The contribution limits for 2012 for a 401(k), a 403(b) and a 457 plan is $17,000. The limit increases with the rate of inflation.
Let’s start the week where most of us begin, being a newlywed couple.
Spousal IRAs are used for an unemployed or underemployed spouse.
Retirement planning should start with your first job but it doesn’t for most people!
Paying taxes is a privilege; I know you don’t think so but it’s the price we pay for living in this country.
The number I am looking for is actually 59½!
Should I Invest In A Roth Or Traditional IRA? My standard answer is; it depends.
How do you plan to pay for college?
You may have a 401(k), a 403(b) which is for nonprofit organizations such as schools and hospitals, a 457 plan which covers state, county and city employees and there is a Thrift Savings Plan for federal employees.
It’s midyear and this is a good time to review your retirement accounts.