Retirement Planning – Fiducial Blog

Higher Income Taxpayers Beware: Tax Increases May Be Coming

October 25, 2021

The House Ways and Means Committee has released a list of proposed tax changes. As you read, notice that the provisions apply to higher income taxpayers.

Double-Check the Rules on Spousal Consent for 401(k) Distributions

October 11, 2021

Some 401(k) plans require spousal consent whenever a participant takes a distribution. Others don’t require spousal consent for distributions or loans.

The Top Five Benefits of 401(k) Profit-Sharing Plans

September 24, 2021

Are you an employer looking for an attractive employee benefit that lets you plan contributions around revenues? Consider a 401(K) profit-sharing plan.

Symbol for decreasing pensions. Dice placed on stacks of coins form the word "PENSION".

Consider a Lift-Out to De-Risk Your Defined Benefit Pension Plan

August 16, 2021

Private sector employers are retreating from the DB pension model. A “lift-out” is common to settle liabilities for vested benefits of active employees.

New Business? It’s a Good Time to Think About Retirement Plans

July 5, 2021

Have you recently launched a business? You may want to think about tax-favored retirement plans for yourself and your employees.

Are SIMPLE and SEP Plans the Right Options for Your Small Business?

May 19, 2021

Are you thinking about setting up a retirement plan for yourself and your employees? Two options to consider are the SEP or the SIMPLE.

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.