IRS increases 401K contributions

IRS increases 401K contributions

There is some good news for your retirement planning. If you have an employer-sponsored 401(k) retirement plan, or any of a number of similar plans, you’ll be able to increase your annual contribution this year by $1000, as part of the federal government’s scheduled...
Choosing the best annuities

Choosing the best annuities

Annuities are often a popular investment vehicle to supplement retirees’ Social Security benefits, guaranteeing a lifetime income stream. Considering that only about 35 percent of retirees have a pension, having an annuity can provide a sense of security and...
4 Strategies to reduce taxes in retirement

4 Strategies to reduce taxes in retirement

So, you’ve done all the right things to prepare for retirement and now it’s time to ensure that the right tax strategies are in place to protect those assets you’ve worked so hard for. While payouts from some retirement accounts, such as traditional IRAs, are taxable,...
Retirement plans for the self-employed

Retirement plans for the self-employed

Retirement planning may be a little different for the self-employed, but it’s just as important, if not more so. 60% of working Americans have access to a 401k plan through their employer.  But if you are among the nearly 10 million self-employed, you are entirely...