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Here’s what you can do now #englishheadline #Heres

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529 savings plan, getting insurance or drafting your will — just get started, he said.

“If you want to procrastinate, procrastinate when the meeting is going to be,” Henske advised. “Don’t procrastinate scheduling the meeting.”

retirement plans, such as a 401(k), is $19,500 this year, or $26,000 if you are age 50 or over.

If you can, try to max out your contributions. If you can’t, at least try to contribute enough to get the full company match.

“That’s free money,” Sun said. “Don’t leave it on the table.”

Then, if you have already maxed out your 401(k) or don’t have one, do the same with your individual retirement account or Roth IRA. The maximum contribution this year is $6,000, or $7,000 if you are age 50 or older.

Even though you have until April 15 to max your retirement savings account out for 2021, doing it now will enable you to start saving for 2022 in January, Sun pointed out.

finding a new job. January and February are the best times of year to job-hunt because that is when companies’ new hiring budgets tend to go into effect.

FSA funds into 2022, your company has to opt in. Some employers also give a grace period of a few months into the next year or permit you to carry over $550. If you still have money in the account, check with your employer to make sure you don’t lose it.



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