roth IRA

2021 Retirement Plan IRS Limits
Team SummitEmployee Financial Resource Center, Financial Planning, Retirement PlanningComments are off for this post
As January approaches and you begin your financial planning for the new year, keep in mind the recently released retirement contribution limits for 2021. The contribution limit for employees who participate in 401(k), 403(b), most 457 plans, and the federal government’s Thrift Savings Plan has remained unchanged at $19,500. The catch-up contribution limit for employees  Read More →
Path to Cash: A List of Potential Money Sources When in Need
Team SummitBudgeting & Debt, Employee Financial Resource Center, Financial PlanningComments are off for this post
During challenging and unpredictable times like these, it is inevitable that some individuals or families may find themselves in a difficult financial situation. These are often caused by reduced hours, company-wide pay reductions, furloughs, and layoffs. If you, a family member, or a friend are currently experiencing a reduction in the monthly income needed and  Read More →
[VIDEO] Roth for Retirement: You Might Be Missing Out!
Team SummitEmployee Financial Resource Center, Financial Planning, Retirement PlanningComments are off for this post
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Have you considered Roth contributions to your retirement savings? If you haven’t looked into the potential benefits of Roth contributions, or it’s been a while since you’ve thought about it, tune into our thoughts on Roth for Retirement. Then, get nerdy like us and look at the numbers – check out the Roth vs Traditional  Read More →

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