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  1. Home
  2. Archived Blog
  3. January 2020

January 2020

New I.R.S. Contribution Limits

Submitted by Blue Chip Financial on January 27th, 2020

The I.R.S. just announced the annual contribution limits on IRAs, 401(k)s, and other widely used retirement plan accounts for 2020.

Here’s a quick look at the maximum amounts you can put into retirement accounts this year:

 

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Keeping it in the Family by Protecting Your Estate

Submitted by Blue Chip Financial on January 8th, 2020

An estate takes lifetimes to build but can be lost in the blink of an eye. Most of us don’t imagine assets that took decades to accumulate being drained in a few short years, but in some cases this is exactly what happens. Here are some of the top risks to an estate and some easy ways to manage those risks. It’s important to note that all these risks, and the strategies to deal with them, are best dealt with while the person looking to leave a legacy is still alive and healthy. It’s far more difficult, if not impossible, to protect an estate “after the fact”.

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How to Protect Your Personal Data Online

Submitted by Blue Chip Financial on January 8th, 2020

Data breaches, once a fairly rare occurrence, have become more frequent as hackers become more skilled in their ability to extract personal data from popular social media sites such as Facebook and Twitter.

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