High Earners Age 50 and Older Are About to Lose a 401(k) Tax Break
The option to make pre-tax catch-up retirement contributions is going away in 2026 for those savers. Click here to learn contribution options.
Some of the ‘Big, Beautiful’ Tax Breaks Are Smaller Than You Think
Congress giveth and Congress taketh away - sometimes in one law. The "big beautiful Bill" signed by President Trump this month is a good example. Click here to learn more.
How to Handle Market Declines
Market declines are unsettling. The following article offers insight and perspective: https://www.capitalgroup.com/advisor/insights/articles/handle-market-declines.html
End-of-the-Year Money Moves
End-of-the-Year Money Moves Here are some things you might consider before saying goodbye to 2021. What has changed for you in 2021? For some, this year has been as complicated as learning a new dance. Did you start a new job or leave a job behind? That’s one step. Did you retire? There’s another step. If notable changes occurred in your personal or professional life, then you may want to review your finances before this year ends and 2022 [...]
401(k) Millionaires
401(k) Millionaires What does this mean for your overall retirement strategy? Your workplace retirement account can play a critical role in your overall retirement strategy. However, some have gone further with the accounts than others, especially recently. CNBC reported on findings that place 401(k) accounts at all-time highs, with some even joining the much-desired “two comma club” of 401(k) millionaires. Average 401(k) balances jumped 24% from the previous year to $129,300. Also on the rise were overall contributions, with 12% [...]