The Retirement Workshop Insights

The IRS updated the contribution limits for 401(k) plans in 2020, increasing the employee contribution from $19,000 to $19,500. In addition, the catch-up contribution rose to $6,500.

Should you consider taking Social Security early to cover financial hardships caused by COVID-19? Make these crucial considerations first.

From record low gas prices to more expensive groceries, COVID-19 has changed the modern consumer experience. As life returns to normal, here are 4 markets where we'll see price changes.

People are taking time during the COVID-19 crisis to update their finances and important life documents. Here are four estate plan details you should focus on in light of the current pandemic.

16.1% of employers have cut matching 401(k) contributions in light of COVID-19. If this happened to you, or you're worried it could, here are the next steps you should be taking right away to still save for retirement.

Will colleges be open for in-person instruction in the fall? This is a question many incoming students are currently facing.

Millions of Americans are jobless as a result of COVID-19. If you're considering using your unemployment benefits to fund a new business, get your questions answered here first.

Typically, a pension will offer several different pension payout options, and possibly a single lump-sum payout option or leveling options. This is as opposed to an annuity, or stream of cash in retirement.

If the Coronavirus has had a negative impact on your finances, we're discussing three steps to take right now.

The CARES Act has allowed retirees to forego taking their RMDs for the rest of 2020. Learn why this could be a money-saving move and what else you need to know with this quick guide.

You've heard of the SECURE Act - but do you know how it could be affecting your own retirement? We're discussing two big changes and what you need to know now.

Wondering how your favorite shops and restaurants are going to fare in the pandemic? Here are 7 ways you can support them in the coming weeks.

For a limited time, Americans have the option to withdraw up to $100,000 from their 401(k) or IRA. Considering taking advantage of this change? We'll go over what you need to know before deciding.

The CARES Act will grant small businesses access to $350 billion in forgivable loans. Learn if your business is eligible and how you can receive financial assistance during this time.

With the passing of the CARES Act, many Americans will be receiving stimulus checks soon. Discover if you're eligible and get your biggest questions answered in this in-depth guide.

If you're tired of watching Netflix and just don't know what to do with all this free time, consider picking up any of these 5 hobbies.

While concerns related to COVID-19 continue to increase, the average mortgage rate has fallen to an all time low, prompting a wave of refinancing activity.

Battling a global pandemic means confronting factors outside of our control — but there are still certain ways you can protect and manage your money during COVID-19.

If you or someone you know lost your job amidst the pandemic, don't worry. Here are 5 industries that are hiring right now.

In 2019, the average monthly social security benefit for retired workers was $1,471. However, your initial monthly benefit could be much greater or much less than that amount, depending on your age and income.