The issue of raising the debt limit has been resolved, at least until January 2025, and we can all breathe easier now that the United States can continue to pay its debts. Hopefully, in the future, Congress will find a way to eliminate this boondoggle or at least to work around it, as was done […]
Financial News
401(k) and IRA Limits Rise for 2023
Good News for those with 401(k)s and IRAs The IRS has announced we will see 401(k) and IRA limits rise in 2023, and that the amount individuals can contribute to their 401(k) plans in 2023 has increased to $22,500, up from $20,500 for 2022. This also applies to 403(b), most 457 plans, and the federal […]
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