Category: Retirement

The SECURE Act and Other Last-Minute Tax Changes

1/1/2020

Despite all the gridlock in Washington, as well as an impeachment, the SECURE Act has passed. It changes a number of important retirement plan rules. The act runs over 120 pages, so the experts will be poring over it for some time. Meanwhile, a number of sources have weighed in on what they think are the key provisions. (Note that last-minute alterations and more detailed analysis may lead to additional changes in the coming weeks.)

Tax Credit Offsets Retirement Plan Costs

8/28/2019

According to U.S. Department of Labor statistics, well over half of all employees in midsized and large companies can take advantage of an employment-based retirement plan. But with small companies, barely a third of employees are covered. Many small-business owners say a reason for not creating a retirement plan is the cost. However, the federal government is offering a tax break for small companies that meet certain IRS guidelines.

Are Annuities Right for You?

8/15/2018

Annuities are financial products sold by insurance companies that allow you to put aside money, have it increase each year without paying taxes and then trigger a stream of future payments on a timetable you can control. Unlike IRAs, there's no income limit on how much you can place in an annuity.

6 Retirement Mistakes to Avoid

12/6/2017

Sadly, a large percentage of people — most notably, the baby-boom generation (1946-1964) — have made some monumental retirement mistakes. If they had come to us earlier, seeking retirement advice, we could have helped them avoid many classic retirement blunders.
Here are six of them:

Big Changes in Social Security and Retirement Plans for 2018

11/8/2017

From 401(k) plans to individual retirement accounts to Social Security, the federal government has been busy in recent weeks adjusting numbers for 2018. Whether you're an employee or business owner, senior management or nonexempt staff, these changes may affect how you approach retirement in the coming months and years.

The SECURE Act and Other Last-Minute Tax Changes

Tax Credit Offsets Retirement Plan Costs

Are Annuities Right for You?

6 Retirement Mistakes to Avoid

Big Changes in Social Security and Retirement Plans for 2018

Newsletter articles are posted every 2 weeks.

Archives

Categories

The SECURE Act and Other Last-Minute Tax Changes

Tax Credit Offsets Retirement Plan Costs

Are Annuities Right for You?

6 Retirement Mistakes to Avoid

Big Changes in Social Security and Retirement Plans for 2018

Newsletter articles are posted every 2 weeks. ​

Archives

Categories

Newsletter articles are posted every 2 weeks.