Hoping This is the Year When You Retire Early?
As we enter the New Year, maybe the dream of an early retirement starts to take shape in your mind. Maybe you’re researching when you might first qualify for Social Security...
IRS Makes Contribution Limit Changes for 2022
The Internal Revenue Service announced that the amount individuals can contribute to their 401(k) plans in 2022 has increased to $20,500, up from $19,500 for 2021 and 2020.
Social Security Gets Massive 5.9% Raise in 2022
On October 13th, the Social Security Administration announced a 5.9% Cost of Living Adjustment (COLA) in Social Security and Supplemental Security Income benefits for tens of millions of Americans in 2022.
Contribute to an IRA Before the May 17th Deadline
Taxpayers of all ages may be able to claim a deduction on their 2020 tax return for contributions made to their Individual Retirement Account made through May 17, 2021.
Creating an Income Plan While in Retirement
You‘ve saved for years. Now that you are retired, did you create an income plan from your savings? Here are five simple steps to help you get started.
The Impact of COVID-19 on Retirement
The COVID-19 pandemic has been with us for more than a year and it’s probably no surprise that it is making pre-retirees worry that their long-term retirement savings is not enough for them to retire when they want.