401(k)

tax planning

5 Tax Planning Tips for Retirees

There’s a common misconception that, when you retire, your tax bills shrink, your tax returns become simpler and tax planning is a thing of the past. That may be true…

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new tax law for businesses and employers

New Law Provides a Variety of Tax Breaks to Businesses and Employers

While you were celebrating the holidays, you may not have noticed that Congress passed a law with a grab bag of provisions that provide tax relief to businesses and employers.…

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traditional 401(k) vs. roth 401(k)

Using Your 401(k) Plan to Save This Year and Next

You can reduce taxes and save for retirement by contributing to a tax-advantaged retirement plan. If your employer offers a 401(k) or Roth 401(k) plan, contributing to it is a…

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tax tips on passport and IRS, retirement plans, and gift and estate tax

May/June 2019 Tax Tips

Hang on to your passport A 2015 law allows the U.S. State Department to deny your passport application — or revoke or limit your current passport — if the IRS…

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required minimum distributions RMDs age 70 1/2 business person

Still Working After Age 70½? You May Not Have to Begin 401(k) Withdrawals

If you participate in a qualified retirement plan, such as a 401(k), you must generally begin taking required withdrawals from the plan no later than April 1 of the year…

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estate planning

Getting Your Affairs in Order When You’re Terminally Ill

If you receive the diagnosis of a terminal illness, likely the last thing on your mind is estate planning. But taking the time now to get your affairs in order…

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tax tips

January/February 2019 Tax Tips

Employers can use 401(k) plans to help employees pay student loans In a recent private letter ruling, the IRS approved an employer’s student loan repayment program, under which it made…

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