Skip to Content

Learning Center

IRA and Retirement Plan Limits for 2013

IRA contribution limits The maximum amount you can contribute to a traditional IRA or Roth IRA in 2013 increases to $5,500 (or 100% of your earned income, if less), up from $5,000 in 2012. The maximum catch-up contribution for those age 50 or older remains  …read more »

There’s Still Time to Contribute to an IRA for 2011

There’s still time to make a regular IRA contribution for 2011! You have until your tax return due date (not including extensions) to contribute up to $5,000 for 2011 ($6,000 if you were age 50 by December 31, 2011). For most taxpayers, the contribution deadline  …read more »

403(b) Plans, Contribution Limits and Rollover Options

A 403(b) plan is an employer-sponsored retirement plan for certain employees of public schools, tax-exempt (501(c)(3)) organizations, and churches. The employer can purchase annuity contracts for eligible employees, or establish custodial accounts to be invested in mutual funds or other investments. In the case of  …read more »

In-Service Withdrawals from 401(k) Plans

You may be familiar with the rules for putting money into a 401(k) plan. But are you familiar with the rules for taking your money out? Federal law limits the withdrawal options that a 401(k) plan can offer. But a 401(k) plan may offer fewer  …read more »

IRA and Retirement Plan Limits for 2012

The maximum amount you can contribute to a traditional IRA or Roth IRA in 2012 remains at $5,000 (or 100% of your earned income, if less), unchanged from 2011. The maximum catch-up contribution for those age 50 or older remains at $1,000. (You can contribute  …read more »

Stock Market Volatility Keeping You Up?

Long-term investing goals and financial plans will help you avoid impulsive moves. Once again, we are seeing a lot of volatility in the market. Times like these indicate your tolerance for volatility. Unfortunately, further market volatility is inevitable. ┬áSo to protect your portfolio during these  …read more »

GAO Report Suggests Annuities as Retirement Income Option

The U.S. Government Accountability Office (GAO) reports that financial experts typically recommend that middle-net-worth retirees use a portion of their savings to buy an income annuity (immediate annuity) to help meet necessary retirement expenses. The report, Ensuring Income throughout Retirement Requires Difficult Choices, finds that  …read more »

New Social Security Figures — Fall 2010

The Social Security Administration recently announced changes for 2011, including: Beneficiaries will not receive a cost-of-living adjustment (COLA) for 2011 because there was no increase in the Consumer Price Index (CPI-W) from the third quarter of 2008 to the third quarter of 2010. This is  …read more »