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Hello,

This month, our newsletter explores the following topics:

• Unprecedented IRS increases in 2023 retirement contributions limits
• File early with FAFSA to get college aid
• New way to teach your kids personal finance
• How low will home prices fall?

2022 has been an eventful year. As we look toward 2023, please contact us if
we can help you with your finances.

Sincerely,

David and Jonathan Mosenson
President and Vice President

Unprecedented 401(k) Boost: IRS Increases Amount
You Can Save For Retirement In 2023

The IRS announced a record increase in contribution limits to 401(k) and other
tax-deferred retirement plans for 2023. Starting next year, you will be allowed
to contribute up to $22,500 into your 401(k), 403(b), most 457 plans or the
Thrift Savings Plan for federal employees. Read More >

The FAFSA: File Early To Get Aid For College

Even if you don’t think you’ll qualify, apply for federal student aid via the
FAFSA. You may be surprised. (FAFSA determines eligibility for student aid,
including grants and work-study.) Read More >

The Hot New Way To Teach Your Kids Personal
Finance? Hire Them

With side hustles and small businesses easier to start than ever, many parents
working toward financial independence have discovered a surprising perk to
self-employment: a hands-on lesson in financial empowerment for their
children. Read More >

Home Prices Are Finally Falling. But How Low Will
They Go?

The US housing market is in the midst of a major shift. After two years of
stratospheric price appreciation, home prices have peaked and are on their
way back down. But what homebuyers and homeowners alike want to know is:
How much lower will prices go? Read More >