What Will the Election Do to the Market?

Will volatility seize Wall Street? Or will calm prevail? Wall Street has had a rather calm summer. How about fall? Will volatility increase before and after Election Day?  So far, the market is performing roughly in line with historical patterns. In 19 of the prior 22 presidential election years, the S&P 500 advanced from June through October. The median gain …

Do Women Face Greater Retirement Challenges Than Men?

If so, how can they plan to meet those challenges? A new study has raised eyebrows about the retirement prospects of women. It comes from the National Institute on Retirement Security, a non-profit, non-partisan research organization based in Washington, D.C. Studying 2012 U.S. Census data, NRIS found that women aged 65 and older had 26% less income than their male …

2016 COLA for Retirement Plans Released

Elective Deferral Limit 402(g)(1) $ 18,000.00 Catch-Up Limits for 401(k) Plans (Age 50+) $ 6,000.00 Defined Contribution Dollar Limit 415(c)(1)(A)* $ 53,000.00 Maximum Compensation Limit 401(a)(17) $ 265,000.00 Highly Compensated Employee Definition 414(q)(1)(B)** $ 120,000.00 2016 Social Security Taxable Wage Base  $ 118,500.00