Higher 401(k) Contribution Limits for 2022 Good news for retirement savers—401(k) contribution limits have increased for 2022. You can now contribute up to $20,500, which is a $1,000 increase from the previous limit. Additional Savings for Workers Over 50 If you’re age 50 or older, you…
The age at which you must start taking required minimum distributions or RMD’s from your tax defferred retirement accounts has been raised. In this video I’ll be discussing how you can navigate the new RMD rule and make the most of your retirement plan. This website commentary reflects the…
Women face unique challenges when it comes to employment, income, and caregiving. As a result, they often must take a different approach when it comes to preparing for retirement. Here’s a look at some of the retirement hurdles women face and how to address them. This website commentary reflects…
Understanding FOMO in Investing: How It Impacts Your Financial Decisions Every day we’re bombarded with reports of what’s hot and what’s not – fueling a fear of missing out (FOMO) on some great investment opportunity. Heck, there is even a new exchange traded fund with FOMO in its name. But…
If you are offered an early retirement package from your employer, numbers should not be the only factor in your decision to accept or decline. A detailed assessment with your financial professional will be vital to determining the optimal course of action.
Divorce is never easy, and it’s certainly not easy when talking about splitting assets and planning for the future. So, how do you protect your assets while going through this difficult time?
You’ve just unexpectedly received a large sum of money and are not sure what to do with it. Read on for some insights that will help you now, and down the road.