August 19, 2024 Weekly Update

We do love it when someone refers a family member or friend to us.  Sometimes the question is, “How can we introduce them to you?”   Well, there are multiple ways but a very easy way is to simply forward them a link to this webpage.

Here are this week’s items:

Portfolio Update:  Murs and I have recorded our portfolio update for August 19, 2024

401K Rules in Retirement After Reaching Age 50

Radon and Murs discuss the essential rules and considerations surrounding your 401K as you approach and surpass the age of 50. Age 50 is a pivotal milestone when it comes to retirement planning, with key changes in contribution limits, withdrawal rules, and rollover options that can significantly impact your financial strategy. Understanding these rules can help you optimize your retirement savings and avoid costly mistakes.

 

401K Rules in Retirement After Reaching Age 50

Navigating the complex world of 401K plans as you get closer to retirement can feel daunting, especially as you approach age 50. This age marks the beginning of a new chapter in your retirement planning journey, one that comes with its own set of rules, opportunities, and potential pitfalls. But why does age 50 matter so much in the context of 401K rules?