Education
The IRS recently announced the contribution limits for IRAs in 2021 are staying flat at $6,000. Before you can start to understand what that means though you need to make sure you know what an IRA is and the different types. 0:50 - Understanding an IRA? 1:45- Roth vs. Traditional IRAs 2:00- Contribution Limit for 2021 2:23-What does the contribution limit mean 2:49 - Catch up contributions 3:06- How often do limit increases occur 3:33- Who can contribute to an IRA? 5:02-Three quick tips to consider Is there a topic you’re trying to learn more about that you want Casey and Danijel to cover? Send us a message on your favorite social media @SqwireLife. Looking to learn more about the impact customizable financial wellness programs can have on your company? Get in touch with the Sqwire team here.