Posts Categorized: Retirement

IRS Increases Retirement Contribution Limits

When the cost of living increases, consumers saving for retirement have to plan accordingly. The IRS announced an increase in the maximum contribution limits for IRAs and 401(k) plans for the first time since 2008. Now saving savvy consumers will be able to sock away a little extra for their nest eggs. Currently, consumers canread more

Younger Generations Learning Retirement Savings Lessons Early

When it comes to saving for retirement, many Americans have adopted an “abandon all hope” fatalistic perspective. With so many struggling to find jobs and just pay their bills, retirement is not always a top priority. And then there is always the argument that Social Security won’t be around for younger generations. But despite theread more

Follow the Credit Expert: @NEFE_ORG

The National Endowment for Financial Education is a nonprofit foundation that helps individuals and families with financial decisions by offering financial education and tools. The company also conducts research and consumer surveys based on financial topics. NEFE offers resources to college students, retired individuals, and wasteful spenders to help people spend and save more wisely.read more