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Archive for October, 2017

2018 Retirement Plan Limits

October 22nd, 2017 at 01:37 am

The maximum contribution limit for 401k's will increase to $18,500 in 2018. The IRA limit is unchanged. I am happy that we will get an increase.

In other news, I read in the NYT & other sources that Republicans are looking at limiting the 401k contribution to $2,400 in future years in order to finance their tax cut plan. This is insanity. The last thing we need along with the tax increase on the middle class and cuts to Medicare & Medicaid, is for them to limit what Americans save for retirement. I hope that all proposing this are voted out during the midterm elections next year.

Cruisin' to the Keys thanks to Nate

October 14th, 2017 at 01:16 pm

Last week I went on a 4 day cruise. It was planned to port in Cozumel, but due to hurricane Nate we ended up detouring to Key West. This was awesome for several reasons:

1) I had never been to the Keys.

2) I had been to Cozumel 3 times prior.

3) We were given a 50% refund for the itinerary change.

4) We were given a 50% credit towards a future cruise for the itinerary change.

What wasn't awesome was the sea sickness I experienced on our first sea morning, but once we were out of rougher water I was fine. I really enjoyed Key West - which looks pretty darn good considering the short time since Irma - and I hope to return another time.