Topic: Retirement Planning

The pages and articles you find here pertain to planning a successful retirement.

A file folder with the label ‘401k’.
Max Contribution Limit for 401k Increased for 2022

School of Employer Plans

Contribution limits for 401(k)s and other employer sponsored retirement plans will increase in 2022.

A shopping cart overflowing with coins indicating rising cost due to inflation.
What is Inflation?

School of Financial Wellness

Inflation is an important concern for any retirement plan because it can erode purchasing power and impact investment returns.

A medical professional holding a stethoscope. The circular end of the scope makes the 0 in the number 2022 meant to represent Medicare updates for 2022
2022 Medicare Premiums, Deductibles and Coinsurance Announced

School of Social Security & Medicare

CMS recently announced that Medicare Part A and Medicare Part B premiums, deductibles, and coinsurance will increase in 2022.

The word pro rata as it appears in the dictionary implying the article is focused on the pro rata rule for retirement contributions.
Backdoor Roth Contributions and the Pro Rata Rule

School of Saving and Investing

The backdoor method allows high earners to contribute to a Roth IRA, but the Pro Rata rule can present a challenge.

A chart showing high taxes meant to indicate the article is about the 10 worst states for taxes.
The 10 Worst States for Taxes

School of Financial Wellness

State taxes provide important services but can be a burden for those citizens paying them. Find out which states have the lowest taxes.

The word tax written on wooden blocks meant to represent state taxes.
The 10 Best States for Taxes

School of Financial Wellness

State taxes provide important services but can be a burden for those paying them. Find out which states have the lowest taxes.

The letters ‘401K’ made from gold blocks are on fire, meant to indicate an oversight has ruined a retirement plan.
6 Simple Oversights That Can Ruin Your Retirement Plan

School of Saving and Investing

Saving for retirement is crucial for most Americans to enjoy their twilight years, but these 6 mistakes can ruin your retirement plan.

A twenty-dollar bill has the number 20 scratched out in red and replaced with a 19 to indicate the loss of purchasing power associated with inflation.
How Inflation Impacts Your Retirement Plan

School of Financial Wellness

Rising prices can impact the amount of income you need in retirement, but planning properly can help ease the burden of inflation.

Image of an employment status form, with the box for retirement checked and the words enjoying life written in the occupation box.
Money Management During Retirement

School of Financial Wellness

Money management during retirement can be quite different, and proper planning is critical to making the most of your savings.