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Brian Schiess

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New Year, New Retirement Plan Contribution Limits

Good news. Once again the IRS has increased the employee contribution limit for 401(k) and other retirement plans in 2020. The contribution limit has been increased from $19,000 in 2019 to $19,500 in 2020 for employees participating in the following types of employer-sponsored retirement plans:

2020-01-17T00:06:23+00:00Good to Know|

Does the SECURE Act Affect Me?

The new Setting Every Community Up for Retirement Enhancement (SECURE) Act was passed by Congress and signed into law by President Trump in December 2019. The law will take effect on January 1, 2020.

2020-01-02T22:19:06+00:00Good to Know|