Who and how much can contribute to an IRA and 401k? скачать в хорошем качестве

Who and how much can contribute to an IRA and 401k?

With the Secure Act and Cares Act, the IRA rules have changed. Let’s start with what is now current law: Who Can Contribute to an IRA? Earned Income Requirement: You or Your Spouse Must Have Earned Income Age Restrictions: No Age Restrictions for Traditional or Roth IRA Contributions, New with the Secure Act – Eliminating Age Limit for IRAs How Much You Can Contribute to an IRA and 401(k)? IRAs or Roth IRAs: $6,000 ($7,000 if 50 years old) 401(k) or Roth 401(k): $19,500 ($26,000 if 50 years old) Schedule a free assessment with one of our experienced financial professionals: http://bit.ly/PureAssessment Subscribe to our YouTube channel and stay tuned for the next episode of the Your Money, Your Wealth® TV show: http://bit.ly/YMYW-YouTube Subscribe to the YourMoney, Your Wealth® podcast: https://lnk.to/ymyw IMPORTANT DISCLOSURES: • Investment Advisory and Financial Planning Services are offered through Pure Financial Advisors, Inc. A Registered Investment Advisor. • Pure Financial Advisors Inc. does not offer tax or legal advice. Consult with their tax advisor or attorney regarding specific situations. • Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. • Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. • All information is believed to be from reliable sources; however, we make no representation as to its completeness or accuracy. As rules and regulations change, content may become outdated. • Intended for educational purposes only and are not intended as individualized advice or a guarantee that you will achieve a desired result. Before implementing any strategies discussed you should consult your tax and financial advisors. CFP® - The CERTIFIED FINANCIAL PLANNER® certification is by the CFP Board of Standards, Inc. To attain the right to use the CFP® mark, an individual must satisfactorily fulfill education, experience and ethics requirements as well as pass a comprehensive exam. 30 hours of continuing education is required every 2 years to maintain the certification. AIF® - Accredited Investment Fiduciary designation is administered by the Center for Fiduciary Studies fi360. To receive the AIF Designation, an individual must meet prerequisite criteria, complete a training program, and pass a comprehensive examination. Six hours of continuing education is required annually to maintain the designation.