Putting on the squeeze

The purpose of the impeachment inquiry and public hearings is to render the president impotent. To exert enormous pressure on him and this keep him in check, constitutionally.

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IRS ANNOUNCES 2020 CONTRIBUTION LIMITS

One of the most important aspects of retirement planning is saving your money for your future. Of the various ways to do this, investing in a retirement plan is one of the best. So, how much can you save in a retirement plan in 2020? Here’s the breakdown:

Limits to contributions into a 401(k), 403(b), and most 457 Plans has been increased from $19,000 (2019) to $19,500 (2020), allowing participants of those plans to save more for their retirement.

Catch-up contributions for 401(k), 403(b), and most 457 Plans has increased from $6,000 (2019) to $6,500 for the 2020 tax year.

The limits for those contributing to an Individual Retirement Account (IRA) have remained the same at $6,000.

To learn more about the updated contribution limits for retirement-related planning, contact our team at 877–484–4400.

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