With a new year brings higher contribution limits and income adjustments across a number of advantaged investment accounts, including retirement plans (401ks, etc.), IRAs, HSAs and 529 plans.
Make sure you check to see how you can take advantage of the new updates on these great saving and investing vehicles!
Quick Links
401k and IRA IRS Tax Update: https://www.irs.gov/newsroom/taxpayers-should-review-the-401k-and-ira-limit-increases-for-2023
HSA Contribution Update: https://www.hsabank.com/hsabank/learning-center/irs-contribution-limits-and-guidelines
Wisconsin 529s: http://529.wi.gov/
Eric Kulwicki, CFA®, CFP®, brings 20+ years of experience, currently serving as an independent investment consultant, portfolio manager, and wealth advisor for institutional and retail clients. On KulwickiInsights.com, Eric shares his timely perspectives on financial markets, investment strategies, and other financial topics. He also offers online investment education courses for beginner and intermediate investors, and coaching sessions for DIY investors seeking professional guidance.