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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There were multiple articles of interest this week. Real ID, Financial Fraud and Affordable Internet updates impact young and young at heart ❣ Read on to see what may impact you or someone you love. Real ID Implementation Update After the “pandemic delay”, effective May 3, 2023 Real ID goes into effect. Be alert, you
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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
As we explore the human aspect of work, let me remind you that today in the US, we “spring ahead”! Yes, it is that day of the year when an hour of our day goes “poof”! Happy Sunday! One Size Does Not Fit All Two years ago, we learned of a global pandemic. This pandemic
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Medical Costs impact us all. The statistics are sobering. How prepared are you for the possibility of a one time medical issue? Did you know that over a half a million Americans file for bankruptcy every year because of medical bills? Or that US medical bills are responsible for 66.5% of all American personal insolvencies?
Effective January 1, 2022 the No Surprises Act went into effect. The No Surprises Act bans surprise medical bills for emergency services and unexpected out-of-network providers. What this Act Means (from NerdWallet January 5, 2022) More Americans worry about unexpected medical bills than any other expense, according to polls by the Kaiser Family Foundation in
End of year prep is upon us. The finish line is in sight! Thinking about what could be advantageous for you now and to begin the new year, here is a list to help you get started. In the corporate arena many departments (i.e. accounting, human resources, inventory, sales +) have checklists to complete for
Were you aware that 2022 Tax Information has been released by the IRS? Before you say, “It’s only November” consider this. “Forewarned is forearmed” (Robert Greene). IRS Releases Income Tax Brackets for 2022 Although the tax rates haven’t changed as yet, tax brackets for 2022 have been released to account for inflation. For 2022, they’re
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10/10 is World Mental Health Day. Did you know? The World Health Organization reports nearly 1 billion people live with a mental health disorder? In countries with low income and poverty, more than 75% of people with mental illnesses will not receive treatment World Mental Health Day can be a life-saving and life-changing opportunity to
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Transitions are defined as, “the process or a period of changing from one state or condition to another”. As we prepare for a seasonal transition of summer to autumn, it seemed fitting to cover the transitions of life we undergo. Transitions In Life From Birth through retirement and advanced age, transitions are with us every
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