RETIREMENT CORNER
In life, our biggest regrets are often things we didn’t do rather than what we did – not spending enough time with family, not seeing the world as much as we would have liked, or not going after the “dream job” and settling for the safe one.
This also holds true for some of our biggest financial regrets....
This week the IRS issued Notice 2016-62, updating the retirement plan limits for the year 2017. Like with Social Security, limits associated with retirement plans (and estate planning, for that matter) are increased based on the government inflation calculation. A very modest increase in inflation means a small increase for some limits from 2016 to 2017....
As I’m sure some of you are aware, a government report released this week confirmed that premiums for those purchasing healthcare through federal exchanges (also referred to as Obamacare) are set to rise an astonishing 25% in 2017, making the “affordable” part of the Affordable Care Act a little less so....
A recent survey released by human resources consulting firm Aon Hewitt added further to the evidence that student loan debt has a detrimental effect on retirement security.
The survey found that:
