Though raising annualcontribution limits on retirement accounts may be a laudable goal, it could also leave you with more decisions to make in the short run.
Despite receiving an annual matching contribution equal to 7.5% of their pay, many teachers are claiming that they were improperly steered into low-yielding annuities, even though the plan offered more appropriate investment choices.
Given this dismal history, the focus of many business owners has turned from growth to simply preservation of cash and liquidity. (Flat is the new up.) Often, they have foregone their annual retirement plan contribution to preserve cash and liquidity.
Last year marked the first annual Saluting Wares Improving Technology's Contribution to Humanity awards, also known by its laboriously contrived simpler name, the Switchies.