Some self-employed savers can put away as much as $62,000 for retirement in a solo 401(k) in 2019, depending on age and compensation.
The maximum SEP IRA contribution is $1,000 higher than the 2018 limit and is significantly more than can be saved for retirement in a regular IRA.
There are a few reasons to consider this strategy. One is if you think your child might want to go to a private school one day, and another is if you like a sure thing rather than taking investment risks.
You’re counting down to retirement and you feel like you’ve got to be almost there, but unless you’ve accounted for these factors, you may not be as close as you think.
From ordering food to finding a gifts at online consignment shops, we can find and do pretty much anything we want right from our laptops and phones thanks to the internet. And, shopping at the flea market is no different. Now you don’t even need to le…
The past year has been exciting, if not a little stomach-churning. A raucous 25% rally to start the year unwound a miserable last few months of 2018, but that big advance has been chopped by one-third just since the beginning of May.
Thus, when pickin…
Federal workers and military personnel can save up to $19,000 in TSP retirement accounts for 2019. Some savers can make additional catch-up contributions.
The maximum amount workers at small businesses can contribute to a SIMPLE IRA for 2019 is $500 higher than it was for 2018.
Early retirement can be more than just a daydream for those long Tuesday afternoons at work. With some smart planning, you can make leaving the workforce early a reality. You just have to keep in mind the unique challenges facing early retirees.
Consumers are holding businesses to a higher standard, so how does that play out when it comes to investing?