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  3. October 2020

October 2020

2021 Limits for IRAs, 401(k)s and More

Submitted by Kaizen Financial Advisors, LLC on October 30th, 2020
 
 

On October 26, the Treasury Department released the 2021 adjusted figures for retirement account savings. Although these adjustments won’t bring any major changes, there are some minor elements to note.

 

Tags:
  • Financial Tips
  • Retirement Planning
  • Tax Planning
  • Read more

The Social Security Administration Announces 2021 COLA

Submitted by Kaizen Financial Advisors, LLC on October 23rd, 2020

 

Tags:
  • Retirement Planning
  • Social Security
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Preparing in Advance

Submitted by Kaizen Financial Advisors, LLC on October 16th, 2020

 

The differences in tax policy between Presidential candidates Donald Trump and Joe Biden are pretty significant.  Current polls show the Democratic candidate with a substantial lead, which suggests we should prepare for the possibility of a different tax regime in 2021.  But what, specifically, should we evaluate as the elections approach?

 

Tags:
  • Financial Tips
  • Tax Planning
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Quarterly Economic Update for Q3, 2020

Submitted by Kaizen Financial Advisors, LLC on October 9th, 2020

 

Q3 QUARTERLY RECAP

  • Stocks post further 2020 gains in Q3, despite a modest pull back in September
  • Economy claws back adding 1.3m jobs in Aug and single digit unemployment rate
  • Federal Reserve announces a shift in approach to inflation while keeping rates at historic lows

 

Tags:
  • Market Analysis
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Medicare Annual Election Period Approaching

Submitted by Kaizen Financial Advisors, LLC on October 2nd, 2020

 

 

This is a friendly reminder that for those 65 and older and certain younger people with disabilities, the Medicare annual open enrollment period for Medicare Advantage and Medicare Prescription Drug coverage is almost upon us. The enrollment takes place from October 15 to December 7.

 

Tags:
  • Medicare
  • Retirement Planning
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