Retirement Planning – Page 3

Having a Low-Income Year? Take Tax Advantage of It

September 14, 2022

2022 not producing a lot of income? Will your income be substantially lower this year? You might be able to take advantage of tax-planning opportunities.

Arbitration Provision for an ERISA-Compliant Retirement Plan

August 17, 2022

Does arbitration make you think of a business dispute or divorce? Retirement plans that must comply with ERISA could also have an arbitration provision.

What Every Employee Needs to Know About 401(k) Savings

July 27, 2022

Are you familiar with 401(k) retirement funds? Have you established a 401(k) savings? Do you have the option? Are you currently taking advantage of it?

The Reverse Mortgage: A Cash Flow Solution for Seniors

April 29, 2022

Some retirees have a significant amount of debt and inadequate income. One solution for those with equity in their primary home is a reverse mortgage.

Thinking about participating in your employer’s 401(k) plan? Here’s how it works

April 20, 2022

If you’re fortunate to have an employer offering a 401(k) plan, you may wonder if you should participate. Here are the basic features of these plans.

How Can a Nonworking Spouse Qualify for a Spousal IRA?

March 23, 2022

Generally, only taxpayers who have compensation may make contributions to IRAs.The spousal IRA is the exception to this rule.

Numerous Tax Limits Affecting Businesses Have Increased for 2022

February 7, 2022

Many tax limits that affect businesses are annually indexed for inflation. Fiducial has a rundown of those that may be important to you and your business.

Complications to the Qualified Charitable Distribution (QCD) Provision

February 2, 2022

The tax code includes a provision called a Qualified Charitable Distribution (QCD). This allows retirees to make contributions for significant tax benefits.