It’s graduation time – and soon a new crop of college freshman will be heading off for their first experience at independent living. While part of the learning in college is figuring out life skills, there are a few pitfalls with possible serious long-term consequences that can be avoided with a little preparation. For example, despite recent regulatory reforms, credit ca
There are many high income individuals or couples whose income prevents them from making direct contributions to a Roth IRA. However, legislation over the past five years has increased the options for getting money into tax free Roth assets.
Consider these two common strategies:
Just a quick reminder that the IRS has increased the 401(k), 403(b), 457 and TSP contribution limits from $17,500 to $18,000 for 2015 and the 'catch up' contribution on these same plans (for those of you already 50 or turning 50 in 2015) has increased from $5,500 to $6,000. If you have not already done so, take a minute to increase your savings as every little bit helps.