Retirement Savings for the Self-employed
November 6, 2017
Did you know that if you’re self-employed you can set up a retirement plan that allows you to contribute more than you can contribute to an IRA or 401(k)?
Did you know that if you’re self-employed you can set up a retirement plan that allows you to contribute more than you can contribute to an IRA or 401(k)?
A cash balance plan offers advantages for business owners — particularly those who are behind on their retirement saving and whose employees are younger.
Because it can be difficult to exceed the medical expense deduction floor, one strategy is to “bunch” deductible medical expenses.
Increasing contributions to your 401(k) sooner rather than later can have a significant impact on the size of your nest egg at retirement.
Key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2017.
If you convert a traditional IRA to a Roth and then discover you would have been better off if you hadn’t converted it, you can undo it.
Deadline for IRA contributions: April 18, 2017. Deductible contributions lower your 2016 tax bill. Even non-deductible contributions are likely a good idea.
How much can I contribute to my retirement plan in 2017?
A modified audit opinion for your institution of higher learning offers the opportunity to improve efforts on operations, financial reporting, compliance.
Whether first time borrowers, withdrawn students or graduating students, follow through on required entrance and exit counseling can be challenging.