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You Received Unemployment Benefits in 2021. What Does That Mean for Your Taxes?
Submitted by 360Blue Financial Strategies on March 2nd, 2022_0.png)
Losing a job is tough, especially when it's by no fault of your own. In the event that you find yourself unexpectedly without a stream of income, you may be eligible to receive unemployment benefits. The application process, criteria and benefit amount will vary state-by-state, but this benefit is designed to help out-of-work individuals cover basic expenses.
2022 Contribution Limits
Submitted by 360Blue Financial Strategies on February 4th, 2022
Preparing for retirement just got a little more financial wiggle room. The Internal Revenue Service (IRS) announced new contribution limits for 2022.
Staying put for 2022 are traditional Individual Retirement Accounts (IRAs), with the limit remaining at $6,000. The catch-up contribution for traditional IRAs remains $1,000 as well.1