Consider the choice, flexibility, and costs of SIMPLE IRAs, SEP IRAs, and 401(k)s.
Entries by Brian Dobbis
Sole proprietors and small-business owners who have an extension of their tax-filing deadline can fund such plans as late as October 16.
In order to meet important IRS guidelines, don’t forget that the deadline for new Safe Harbor plans is October 1.
As the deadline approaches for small businesses to establish SIMPLE IRAs in 2017, here are answers to frequently asked questions.
Remember that this popular retirement-savings plan features low cost, flexibility, and minimal administrative requirements.
Economics trumped the original intent of helping low- to middle-income savers. So, now, a Roth IRA is the only rollover option.
So be sure to revisit ways to mitigate the impact of that 3.8% levy on investment income.
Any freelancer will tell you nothing concentrates the mind like living on the edge. But many remain ill prepared for retirement.
If you want to control payouts to your heirs and avoid the time expense of setting up a trust, consider this simpler option.