FOX4TV – Tax Reform, 401k and Retirement Savings Rules of Thumb
How will tax reform affect you and your retirement?! Tax reform is on the agenda in 2017 and be aware of its impact to your retirement savings. At this time it appears that the 401k deduction of up to $18,500 is safe.
Make sure you maximize your 401k for tax savings and maximize your employer match too.
How much will I need to save for retirement to keep the life-style to which I’ve become accustomed? When should I start saving for retirement? Check out this video for James’ quick rule-of-thumb to take the mystery out of retirement savings!