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Retirement Contributions

The social security benefits are increasing for 2019 and so is what you can put away for retirement each year in your 401(k)! Here is a list of the retirement plan contribution limit increases for next year!

#AllThingsRetirement

https://www.hrdive.com/news/irs-raises-annual-retirement-plan-contribution-cap-to-19k-for-2019/541249/?fbclid=IwAR0yGsuM07jkXF5UoGrRk8b9ZjP1Oaud_8Z0uU15v0ovPjrr_5UXqwEQGu0  


529 Plans for Retiree

529 plans are not just for kids, but also a great idea for retirees! If you are looking to spend some of your retirement years continuing to learn in the classroom for that possible second career, you can open a 529 plan for yourself to pay for your classes. Not to mention you will get a nice state tax deduction along the way if you use a plan sponsored by the state you live in! Look at #5 and #6 on the article below for more details.

#AllThingsRetirement

https://www.thecapitalideas.com/articles/529-plan-uses