Category Archives: IRA

Four tips for building an emergency fund

Planning for emergencies is like buying insurance: you pay into an account and hope you’ll never have to use it. But life happens. Cars break down. Roofs leak. Kids get injured. Having money in the bank to cover those unexpected … Continue reading

Posted in Adjusting, Business, business help, Business Owner, invest, Investing, investment, IRA, real estate, record keeping, save money, save on taxes, saving for retirement, saving money, Tax, tax bill, tax exempt, Tax Fraud, tax planning, Tax Return, taxes, Uncategorized | Tagged , , | Leave a comment

New job? Four choices for your existing 401(k)

Changing jobs and companies can be an exciting opportunity, but you have a choice to make. What will you do with the retirement savings you have accrued in your 401(k)? Consider these four choices: Withdraw the money and don’t reinvest … Continue reading

Posted in 401 k, Employee Benefits, employees, Estate, Filing Taxes, Financial Planning, invest, Investing, investment, IRA, IRS Articles, Tax, tax bill, tax planning, Tax Return, taxes, Uncategorized | Tagged , , , | Leave a comment

How much do you need to retire?

Most Americans simply don’t save enough for retirement. Nearly half (45 percent) of working-age households don’t have any retirement assets, according to the National Institute on Retirement Security. Of those working-age households close to retirement (age 55 and older) nearly … Continue reading

Posted in 401 k, Financial Planning, health insurance, invest, Investing, investment, IRA, save on taxes, saving for retirement, tax planning, Uncategorized | Tagged , , | Leave a comment

Single people need financial planning too

Whether you are a lifelong single person or you found yourself single through divorce or the death of your spouse, you have your own financial considerations and complications. Unfortunately, many single people overlook financial planning. Don’t make this costly mistake. … Continue reading

Posted in Affordable Care Act, Business Owner, Children, Employee Benefits, employees, Estate, Financial Planning, Investing, investment, IRA, retirement, save on taxes, saving for retirement, stock, Tax, tax advice, Uncategorized | Tagged , , , | Leave a comment

Don’t make an expensive mistake with your IRA

Simple mistakes on your IRA can cost you dearly. Perhaps you accidentally doubled up on your IRA contribution for 2016. Did you forget to take your required minimum distribution and then notice the oversight when you were gathering the information … Continue reading

Posted in Filing Taxes, IRA, retirement, save on taxes, saving for retirement, Tax, tax advice, Tax Fraud, Tax Return, taxes, Uncategorized | Tagged , , , , , , , | Leave a comment

New relief for 60-day rollover errors

One of the pitfalls of receiving a distribution from your IRA with the intention of “rolling it over,” or depositing it into another IRA or retirement plan, is the 60-day rule. Under the rule, you’re required to complete the rollover … Continue reading

Posted in IRA, IRS Articles, retirement, saving for retirement, Uncategorized | Tagged , , , , | Leave a comment