WiserAdvisor

JANUARY 3, 2024

Moreover, not only can 401(k)s be used in retirement, but they can also play a crucial role in estate planning. For instance, in 2024, the contribution limit for 401(k) accounts is set to increase to $23,000, marking a $500 uptick from the previous limit. The catch-up contribution limit stays at $500.

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WiserAdvisor

JANUARY 16, 2024

Beyond retirement, 401(k) plans can play a crucial role in estate planning, too. For instance, in 2024, the contribution limit for 401(k) accounts has increased to $23,000 from $22,500 in 2023. Additionally, if you have insurance coverage or external financial support, it may impact the necessary fund size.

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WiserAdvisor

MARCH 13, 2024

Health insurance can be instrumental in tackling the escalating costs of healthcare. Insurance serves as a crucial safety net and shields your retirement savings from being depleted by unforeseen medical expenses. For the tax year 2024, individuals can contribute a sum of $4,150 and families can contribute $8,300 to their HSA.

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Retirement Planning Retirement Planning Estate Planning 105

Carson Wealth

APRIL 25, 2024

Retirement planning: Calculate retirement needs and contribute regularly to retirement accounts. Insurance coverage: Evaluate insurance needs for health, life, disability, long-term care and property, ensuring adequate coverage. Contact us today to build a financial plan that helps you pursue your goals.

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