This week’s article focuses on the fact that while “everyone’s retirement is different, 2022 is going to have some big differences from 2021 that will affect almost every retiree and retirement saver to some degree”. We’ve provided you with a link to the article so that you can see the specifics on what those differences are, including higher social security payouts, standard deductions for your federal income taxes, Medicare premiums, social security payroll taxes and estate tax exclusions; along with changes to retirement plan distributions and contributions. Call us if these changes require you to rethink your retirement planning. We’re always here to help.
