Posts Tagged ‘401(k)’
SEP vs 401(k)
We get a lot of questions (especially from self-employed business owners) on how the SEP IRA and the solo 401(k) retirement plans stack up in a head-to-head comparison. What they have in common: Both plans -create tax deductions for the money you invest in the plan, -grow tax-deferred inside the plan, and -suffer taxes only…
Read MoreA Planning Tool for 2016 and beyond
Confused about the tax tools for retirement planning? Here’s some help.
Read MoreYear-End Planning Information for 2014 & 1015
Here’s a complete list of qualified plan limitations, You may want to bookmark this page in your browser for use now and next year.
Read MoreTutorial of Tax-Sheltered Savings Plans for 2014
Some of the most powerful planning tools are the tax-sheltered savings plans available to almost every business. But these tools won’t help you if you don’t know how they work. We’ve published an executive summary for you below. If you’d like to pay less tax and increase your retirement fund, review the chart below. We…
Read MoreGoing for the max! Qualified plan limits for 2014
When a financial move helps you, it’s best to go for the max. Here are the new limits for your 401(k), IRA, Roth-IRA, and several other types of tax-qualified plans for this year. Need some help in deciding on the type of plan? Remember that we’re just a click away when you need help. [popup…
Read MoreWhy your 401(k) is only the beginning!
A 401(k) is just the beginning of the good things that you can do for your employees and for yourself. Take a look at the data below.
Read MorePlanning or Just Playing Scrabble?
Retirement Planning – it’s more than a game of scrabble? Some of the 2013 retirement plan limits have changed. Good planning involves trying to max out these amounts every year. Stop playing a game of scrabble with your retirement and hoping for some lucky tiles to come your way. We can help you determine how much…
Read MoreBreaking tax news for 2013!
IRS just announced the new (and higher) limits on 401(k) plans etc. Here’s a summary for use in 2013 tax planning. The inflation-adjustments for 2013 include: Gift Tax Exemption: $14,000 (up $1,000 from 2012) Contribution Limit for 401(k)/403(b)/457 Plans: $17,500 (up $500 from 2012) Catch-Up Contribution Limit (Age 50+) for 401(k)/403(b)/457 Plans: $5,500 (same as 2012)…
Read MoreNew tax limits for retirement plans
It’s still early in 2012, but for our clients wanting to start their tax planning here are the updated numbers for this year. Retirement Plans Limits Plan Limit Limit with Catchup Simple 11,500 14,000 401(k) 17,000 22,500 Roth 401(k) 17,000 22,500 IRA 5,000 6,000 Roth IRA 5,000 6,000 403(b) 17,000 22,500 Roth 403(b) 17,000 22,500…
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