by Ronnean D Collins | Jan 14, 2022 | For System Office Staff, Retirement News
As we move into the new year many will be welcomed with a long-awaited Legislative Increase provided by the approved State Budget. While you may have already made plans for your new increase, it is also a key time to consider giving your retirement plan a raise by...
by Ronnean D Collins | Jan 14, 2022 | For System Office Staff, Retirement News
Tax law places limits on the dollar amount of contributions to retirement plans and IRAs and the amount of benefits under a pension plan. IRC Section 415 requires the limits to be adjusted annually for cost-of-living increases. The limit on contributions by employees...
by Ronnean D Collins | Jan 14, 2022 | For System Office Staff, Retirement News
Paying attention to tax strategies for your retirement income is important. Making tax-savvy moves now can help with your current income and future financial savings goals. There are a variety of tax deductions and credits available to people who save for retirement....
by Ronnean D Collins | Oct 4, 2021 | For System Office Staff, Retirement News
Just as regular health check-ups can help find potential health issues before they become a problem, so may conducting an annual check-up on your retirement savings help prevent veering off-track with your retirement savings goals. Fidelity shares five key steps to...
by Ronnean D Collins | Oct 4, 2021 | For System Office Staff, Retirement News
The month of October is designated as National Retirement Security Month (NRSM). This is a time to make sure your retirement savings and investments are still on track to meet your future goals. Learning more about specific financial needs in retirement is a good...
by Ronnean D Collins | Oct 4, 2021 | Benefits, For System Office Staff, Retirement News
It may be tempting to take a pause on your financial readiness to splurge during the holiday season. Fidelity shares during the holidays that 44% of people break even or spend more than they earn each month. Don’t let your holiday spending put you on the retirement...
