Money Tip of the Month
Good news! Retirement plan contribution limits have been increased for 2019:
- 401(k) or 403(b) increased to $19,000 plus a $6,000 catch-up contribution if you are 50 or older
- Traditional and Roth IRA limit is now $6,000 plus a $1,000 catch-up contribution
- SIMPLE IRA limit increased to $13,000 plus a $3,000 catch-up contribution
- Full details at irs.gov/newsroom/ (click link for full URL)
Veterans Day will be observed on Monday, November 12. Please take a few minutes to pause and reflect on the men and women who served in the United States Armed Forces. Their service and sacrifice enable the freedoms we all enjoy. Thank you to all our clients, friends, and family who proudly wore or continue to wear the uniform.
Check Your Brake Lights! And Tires!
You’ve probably noticed it. I sure have. How many cars do you see every day with one or more brake lights out? Too many! Grab a friend or family member and go check all your lights – brake lights, tail lights, head lights, turn signals. It just takes a minute.
While you are out there, take a look at your tires. Do you know how to tell if your tires need replaced? Feel along the outermost ring of tread. In the valley is a wear strip. If that wear strip is even with the tread, time for new tires. Here is a helpful guide: www.goodyearautoservice.com.
In the month of October alone I purchased a head light, a fog light, and 10 tires! And all our brake lights work…
Holiday Planning / Office Hours
Our office will be closed from Wednesday to Friday the week of Thanksgiving, reopening Monday, 11/26. Leana will be traveling to Florida to visit her new grandson (yes, that’s right). Kary will be traveling to Orlando for yet another soccer tournament.
In December we will be closed from Monday, 12/24 through Tuesday, 1/1. We may open briefly on 12/27 and 12/28 to handle any last-minute issues. As always, we receive emails and voicemails even when we’re not open, so you’ll be able to reach us if necessary.
Feel free to call or email us any time.
The opinions voiced in this material are for general information only and are not intended to provide specific tax advice or recommendations for any individual.