Quarterly 401k Update
Learn about how we communicate with your Employees, via our Quarterly 401(k) Update and our Monthly Financial Wellness Series A$AP Finance.
Super Catch Up Contributions
For 2025, under a change made in SECURE 2.0, a higher catch-up contribution limit is available for employees aged 60, 61, 62 and 63 who participate in a 401(k) plan.
#401k #contributions #retirement #retirementplanning
Are You Aware of the New Catch Up Contribution Limits 💰
Under SECURE 2.0, workers aged 60-63 can now contribute up to $34,750 to their 401(k) in 2025, thanks to a higher catch-up limit of $11,250! 💰 This new rule aims to boost retirement savings for those in their key pre-retirement years, helping those who may have missed out earlier in their careers.
#retirement #investing #stockmarket
Professional Planning & Wealth 401(k) Markets & Economic Update Q1 2025
Professional Planning & Wealth 401(k) Markets & Economic Update Q1 2025
Let us know if you have any questions. Contact our team at info@proplanwealth.com
401(k) Markets & Economic Update Q4 2024
401(k) Markets & Economic Update Q4 2024. Let us know if you have any questions. Contact our team at info@proplanwealth.com.
Dollar Cost Averaging Your Money
While markets have recently been higher than other periods, there have been some eras that were absolutely terrible – if you didn't utilize DOLLAR-COST AVERAGING.
Here are some charts showing the market performance back in the 2000's era and it was horrific. You would have made less than 1% return on your money if you had strictly invested in the #sp500 for ten years between 2000-2010. But, if you had used dollar-cost averaging during that same time period, you would have been up almost 14%.
This is really important to understand and implement into your long-term investing strategy.
#investing #stockmarket
Year End Reminders
Tune in for some important Year End Reminders for 2024. Let us know if you have any questions. Contact our team at info@proplanwealth.com.
#2024 #yearend #planning #financialeducation #financialsuccess #investments