Tax reform offers new opportunities – and risks – for employer-sponsored health plans
Elimination of the Cadillac tax and the employer mandate could be on the table, but so too could be the tax exclusion on employer-based health plans.
Tax
Benefits Think Preparing for Form 5500 deadlines
ERISA reporting must be filed by July 31 or an extension must be filed on the same date by employers to avoid penalties.
Carrie Byrnes
Michael Best & Friedrich LLP
Benefits Think Preparing for Form 5500 deadlines
ERISA reporting must be filed by July 31 or an extension must be filed on the same date by employers to avoid penalties.
Carrie Byrnes
Michael Best & Friedrich LLP
How workers can offset taxes when converting to a Roth IRA
Retirement investors can use their loss carryforward to write off the taxes triggered by a Roth IRA conversion.
GOP drops tax cuts for big earners in revised health bill, sources say
Republican leaders are now planning to retain Obamacare’s 3.8% tax on net investment income for people who earn more than $200,000 and couples with incomes over $250,000.
These funds can help boomers avoid 50% tax penalty
A new line of mutual funds can help retirees manage their RMDs – which many fail to take – and avoid the hefty penalty.
These funds can help boomers avoid 50% tax penalty
A new line of mutual funds can help retirees manage their RMDs – which many fail to take – and avoid the hefty penalty.
Pinching pennies on Social Security? Maybe not
Retirees saw a small increase in expendable income once they started collecting Social Security, according to a new study.
Broader diversification is possible for retirees
investors can use safe withdrawal rates and maintain a diversified portfolio with more asset classes.
How will tax reform impact workplace retirement plans?
Industry insiders warn that proposals could undermine incentives for employees to save for their futures.
Any benefit to delaying retirement past age 70?
Delayed retirement credits only accrue to age 70, but there still may be tax issues to consider.
Payroll problems afflict 82M American workers
More than half the U.S. workforce has experienced a problem with their paycheck during their career, according to new estimates.
IRA options for the self-employed
Here’s how to decide whether your client should select the traditional or Roth IRA to put away for retirement and boost their savings.
Help retired workers cut their taxes
Medicare costs count as a deductible medical expense, but only if they exceed 7.5% of adjusted gross income.
1-in-4 workers have saved less than $1,000 for retirement
Almost 50% of the workers polled by EBRI claimed to have less than $25,000 in their retirement accounts.
Will employees pay taxes on Social Security?
Until the early 1980s, Social Security wasn't taxed. But in some situations today, clients may be in for a surprise.
Will clients pay taxes on Social Security?
Until the early 1980s, Social Security wasn't taxed. But in some situations today, clients may be in for a surprise.
Why did some 401(k)s earn 4% last year when the S&P was up 10%?
Despite a stock market rally, it is possible that American's 401(k) returns will remain low.
Last-minute IRA tips before filing taxes
Here’s one reason why clients should consider maxing out their contributions ahead of claiming deductions this year.
Last-minute IRA tips before filing taxes
Here’s one reason why clients should consider maxing out their contributions ahead of claiming deductions this year.
