🤑The limit on annual contributions to an IRA has increased to $6,000 from $5,500 for the 2019 tax year. 🤑The limit for employees who participate in 401(k), 403(b), most 457 plans, and […]
IRS raises retirement saving limits for 2019
401k success or failure?
As you can see from the views expressed below, depending on your perspective, the 401k is a success or not a success. Part of the perspective is politics as you can see […]
Time to Choose – Don’t overlook your open enrollment HumbleDollar
IT’S OPEN ENROLLMENT season for many employer health plans, Medicare and plans offered through the health care exchanges. The window of opportunity can range from a few weeks to perhaps a month. Sadly, […]
Whose fault is underfunded NJ pensions? (And many other states)
In New Jersey, some want public workers to give up benefits to fix the state’s underfunded pension system. That’s puzzling to Governor Phil Murphy. “It’s the state’s fault that we’ve got the […]
Should Social Security benefits always increase to fully account for inflation?
I’m guessing if we ask seniors, the answer will be 100% yes. After all, inflation eroding fixed income is real and annual COLAs have been promised and are expected. Social Security benefits […]
