There’s Still Time!
If COVID delayed your tax filing plans for 2019 and 2020, you still have until 10/17/22 to get them in without a penalty, according to Andrew Keshner. Read more.
Recalibrating For Your Retirement
How To Catch Up On Retirement Contributions Post-COVID
On top of all the other disruption (and worse) caused by the pandemic, COVID-19 may have put a real dent in your progress towards saving for retirement. Did your workplace close temporarily, or did you have to temporarily leave the workforce? Did your employer pause matching contributions, or did you find yourself needing to take a coronavirus-related distribution? Or did the uncertainty of the last year just cause you to pause your own contributions? Regardless of why you got off track, with the economy booming, now’s a great time to get back on! There are steps that can set you on your path again, determined by your age, situation, and whether you’re able to make catch-up contributions. Read More »
How Are the Pandemic and Recession Impacting Social Security Benefits?
The three-legged stool of retirement planning is the idea that Social Security, your personal savings and a pension or employer-sponsored 401(k) should work together to give you a stable retirement. However, none of these is expected to work on its own, even in the best of times. Social Security benefits play an important role in retirement security, and they are being impacted by current events in several ways. Learn more from Kiplinger.
