Articles from December, 2023
my529 Account Prepaid Access Card
December 15, 2023 | By Manisha Gupta
A 529 account is an excellent vehicle to save money for kids’ education. The contributions grow tax-free, and withdrawals from the account are tax exempt as long as they are used for qualified educational purposes. A list of qualified educational…Read More
2024 Retirement Plan Limit Changes
December 1, 2023 | By David Lowe
The IRS recently announced that the maximum contribution for various investment accounts has increased for 2024. 401(k), 403(b), most 457 plans, Thrift Savings Plan Employee contribution limit: $23,000 That equals $958.33 per paycheck if you get paid twice a month…Read More