by Savvysite | May 21, 2018 | Financial Planning, Retirement Planning, SWWM
“What are 401k Catch Up Contributions?” Contributions to a traditional 401k are limited to $18,500 in 2018. If you are over age 50, then you may be eligible to set aside up to $24,500 in 2018. That’s an additional $6000 of salary deferral just for being over 50. A...
by Savvysite | Apr 17, 2018 | SWWM, The Savvy Women Show
The Savvy Women Show How to Negotiate Like a Maven We are honored to interview Best Selling Author Rebecca Zung, Esq., America’s Divorce Authority. Rebecca provides tips on how to “Negotiate like a Maven”. How to negotiate a raise, how to negotiate...
by Savvysite | Mar 7, 2018 | Investing, Retirement Planning
Today’s Financial Planning tip will cover “What is a Roth IRA?” A Roth IRA, is an Individual Retirement Account used by individuals to save for retirement with after tax income that grows tax free and distributions are tax free. However, there are certain rules and...
by Savvysite | Jan 25, 2018 | SWWM, The Savvy Minute
Today’s tip will cover “What are some of the benefits of 529 education saving accounts and the recent tax overhaul?” Many people will benefit from a change that allows assets in 529 plans to be used to pay for elementary and high school tuition. In addition, 529...
by Savvysite | Jan 16, 2018 | SWWM, The Savvy Minute
Today’s tip will cover “Why choose a 529 plan for college savings?” A 529 Plan is a college savings account that is exempt from federal taxes. These types of plans were introduced in 1996 to help taxpayers save for college expenses for a designated beneficiary. A few...