Monthly Archives December 2019

Matthew McMahon, CFP®, Recognized as Top Business Leader

Matthew McMahon, Certified Financial PlannerTM and owner of Strategic Financial Planning, was recently recognized as a top 20 business leader under 40 in Flagstaff, AZ by the Arizona Daily Sun. In the article, he discusses one of the big reasons why he initially became involved in the business.   Click here to read the full story.
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Categories: News.

The Rules Are Changing For 401(k)s In 2020

The Rules Are Changing For Your 401(k) In 2020 If you’re still working and contributing to a 401(k) or similar workplace retirement plan, there is some good news for the upcoming year. If you’re under age 50, the amount you can contribute to your 401(k), 403(b), most 457 plans and the federal government’s Thrift Savings Plan is now $19,500 for 2020—a $500 increase over 2019. Additionally, for those who are age 50 or over by December 31, 2020, the catch-up amount is now $6,500, up by $500 (and the first increase since 2015). Keep in mind that you can still
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Categories: Retirement and Retirement Planning.