Not everyone gets excited about annual IRS inflation adjustments, but there are some reasons to be excited for next year’s adjustments especially, as they are the largest in years. While everyone would probably rather both inflation and inflation-adjustments to be much lower, having the opportunity to invest more in your 401(k) or IRA is at least a little bit of a silver lining.
Roth investing finally is in line with bi-weekly payment. (250x26=$6,500)
Thank you, Daniel. I think you’re the only writer that’s ever gotten me to be excited about the changes to the IRS tax rules. Great blog! You’re a talented writer.
Loved reviewing this clear and handy summary in my email this morning. Always enjoy reading FYI by FTE.
Thank you for this! I enjoy your clear and concise writing style.