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How the New Tax Bill Directly Impacts You

How the New Tax Bill Directly Impacts You

Neal ThompsonFeb 15, 20182 min read

The Overview The U.S. Senate recently passed a new tax bill titled, “Tax Cuts and Job Act”. President Donald Trump signed this bill, stating that it will be beneficial both to individuals and corporations.  The bill will go into effect for 2018 taxes, bypassing 2017 taxes. The Breakdown The bill has a wide range effect, impacting all taxpayers to a varying degree. As always, your income will significantly impact your…

Paying Off Debt Vs. Saving for Retirement

Paying Off Debt Vs. Saving for Retirement

Neal ThompsonFeb 5, 20183 min read

Save Now, Then Save Some More! We all know that saving for retirement is important, and it’s never too early to start.  However, it never feels as simple as putting money aside – there’s always something that gets in the…

401(k) Contribution Limits Increased for 2018

401(k) Contribution Limits Increased for 2018

Neal ThompsonFeb 1, 20183 min read

Big News from the IRS After two years without any changes, the IRS announced they will be increasing the 401(k) contribution limits for 2018. This is exciting news! The increase in cost of living will allow individuals to contribute up…

                   

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