Do you have a Zombie Retirement Plan?

Posted by Creekmur Wealth Advisors on 9:00 AM on October 29, 2020

Do you have a "Zombie Plan" roaming around somewhere in your financial past? An old 401(k), 403(b), or other employer sponsored plan that's been neglected and untouched for so long that it's almost left for dead!

Read More

Topics: 401k, 403(b), Retirement, rollover

Weekly Flash Briefing 06/30/2020

Posted by Drew Creekmur, MSPFP on 4:25 PM on June 30, 2020

How to Navigate your Employer Sponsored Retirement plan

"My employer provides a Retirement Plan (401(k), 403(b), 457, SIMPLE IRA, etc.), but I don't understand it at all!"

Read More

Topics: 401k, 403(b), Financial Planning, Investments, long term objectives, Planning, Retirement, Roth 401k vs 401k, saving and investing

New IRS Contribution Limits

Posted by Creekmur Staff on 12:45 PM on March 5, 2020

Changes for 2020

The I.R.S. increased the annual contribution limits on IRAs, 401(k)s, and other widely used retirement plan accounts for 2020. Here’s a quick look at the changes.

*As of January 1st, 2020, you can put up to $6,000 in any type of IRA, for both tax years 2019 and 2020. The limit is $7,000 if you will be 50 or older at any time in 2020.1,2

*Annual contribution limits for 401(k)s, 403(b)s, the federal Thrift Savings Plan, and most 457 plans also get a $500 boost for tax years 2019 and 2020. The new annual limit on contributions is $19,500. If you are 50 or older at any time in 2020, your yearly contribution limit for one of these accounts is $26,000.1,2

Read More

Topics: 401ks, 403(b), Roth IRAs, Simple Retirement

Discover the 403(b)  

Posted by Creekmur Wealth Advisors on 11:07 AM on September 18, 2018

discover-403b

This retirement plan allows teachers & employees of non-profits to invest for their futures.

Does your spouse contribute to a 401(k)? You are probably eligible for a retirement plan that can help you save and invest for retirement in the same way – a 403(b).

Read More

Topics: 403(b), Uncategorized, Financial Planning, Retirement, tax deferred growth, Teachers savings plan

Subscribe Here!

Recent Posts

Posts by Tag

See all