Last week the House Ways and Mean Committee released a bill detailing some changes to the tax code. We have been watching these events very closely and wanted to bring you an update. While the law is not in its final form, we wanted to make you aware of some of the...
Many people dream of early retirement. For others, early retirement may be forced upon them due to downsizing by their employer. In either case, the issue of how to fill the health insurance gap between early retirement and their eligibility for Medicare is a key...
The 401(k) plan has grown to become the most popular type of employer-sponsored retirement plan in America. Millions of workers depend on the money they have invested in these plans to provide for their retirement years. An important consideration when you are...
It’s no secret there are changes coming to the tax code. President Biden’s tax plans are still in development, but even if we see nothing out of Washington, most of the lower tax rates set under the Tax Cuts and Job Act of 2017 are set to expire at the end of 2025.
Does your 401(k) offer an after-tax component? If so, you might be eligible to take advantage of the “Mega Back Door Roth IRA strategy.”
President Biden announced The American Rescue Plan of 2021 in January and signed it into law on March 11th in response to those affected by the COVID-19 crisis. This includes support for individuals, small businesses, state and local governments, schools, industries...