Here are the maximum amounts you can save into some common retirement plans in 2022: 401k Pre-tax or ROTH – $20,500 (Increased from $19,500) 401k Catch-up if over 50 – $6,500 SIMPLE IRA – $14,000 (Increased from $13,500) SIMPLE IRA Catch-up if over 50 – $3,000 Traditional IRA or ROTH IRA – $6,000 Traditional IRA…

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Retirement Contributions – Make 401k, IRA or employer contributions. Charitable Contributions – Give cash or appreciated investments to your favorite charities. 2021 Reflection – Did I save, give, spend intentionally, and pay off what I had planned? If so, celebrate! If not, why? 2022 Plan – How much will I save, give, spend intentionally, and…

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I recently traveled internationally with a group of business men. Traveling without my family forces me to consider their situation if I was “promoted” (died) unexpectedly. It’s uncomfortable and sad to think about this, but I’d rather be prepared than avoid discomfort. Here are the questions I asked myself before my trip: Will my family…

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The Social Security Administration redesigned their statements to make them easier to read and understand. They also stopped mailing them to most people. Therefore, it’s a good time to login or create an account to review your statement. Check to make sure your earnings history is correct and that your personal information is accurate. The…

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