The 2020 401k Contribution Limit is Going Up as is the HSA Limit
There’s some good news on the 2020 401k contribution limit front! Our favorite tax-advantaged account is getting a boost in 2020. Every year the IRS announces their inflation adjusted figures for a variety of retirement accounts. For 2019, employees are allowed to put in $19,000 into their 401k, 403b and most 457 plans. That’s a well appreciated $500 boost from 2018. Luckily, this year is no different. According to a press release on the IRS website, we’re getting another boost in 2020. The amount you can contribute to your 401k(or like account) goes up from $19,000 to $19,500 in 2020. This boost in the 2020 401k contribution limit is a…
You Might be Paying More Than You Need to for Your Apple Music subscription
I love Apple Music. I’ve had an Apple Music subscription for a while now. Apple has gotten my $9.99 plus tax every month. It’s no wonder their services division has grown so much! It’s a product that allows you to listen to all the music you want for one low price. There are some downsides. I don’t own any of the music and lose access if I don’t subscribe. The UI isn’t amazing and their recommendations sometimes miss the mark. However, access to all that music is well worth the 9.99/month I pay for it. I get a ton of use out of it especially during my commute. The convenience factor…
FIRE – Why I Want to Have The Option to Retire Early
I realized I never talked about FIRE(financial independence/retire early) on this blog. I’ve been talking about goals lately so I figure it’d be good to visit my ultimate goal. I want the option to retire early. The FIRE movement is often painted with a broad brush and seen as a group of people saving money in order to retire as quickly as possible. However, FIRE to me isn’t as simple as having an endpoint and doing whatever possible to get there. It’s simply about having options. That is what makes it so appealing to me. Let’s go back in time to 2008. I was an anxious, skinny graduate looking for…
