Tax Numbers For 2022

The IRS has released its annual inflation adjusted tax numbers for 2022. Below we have highlighted some of the most relevant updates for tax brackets, retirement contributions, and estate and gifting limits, as compared to 2021 figures. Individual Income Taxes Income Tax Brackets – Single Tax Filer 2022 2021 10% Up to $10,275 Up to $9,950 [...]

By |2021-12-16T13:50:14-05:00December 16th, 2021|Financial Planning, Retirement|

The SECURE Act and Your Retirement

The SECURE Act and Your Retirement As part of the approval of a recent spending bill, the House and Senate have also approved the SECURE (Setting Every Community Up for Retirement Enhancement) Act. In general terms, the goal of the legislation is to expand and preserve retirement savings programs. All changes became effective on January [...]

By |2020-11-24T15:11:55-05:00January 3rd, 2020|Financial Planning, Retirement|