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The 401(k) Catch-Up Contribution Rule is Changing
by
Doug Carey, CFA
President
WealthTrace
Starting in 2024, higher-earning workers who make catch-up contributions to employer-sponsored retirement plans will have to put that money in a Roth account.
Full story
Minimize Taxes in Retirement: Key Points for Tax Strategizing
by
Mike Porter
Director of Client Services
WealthTrace
When you retire, your income taxes are likely to decrease, but it's important to minimize the taxes you do have to pay.
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A Look at Social Security's Future and What You Can do to Prepare
by
Doug Carey, CFA
President
WealthTrace
Social Security will have to cut benefits by 2034 if Congress does not address the program’s impending funding shortfall. You should prepare by creating a retirement plan and seeing how a benefits cut would impact you.
Full story
How Many Funds Should I Own For Retirement?
by
Mike Porter
Director of Client Services
WealthTrace
The number of funds you should own is going to depend on your investment goals, risk tolerance, and portfolio diversification strategy.
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Seven Mistakes That Can Upend Your Retirement
by
Doug Carey, CFA
President
WealthTrace
There are a few key mistakes to look out for when planning for your retirement. If you can avoid these mistakes you can help set yourself up for a wonderful retirement free from financial anxiety.
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