Job, family (children, grandchildren…), friends, all the beauty around us that God blesses us with every day. The many blessings God has given to my family and me. Good health for the family and protection, especially during the pandemic. A good job that is fulfilling, provides for the ...
One way is to postpone the sale of stocks and bonds if they generate a profit, as the earnings will count as income. That also means holding off onearly withdrawalsfrom your 401(k) orIRA. Besides, ask your employer if you can defer any cash bonuses to when they won’t have a negativ...
Inflationary pressures are likely the main reasons for such a high contribution limit increase. For example, the Social Security Administration raised itscost-of-living-adjustment in 2022by an impressive 5.9% to account for inflation. In 2023, the COLA adjustment then went up by8.7%! If you are...