Retirement

IRS Announces 2019 Retirement Plan Limits

The Internal Revenue Service has announced cost-of-living adjustments for 2019, which affect dollar limitations for retirement plans and other retirement-related values. Almost all limits increased from 2018 to 2019. 

The 2019 limits are as follows:

401(k) Deferral Limit – Increase from $18,500 to $19,000

Which 401(k) Plan Services Justify Higher Fees?

A lot of 401(k) plan sponsors are unsure they’re paying “reasonable” fees to their 401(k) provider for ”necessary” services – an important 401(k) fiduciary responsibility. 

The 7 Retirement Planning Questions

If you can't answer these seven questions confidently, then you need to work with a financial planner...

1. How will we fund our living expenses in retirement?

2. What do we we need to know about required minimum distributions (RMDs)?

3. Do we need Long Term Care (LTC) insurance?

4. When and how should we start taking social security benefits?

5. When should we apply for Medicare?

6. Is our investment allocation too risky?

7. What would happen if we died today?

Hint...see below for quickie answers to the above questions:

Blowing Retirement Savings

You’re traveling across the desert, feeling parched and looking dirty. You take a long drink of water from your canteen, then wash your face with the rest. As you’ll discover before you die of thirst in a day or two, you just made a huge mistake. Outside of cartoons, nobody is this stupid.

Getting Value in a Vacation Home

A vacation home is a significant investment that can pay off in fun and value. Here’s a look at things to consider when shopping for investment real estate.

Longevity Risk and Retirement Income

How long might you live in retirement? Think carefully. Your answer could influence whether you have enough money for a comfortable retirement or just scrape by.

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