No Time Like The Present!
Remind Your Clients To Defer The Maximum To Their 401(k) Plans
To help your clients realize their biggest possible tax savings (as well as to increase their retirement savings), now is a great time to remind them that they should maximize their deferrals to their 401(k) plans. December 31, 2021 is the last day to do so for 2021, so there’s no time to delay! Deferral limits for 2021 are $19,500 with an additional $6,500 for those aged 50 or older.
Are Your Clients Thinking About Starting a 401(k)?
Need To Act Now For a 1/1/21 Effective Date!
Now is the time to act if your clients are thinking about establishing a 401(k) plan to save on their taxes, and to offer a benefit their employees.
Most companies run on a calendar year basis, and typically, employee benefits start on the first of the year. Aligning the 401(K) start date with other benefits and the tax year will make recordkeeping easier for you and your client. Read More »
These 5 Mistakes Could Cost You!
If you’re already using a 401(k) for retirement savings, that’s great. Make sure you’re not making any of these mistakes which could have a significant impact over the life of your 401(k) and on your retirement!
Changed Jobs? Don’t Leave Your 401(K) Behind!
If you’ve changed jobs recently, don’t forget to take your 401(k) with you! Over the past 10 years, 25 million people changed jobs and left their money behind. Read more about some things you should know.
There May Be A Silver Lining
It might not seem like it, but in fact, if you have savings in a 401(k) or IRA right now, there may be a possible silver lining brought about by the volatile market. Read more from Jim Mahaney.
What should you do with your 401(k)? Don’t panic!
The news has been unsettling, and the markets have been volatile. But if you’re a long-term investor, what should you do with a 401(k), IRA or 529 savings plan for your kids’ college tuition? Stay the course. Read more about why from Paul R. La Monica here.
