Key Takeaways in This Blog Post: Young professionals and other individuals just getting started with financial planning can easily position themselves for long-term success with just a few thoughtful financial choices Make the most of your 401k plan by contributing enough to maximize your employer’s matching contribution Take advantage of a Health Savings Account (HSA) if available… Read more »
The Macro View
Posts Tagged: ROTH IRA
IRS Announces 2021 Contribution, Benefit Limits
The IRS has announced cost-of-living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2021 and after a year full of change there will be little changes to the limits next year. Important limits for Plan Sponsors to be aware of: 401k Plan Limits 2021 2020 Maximum Employee Deferral $19,500… Read more »