Retirement Planning – Fiducial Blog

How Can the Saver's Credit Help You Save for Retirement?

February 1, 2021

Low- and moderate-income workers can take steps to save for retirement and earn a special tax credit. This credit is called the saver's credit.

Don't Miss Out on the Opportunity for a Spousal IRA

January 1, 2021

One frequently overlooked tax benefit is the spousal IRA. They allow a non-working or low-earning spouse to contribute to his/her own IRA, or spousal IRA.

Traditional or Roth IRA? Which Plan Will Be Best for You?

December 24, 2020

The tax code offers two IRA types. Fiducial has a primer on both kinds of IRAs. Learn their pros and cons, and how to choose the one that’s right for you.

Preparing for 2021: Tax Planning Strategies for Small Business Owners

December 4, 2020

If you are a small business owner, every penny counts. So, you not only want to optimize your revenue but also minimize your expenses and your tax liability

2021 Dollar Limits and Thresholds for 401(k) Plans and Similar Plans

November 20, 2020

The IRS recently announced the 2021 dollar limits and thresholds for retirement plans. Fiducial has some of the relevant amounts for 401(k) plans.

Traditional IRA and RMD Opportunities to Explore for 2020

September 25, 2020

Many people have taken financial hits this year. However, 2020 does provide some unique tax opportunities for those with traditional IRA accounts.

Health Savings Accounts (HSAs): What You Need to Know

September 23, 2020

HSAs are misunderstood and underused. Congress created them so those with HDHPs could save for medical expenses not covered by insurance.

Qualified retirement plan rules affect COVID-19-related layoffs and rehires

September 11, 2020

Have you laid off employees because of COVID-19? Plan to rehire some of them before 2020 ends? If so, and you offer a qualified retirement plan, listen up!