In recent years, the SECURE 2.0 Act has introduced important updates to retirement savings laws, aimed at helping Americans prepare for a financially secure retirement. With 2025 on the horizon, the latest adjustments focus on 401(k) contribution limits, new age-based provisions, and tax planning for high-income earners. These changes offer benefits to individuals of various […]
A Savings Incentive Match Plan for Employees (SIMPLE) IRA is an individual retirement account set up for employees through smaller employers. Typically, these smaller employers have a maximum of 100 employees and do not offer any other retirement plan. If you are a small business owner looking for employee retirement plan options, you may be […]
Inflation is something most Americans are thinking and talking about a lot lately. Not only does inflation impact the prices of consumer goods; but the federal government also uses it as a benchmark in determining whether to increase contribution limits to qualified retirement plans or to raise monthly Social Security benefits. On an individual level, […]