Category: Retire
Update: this article has been updated for the 2022 and 2023 tax years. Also, check out my Saver’s Credit overview for more details on the Retirement Savings Contribution Credit. …
Average Retirement Savings per American According to the Employee Benefits Research Institute’s Retirement Confidence Survey, 54% of workers in the U.S. have less than $25,000 in total savings and …
Maximum Employer 401K Contributions I’d like to clear up a very common 401K misconception surrounding maximum contribution limits. Question: The individual IRS maximum 401K contribution limit is $22,500 in …
Update: in addition to this article, I’ve also written an updated breakdown of pensions/401Ks in my post on defined benefit vs. defined contribution retirement plans as well as a …
There’s nothing better than self reliance and personal empowerment when it comes to financial planning. However, if you don’t yet have the confidence in yourself to manage your financial …
The other day I was searching through the 401K section of my employer’s intranet and was shocked and delighted to find that employees are now offered a self-directed 401K …
Traditional IRAs are one of my favorite investment vehicles. Why? They are highly flexible. If you don’t have one, you should. They are easy to set up and depending …
Asset Allocation: Net Positive Income – a Good Problem to Have It’s great to be ‘in the black’ with your net income, simply meaning that more money is coming …
