Archive for 'August 2017'

    Top 10 Questions about SIMPLE IRAs

    August 24, 2017 3:25 PM by Brian Dobbis

    As the deadline approaches for small businesses to establish SIMPLE IRAs in 2017, here are answers to frequently asked questions.

    THE ROAD TO RETIREMENT with BRIAN DOBBIS 

    SIMPLE IRAs are low-cost, hassle-free retirement plans for small-business owners who have fewer than 100 employees, and who don’t sponsor any other qualified retirement plans. With the 2017 deadline for setting up a SIMPLE plan approaching, I thought I’d share information requested most often by financial advisors.

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    Small Businesses Still Have Time to Establish a SIMPLE IRA

    August 17, 2017 10:04 AM by Brian Dobbis

    Remember that this popular retirement-savings plan features low cost, flexibility, and minimal administrative requirements.

    THE ROAD TO RETIREMENT with BRIAN DOBBIS 

    For many small-business owners, the waning summer season is a reminder that the leisurely days soon will be replaced with the more eventful schedule of fall, including preparing for the deadline of October 1 to establish a SIMPLE IRA plan for 2017. 

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    MyRA Forced into Early Retirement

    August 10, 2017 12:30 PM by Brian Dobbis

    Economics trumped the original intent of helping low- to middle-income savers. So, now, a Roth IRA is the only rollover option.

    THE ROAD TO RETIREMENT with BRIAN DOBBIS 

    On July 28, the U.S. Treasury Department announced plans to end the Obama administration’s myRA program, less than two years after it started, in late 2015.  

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    Obamacare Surtax Is Likely to Survive

    August 4, 2017 11:58 AM by Brian Dobbis

    So be sure to revisit ways to mitigate the impact of that 3.8% levy on investment income.

    THE ROAD TO RETIREMENT with BRIAN DOBBIS 

    In case you missed it, while the Republican-led Senate repeatedly failed its attempts to repeal the Affordable Care Act (ACA), there came news—surprising to some—that the Senate wants to retain the 3.8% net investment income (NII) surtax.

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