Your Data Breaches To Do List
READ TIME: 4 MIN Data breaches frequently occur in today's digital world. In fact, estimates suggest that breaches expose the personal information of over 111.7 million Americans annually. Consequently, major retailers, subscription services, and online platforms all face this risk. Types of Data Breaches and Self-Protection Hackers sweep up names, email addresses, passwords, and other [...]
Retirement Contribution Limit for 2024
READ TIME: 3 MIN The Internal Revenue Service (IRS) has announced new limits for specific retirement accounts for the upcoming year. Remember, this update is purely informational. Always consult a tax professional before altering your 2024 tax plan. Individual Retirement Accounts (IRAs) For 2024, Traditional IRA contribution limits increase by $500 to $7,000. Those over [...]
Find That Lost Retirement Account
READ TIME: 3 MIN Find That Lost Retirement Account Have you misplaced a retirement account from a former employer? Perhaps it's been so long, you can't even recall. Surprisingly, more than 24 million "forgotten" 401(k) accounts exist, holding approximately $1.35 trillion in assets. Even the most organized professionals might discover they have unclaimed “found” money. [...]
What is a Roth 401(k)?
READ TIME: 3 MIN While many understand the benefits of traditional 401(k) plans, Roth 401(k)s may be less familiar to some. Employers have had the option to offer Roth 401(k) plans since January 1, 2006. In 2023, updated retirement rules expanded the availability of Roth contributions in more retirement plans. These plans blend features from [...]
Medicare Part A, B, C, & D
READ TIME: 3 MIN Whether your 65th birthday is on the horizon or decades away, it's critical to understand the different parts of Medicare! This government-sponsored program will play a role in your future health care and retirement decisions. In this guide, we'll dive into the key aspects of Medicare, including Part A, B, C, [...]
2023 Medicare Premiums
Photo by: Hush Naidoo Jade Photography The Centers for Medicare and Medicaid Services (CMS) announced the new 2023 Medicare premium amounts last week, which included a few surprises to retirees and other recipients of Medicare. Notably, the Part B premium has gone down from a starting base of $170.10 to $164.90 per month, representing [...]
