Get ready to save some more money! For the second year in a row, the IRS has increased the 401K contribution limit by $500. In 2013 the 401K contribution limit will be $17,500, pre-tax. For 2012 the limit was $17,000, pre-tax. Of course, your 401K contributions come out of your paycheck before you have taxes taken out. This…Read more
2010 is the perfect year to do a conversion to the Roth IRA. You can pay the taxes over 2 years. But there are some things to be careful of.