I Would Unenroll from the 2021 Child Tax Credit Payment
We – the financial planners on the Retirement Readiness team – will (or would) unenroll from receiving the Child Tax Credit starting in July. We recommend that you unenroll as well.
The IRS updates retirement plan contribution limits for defined contribution plans such as the PCA Retirement Plan each year. The limits for 2021 are as follows: Elective Deferral Limit (salary reduction contribution): $19,500 (unchanged from 2020). Internal Revenue...