Congress Changes Retirement Plan Withdrawal Rules
The end of 2022 and the beginning of 2023 represents a number of changes related to personal finances. Amongst these changes are a change to the age at which Required Minimum Distributions (RMDs) and an increase to annual 401(k) contributions.
The end of 2022 also drew an end to a tough year for investors. 2022 as a whole was not ideal for investors but December posted returns that were more mixed. To get a more in depth look at these topics, click here to view our January 2023 newsletter.