Escient Financial

Blog tagged as 401(k)

8 Step Summer Financial Checkup 
If you find yourself with a bit of extra time on your hands in the upcoming months, you may want to use this time to check in with your family’s finances.
Employer Retirement Plan Rollover: Does It Make Sense For You?
When deciding whether to rollover an employer retirement plan there are many factors to consider.
The Pros and Cons of Early Retirement Plan Rollovers
Did you know you may be able to take your 401(k), 403(b), or 457 plan and roll it into another type of retirement account while you are still working? Let’s look at how these rollovers can happen and the pros and cons of making them.
2022 Contribution Limits
Preparing for retirement got a little more room as the IRS announced new contribution limits for 2022. Here's a look at the new limits.
Tax Planning in Turbulent Times
Whether you’re saving, investing, spending, bequeathing, or receiving wealth, there’s scarcely a move you can make without considering how taxes might influence the outcome. But how do we plan when we cannot know?
Are You Eligible for Catch-Up Contributions?
Catch-up contributions can be a great way to make up for lost time when it comes to retirement savings. Are you eligible?
Do You Know Who You're Leaving Your Money To?
Sending your kid off to college comes with a hefty pricetag. As you begin the college planning process, keep these 5 common mistakes in mind.
As of Now, Social Security Benefits Will Be Cut By 2034. Here Are 5 Ways to Help Fill the Gap
If a reduction in Social Security benefits has you worried, strategizing multiple sources of income and planning ahead is key. Here are 5 ways to help fill the gap.
Tax Planning in Turbulent Times Part 3: Tax-Wise Financial Planning
Tax planning isn’t just for your investments. Life happens. Often, we cannot predict its next moves, but it's possible to weave each event into the tax-planning fabric of your financial life.
Tax Planning in Turbulent Times Part 1: The Tools of the Tax-Planning Trade
The particulars may evolve, but it seems there are always an array of tax breaks to encourage us to save toward our major life goals—such as retirement, healthcare, education, emergency spending, charitable giving, and wealth transfer.

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