Putting off planning is the most common regret among retirees today. Setting a goal for yourself and working toward it incrementally and diligently is the best way to begin boosting your retirement savings today.
Why and When Should I Review My Retirement Contributions?
The SECURE Act
At the end of December 2019, Congress passed a funding resolution for the government which averted a shutdown. The intentions of this law are generally noble--to help more employees fund their senior years with workplace retirement plans which allow participants to save more money than they would through a typical IRA alone. But it also provides some significant changes which individuals and planners alike are going to have to wade through in the coming years.