Tag: 401(k)


Retirement savings opportunity for the self-employed

Did you know that if you’re self-employed you may be able to set up a retirement plan that allows you to contribute much more than you can contribute to an IRA or even an employer-sponsored 401(k)? There’s still time to … Read More »


Accelerate your retirement savings with a cash balance plan

Business owners may not be able to set aside as much as they’d like in tax-advantaged retirement plans. Typically, they’re older and more highly compensated than their employees, but restrictions on contributions to 401(k) and profit-sharing plans can hamper retirement-planning … Read More »

October 10th

Tax Planning. No Comments


Why you should boost your 401(k) contribution rate between now and year end

One important step to both reducing taxes and saving for retirement is to contribute to a tax-advantaged retirement plan. If your employer offers a 401(k) plan, contributing to that is likely your best first step.

If you’re not already contributing the … Read More »


Rev up retirement offerings with an NQDC plan

Many business owners and executives would like to save more money for retirement than they’re allowed to sock away in their 401(k) plan. For 2017, the annual elective deferral contribution limit for a 401(k) is just $18,000, or $24,000 if … Read More »


Are your retirement savings secure from creditors?

A primary goal of estate planning is asset protection. After all, no matter how well your estate plan is designed, it won’t do much good if you wind up with no wealth to share with your family.

If you have significant … Read More »


Enhance benefits’ perceived value with strong communication

Providing a strong package of benefits is a competitive imperative in today’s business world. Like many employers, you’ve probably worked hard to put together a solid menu of offerings to your staff. Unfortunately, many employees don’t perceive the full value … Read More »


Tax-smart options for your old retirement plan when you change jobs

There’s a lot to think about when you change jobs, and it’s easy for a 401(k) or other employer-sponsored retirement plan to get lost in the shuffle. But to keep building tax-deferred savings, it’s important to make an informed decision … Read More »

October 4th

Tax Department, Tax Planning. Comments Off on Tax-smart options for your old retirement plan when you change jobs


Unexpected retirement plan disqualification can trigger serious tax problems

It’s not unusual for the IRS to conduct audits of qualified employee benefit plans, including 401(k)s. Plan sponsors are expected to stay in compliance with numerous, frequently changing federal laws and regulations.

For example, have you identified all employees eligible for … Read More »

April 26th

Tax Department, Tax Planning. Comments Off on Unexpected retirement plan disqualification can trigger serious tax problems


Why it’s a good idea for employers to encourage 401(k) rollovers

Many people collect “orphan” 401(k) plan balances as they move from job to job. Why should employers care? Helping new employees roll over their accounts from former employers can be beneficial for both parties. The same is true of assisting … Read More »

April 20th

Business Briefs. Comments Off on Why it’s a good idea for employers to encourage 401(k) rollovers


Tackle Key Financial Issues as You Face Retirement

The Baby Boomer generation reached its peak in 1957 at an annual birth rate of about 4.3 million people. These Baby Boomers will turn 59 years old in 2016, and they’ll soon be eligible to withdraw funds from their qualified … Read More »

March 14th

Timely Articles. Comments Off on Tackle Key Financial Issues as You Face Retirement

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