Advertisement | | | Another major retirement change is about to take effect on Jan 1. Later in this email, you will learn what that is and who it will benefit. | | 💵 Today’s Top Stories | | | You’ll be surprised to learn how often switching jobs knocks people off track when it comes to investing for retirement. Here’s what you can do to make sure you don’t victimize yourself. Read more. |
|
| | | If you’re 55+, you can switch to a cheaper provider or price-advantaged plan without sacrificing service. We studied more than 70 plans to identify the best. Read more. |
|
| | | A loyal Clark podcast listener makes sure to report all her spam or scam emails. Is she helping or just spinning her wheels? Read more. |
|
| | | This streaming service offers A&E, History, Lifetime, The Weather Channel, Hallmark and more for as little as $6.99 per month. Read more. |
|
| | 💵 New Rule: Supersized Catch-Up Contributions for Ages 60-63 | It’s almost Thanksgiving, which seems shocking. If it seems like 2024 flew by, there’s some evidence that suggests time speeds up every year that we age. | But the trend of major retirement changes hitting each year is about to continue on Jan. 1, 2025. | One of those changes: individuals ages 60 to 63 will get a chance to make “super catch-up contributions.” | It’s optional for employers to implement the change brought on by SECURE 2.0. But the enhanced contributions for those 60 to 63 is $10,000 or 150% of the standard catch-up contribution, whichever is greater. | In 2025, the new super catch-up contributions are $11,250. The standard 401(k) catch-up contribution for those 50 and older is $7,500. So you can now make major headway toward your retirement if you’re close to 65. | | 📊 Stat of the Day | | | 💰️ Deal Alert: Today’s Top Deals | | | | | 🎙️ Podcast |  | Full Show: Beware TV Drug Ads and Clark’s Advice To Save on Your Mortgage |
|
| Ads for drugs are constantly airing on our TVs. A recent study found a surprising statistic that may make you think twice before bringing it up to your doctor. Also, mortgage rates have been sky high, but they are starting to normalize. However, it still may not be feasible to refinance. Clark revives advice from 10 years ago that can help you save big bucks on your mortgage. | | | ☎️ Need Money Help? | The Team Clark Consumer Action Center is a free helpline that can help you navigate your money questions. Call 636-492-5275. Visit clark.com/cac for more information. | | Advertisement | | | Did You Enjoy Today’s Newsletter?Let us know what you think so we can better serve you! | |
|
| | |
|
