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Retirement Planning: It’s a Good Time to Check Your Savings Strategy
One of the best ways to do that is to make certain that you are taking the maximum advantage of the opportunities to built up your future reserves using options available to you. For example, mid-year is a good time to rexamine where yuo are in relation to the contribution limits for 401-k plans and, depending on your income level, whether additional IRA contribution opportunities are available to you. It’s also a good time to examine the contribution limits for Roth IRAs as well. Check out this post by SmartMoneyMinute senior editor Arturo Conde for more information.