Tag Archives: Social Security Checks

401K Contribution Limit For 2013

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…
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Inflation: A Retirees Biggest Enemy

Most people don't think of inflation as being their biggest enemy.  But reality shows that especially for retirees, rising costs of living can be the most devestating thing there is.  In 1981, a gallon of gas cost $1.35, about a third of what it costs today.  And the cost of an average home at that…
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