Congress has passed, and the President has signed, a spending bill that includes the SECURE Act, which makes a number of changes in retirement planning rules....more
Ages 25, 30, 35, 40 – save more spend less - Save as much as possible on a pre-tax or tax-advantaged basis - (Why think about retirement at these young ages? Because, with a little luck, you’ll be old someday)....more
Members of Saul Ewing Arnstein & Lehr’s Tax and Employee Benefits and Executive Compensation Practices have outlined the recently announced 2018 dollar limits on the Social Security Wage Base, compensation and deferrals for...more
The Internal Revenue Service has just announced the limits on retirement plan contributions and benefits for 2018.
The limit on 401(k) contributions will be $18,500, an increase from $18,000 per year. The catch-up...more
No; of course not. Some people choose to continue to work full-time after reaching what many would consider retirement age, such as 65. And more than a few people have to work. But others look forward to the absence of daily...more
There is so much being written about retirement these days, in large part because of the bulge of baby boomers now reaching and past retirement. My experience has been that many people fear retirement, because they think it's...more
Over the past 30 years, a dramatic change has taken place in the use of retirement plans to help people save for their later years....more