Retirement Savings Tips: Stop Worrying and Start Saving

According to most retirement savings statistics, saving for retirement is something a lot of people put on the backburner.  Until it is too late, that is. For some people, the reason is that they are simply living paycheck to paycheck, so there isn’t much left to put aside. Others have some leftover money after covering … Continued

IRS Announces 2022 Retirement Plan Contribution Limits | Virginia Employee Benefits Agency

On November 4, 2021, the Internal Revenue Service (IRS) released Notice 2021-61 announcing cost-of-living adjustments affecting dollar limits for pension plans and other retirement-related items for tax year 2022. Many pension plan limits will change next year because the increase in the cost-of-living index met the statutory thresholds that trigger their adjustment. Other items, however, will not … Continued

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