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Social Security

How to Take Advantage of 401(k) Catch-Up Contributions :usnews.com

The 401(k) Catch-Up Contribution Limit for 2019 WHEN YOU TURN 50, YOU become eligible to contribute more money to your 401(k) plan. The tax deduction you can claim on these catch-up contributions could save you over $1,000 on your annual tax bill. Here’s how to take advantage of 401(k) catch-up contributions: Workers can defer paying income tax on…

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7 retirement saving mistakes financial advisers see too often

Saving for retirement is confusing – it’s no surprise we make mistakes along the way. Luckily, there are strategies to get back on track. Below, financial planners share the most common mistakes, and how they help their clients recover. 1. Failing to create a plan A retirement plan is one of the best ways to…

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Retroactive Social Security Benefits…Can You Back It Up?

Retroactive Social Security Benefits Many Americans rely on Social Security in retirement but navigating the system can be overwhelming and hard to understand.  Social Security is full of special benefits you can apply for depending on your needs and life situation. One of those benefits we often get questions on is how can I take…

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