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Tag Archives: social security
2012 Retirement Plan Contributions and Other Social Security Limitations
Each year the IRS will release new cost of living adjusted retirement plan contribution limits and Social Security limitations on allowable income to be earned by those collecting Social Security. The employee maximum elective deferral allowed under 401(k), 403(b), Federal … Continue reading
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Tagged 2012 limits, Don Hannahs, IRA Contribution, Planning Solutions Group, PSG, Roth IRA, SEP, Simple IRA, social security
The Generation of Social InSecurity…Taking Control of Your Own Retirement
By now, this is not an original or even shocking topic. If you speak to most 20-, 30- and 40-somethings, the idea that our government’s Social Security program will adequately provide for younger generations in retirement is a recurring joke. … Continue reading
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Tagged 401(k), Baby Boomers, IRA, Planning Solutions Group, Rebecca Hayes, Roth IRA, social security
US Debt Ceiling Debate: Don’t Fail to See the Forest Through the Trees
The debate over the debt ceiling level has reached deafening levels. We think there are more important issues to focus on. Plain and simple, this debate is political grandstanding. We feel the U.S. debt ceiling will be raised even if … Continue reading
Oil Prices and the Impact on U.S. Consumers
The U.S. Department of Energy estimates that the average U.S. household will spend $825 more on gas this year versus 2010. A $10 dollar increase in the price of oil decreases annual real Gross Domestic Product (GDP) by 0.2%. If gas prices … Continue reading
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Tagged gas, GDP, oil, Planning Solutions Group, social security, U.S. Department of Energy