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Saving for retirement in 2019

With the average yearly Social Security benefit at just $17,532 ($1,461 per month), experts agree saving in a 401(k) plan is a “no-brainer.”  Contribution limits are up $500 for 2019 to $19,000 or $25,000 for those age 50+.  The most important benefits are minimizing taxes and grabbing “free money” if the employer matches the contributions.  Read the full piece from Rita Williams here.

 

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