Good news for savers, the IRS announced new retirement plan contribution limits for 2019 to go along with those previously announced for health savings accounts (HSA). The larger contribution limits mean lower taxes, potentially higher after-tax investment returns and greater retirement income.
A friend brought this New York Times article to my attention: Court Overturns Obama-Era Rule on Retirement Planners. Sadly, and not for selfish reasons, I couldn't believe it.
(Why investment plans matter)
In fact, that's exactly what most investors do by not having an investment plan. Surprisingly, even among the affluent, most investors don't have one.
Caught in an extraordinary convergence of unhinged stock market volatility and historically low interest rates on savings, many people are rethinking their plans and their vision for the future, especially as they consider the prospect of having to stretch their retirement income over 25 or 30 years. A study conducted in 2015 by the Employee Benefit Research Institute found workers of all
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