In an underutilized strategy, parents and grandparents can help minors save for retirement, or college, for that matter.
Entries filed under 'Retirement Planning'
The so-called IRD deduction could soften the impact of estate taxes on inherited retirement assets. Here’s how it works.
The absence of inflation in the economy precludes the IRS from raising income eligibility and contribution limits on retirement savings plans.
Make sure you are clear about what you’re leaving to whom and that your beneficiaries understand their inheritance options.
SIMPLE IRAs are flexible, cost-effective, and low-maintenance, making them great starter plans or 401(k) alternatives for small employers. The deadline for implementing 2015 accounts is approaching.
After spending most of your adult life saving for retirement, the last thing you want to do is make a mistake that will jeopardize your carefully constructed nest egg. Just remember three key ages.
These savings vehicles cost employers nothing and give employees full control over their investments as they build their nest eggs. Everybody wins.
Wealthy taxpayers can take steps now to manage the effects of the NIIT and potentially avoid an unexpectedly large 2014 tax bill.