A defined benefit plan, more commonly known as a pension plan, provides guaranteed retirement benefits to employees. Defined benefit plans are primarily funded by the employer, with...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 01/26/2023
The SECURE Act, passed in late 2019, changed the rules for saving and withdrawing money from retirement accounts. Also, it was the first major legislative change to tax laws in more...
Posted by Pat Raskob, Emeritus on 12/08/2022
Every time you file your taxes, a trail of paperwork is involved. Once you've settled with the IRS, you might be tempted to throw away all those documents. But the IRS recommends...
Posted by KLSM CPA Firm PLLC on 12/08/2022
Retirement should be about living your best life, and enjoying what you love, whether it is relaxing on the beach or on the golf course. It shouldn't involve worrying about debt,...
Posted by Taxes Made EZ Inc on 11/30/2022
Managing your taxes is as much about planning for next year as it is about completing and filing your taxes this year. Life does not stop. Your income or deductions may change, but...
Posted by KLSM CPA Firm PLLC on 11/17/2022
Not all debts are the same. Although most forms of lending carry risk, certain lending decisions are more likely to send you into a downward debt spiral. We call them debt traps.It's...
Posted by Rosovich & Associates, Inc. on 08/11/2022
Understanding how to plan for retirement doesn't have to be difficult. The various available retirement plans are easier to comprehend than you might think, although each has its...
Posted by KLSM CPA Firm PLLC on 07/31/2022
Vanguard's established exchange-traded funds and mutual funds have been a long mainstay in 401(k) plans, retirement plans, IRAs, and managed portfolios.But longevity isn't...
Posted by Rosovich & Associates, Inc. on 07/18/2022
A well-diversified retirement plan requires more than a variety of investments. Investors should also consider how their savings will be taxed when they retire. Most Americans save...
Posted by Tiffany Gaskin on 07/01/2022
