Introduction I’m in the midst of preparing an epic post on FMLA, but an accumulation of events in my personal and professional lives has inspired me to address some basics of estate planning that are tied to benefit plans. A lot of this can be rather depressing – some of the scenarios we talked about […]
Tag: 401(k)
Retirement plans: 401(k)
Every year the IRS decides whether or not to raise the annual contribution limit for 401(k) retirement plans. Its calculations are based on the official cost-of-living rates. These limits also apply to other retirement savings plans such as 403(b)s. You can set aside pre-tax money if your employer sponsors one of these retirement savings accounts, […]