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Are you making the most of your 401(k) and IRA contributions in 2019?

Are you making the most of your 401(k) and IRA contributions in 2019?

The Internal Revenue Service (IRS) announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2019.

The 401(k) contribution limit increases to $19,000 for 2019 and the IRA limit increases to $6,000.

Learn more about the changes and guidance by reading the IRS’s news release. Contact Vector Wealth Management with questions.

VWM20181110

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Vector Wealth Management is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.