It’s not unusual for the IRS to conduct audits of qualified employee benefit plans, including 401(k)s. Plan sponsors are expected to stay in compliance with numerous, frequently changing federal laws […]
If you’re approaching retirement, you may be taking a closer look at your savings and investment accounts. Perhaps you’re pondering the idea of tapping into your home equity — taking […]
Most Americans count on their retirement savings being there when they need them. But bankruptcy or an adverse judgment in a lawsuit could threaten your retirement security. That’s why it’s […]
About 8,000 Americans reach the traditional retirement age of 65 every day, according to AARP. If you’re one of these preretirees, you have a lot of decisions to make about […]
You insure your home, car and health against serious harm and even buy life insurance to cover your family if you die. But what about protecting the income you depend […]
Many retirement plan contribution limits increase slightly in 2015; thus, you may have opportunities to increase your retirement savings: Type of limitation 2014 limit 2015 limit Elective deferrals to 401(k), […]
If you’re self-employed, you may be able to set up a retirement plan that allows you to make much larger contributions than you could make as an employee. For example, […]
Are all your employees eligible to participate in your retirement plan? If some fail to meet your plan’s eligibility requirements, a new account can offer an alternative way to save […]
There is a wide range of plans to help save for retirement. But one type of plan is ideally suited to serve a dual purpose: a Health Savings Account (HSA). […]
If you have a traditional IRA, you might benefit from converting some or all of it to a Roth IRA. A conversion can allow you to turn tax-deferred future growth […]