How much is needed for employees to retire?
One easy measuring stick is the 25-times rule, which says simply that clients are prepared if they've saved at least 25 times their annual spending.
Editorial Staff
Don’t let employees pass up free retirement money from Uncle Sam
Many people who qualify for the Retirement Savings Contribution Credit can save as much as $2,000 on taxes but fail to claim it because they are not aware of it.
6 tax-efficient ways workers can keep more of their retirement savings
A reverse rollover from IRAs to other retirement plans is an option that enables investors to improve their tax efficiency.
6 tax-efficient ways clients can keep more of their retirement savings
A reverse rollover from IRAs to other retirement plans is an option that enables investors to improve their tax efficiency.
Obamacare repeal may birth a new retirement account
The proposed new Roth health savings account is designed to help people cover health insurance premiums and out-of-pocket medical costs.
Obamacare repeal may birth a new retirement account
The proposed new Roth health savings account is designed to help people cover health insurance premiums and out-of-pocket medical costs.
Making Medicare work for employees
Retirees who earned at least 40 work credits are entitled to Medicare Part A and can pay for Part B through their Social Security checks.
Making Medicare work for clients
Retirees who earned at least 40 work credits are entitled to Medicare Part A and can pay for Part B through their Social Security checks.
House votes to scrap rules on state retirement plans
One lawmaker who sponsored the resolutions said the regulations were an “assault on small business retirement plans.”
House votes to scrap rules on state retirement plans
One lawmaker who sponsored the resolutions said the regulations were an “assault on small business retirement plans.”
How workers over 65 should deduct medical expenses
The standard deduction is the best tax strategy for many seniors, but if they had significant health care costs last year, itemizing could save them some money.
How clients over 65 should deduct medical expenses
The standard deduction is the best tax strategy for many seniors, but if they had significant health care costs last year, itemizing could save them some money.
How investors sabotage their portfolios
Retirement savers sometimes make investing decisions that can hurt their portfolios if they are not aware of their tolerance level to risk.
How employees can track down old accounts
Clients who have lost track of old 401(k) accounts may get help from the National Registry of Unclaimed Retirement Benefits, a subsidiary of a firm that processes retirement checks.
How clients can track down old accounts
Clients who have lost track of old 401(k) accounts may get help from the National Registry of Unclaimed Retirement Benefits, a subsidiary of a firm that processes retirement checks.
Charity donations can count toward employees’ IRA withdrawals
From a tax perspective, donating required minimum distributions from a traditional IRA to a qualified charity is a smart move for retirees.
Charity can count toward clients’ IRA withdrawals
From a tax perspective, donating required minimum distributions from a traditional IRA to a qualified charity is a smart move for retirees.
Lawmakers try to stop state-sponsored retirement plans
Small businesses would not be allowed to enroll their employees automatically in state-run plans under legislation introduced in Congress.
4 tips for avoiding capital gains tax
One way for clients to avoid or minimize their capital gains tax is to hold investments in tax-advantaged retirement accounts, such as IRAs and 401(k) plans.
Retiring today is 10 times riskier than it was a decade ago
Investors need to increase their allocation to stocks and other riskier investments to get the portfolio return that they need to secure their retirement.
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