Decisions

Catch-up Contribution Change in 2024

If you have a 401K and are over the age of 50, you are able to make a catch-up contribution to your 401K. In 2024, there will be a change to the popular catch-up contribution. Heads up! Catch-up Contribution Eligibility The IRS defines a catch-up contribution this way. “A catch-up contribution is an elective deferral […]

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What is a Power of Attorney?

What exactly is a Power of Attorney? What does a Power of Attorney do? I read an excellent article this week on MarketWatch that inspired this post. From a practical perspective, a Power of Attorney is a legal document that allows you to name (choose) “back-ups” to speak for you about your health and handle

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Caregiving Statistics

The 2022 caregiving statistics are out. Highlighting this information today to enlighten you to consider this question. Have you prepared anything to help yourself be ready if the time comes? Resources and help for caregiving “in the moment” is hard to navigate. Resources in your community may or may not be readily available, or provide

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Multi Factor Authentication

Multi Factor Authentication (MFA or 2FA) is a hot topic these days! As Cybersecurity Awareness Month comes to a close, let’s make sure you stay protected as best you can. The Cybersecurity and Infrastructure Security Agency (CISA) and the National Cybersecurity Alliance (NCA) lead a collaborative effort between government and industry to raise cybersecurity awareness

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2023 Open Enrollment

Open enrollment for 2023 is coming up before you know it! Healthcare coverage is a hot topic across the country. Begin planning now to ensure a smooth process for everyone. For businesses, this is the time for your budgeting and discussions with benefits providers about healthcare and other benefits for your employees. For employees, seek

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Burdens

The word burden, what does it mean to you? After a conversation I had this week, I got to thinking about the word “burden”. The Cambridge Dictionary provided a definition that resonates, “something difficult or unpleasant that you have to deal with or worry about“. This definition says more than “a heavy load” referenced so

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IRS Changes Impact Retirement Accounts in 2022

The tax code is not exactly “bedtime reading” 🙂 I read an article this week on https://financebuzz.com/irs-retirement-changes?pid=1692 I’m sharing with my own information added! Want you to have a heads up to the 2022 IRS changes impacting retirement accounts. As you save for retirement, take note of the following changes. 1. Maximum contributions are higher

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Long Distance Caregiving

Caregiving is a topic many (most) will or have faced in life. Long distance caregiving adds an additional element to the equation. Caregiving resources have developed quite a bit over the years. Knowing about and using resources when you need help with long distance and/or local caregiving is why I’m writing this post today. State

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Quality of Life

Quality of life is a term used across industries. The focus of today’s blog is quality of life as it applies to YOU. How do you define living a healthy and comfortable life, and be able to participate in or enjoy life events? There are many topics we avoid in and about life. Quality of life came

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Secure Act 2.0

The Secure Act 2.0 passed the House of Representatives this week by a vote of 414-5. This piece of legislation moves now to the Senate. This bill was crafted to simplify the current retirement system and help workers save for retirement. Pay attention – sometimes what you plan is impacted by legislation! The original Secure

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