Category: All Articles
New Retirement Plan/IRA Legislation
Weekly Update – New Retirement Plan/IRA Legislation Earlier this week, the Ways and Means house committee passed the SECURE Act. This provisions of the bill would be the most signficant to retirement plans since the Pension Protection Act of 2006. The Senate is… Continue Reading “New Retirement Plan/IRA Legislation”
Q1 Market Summary
Weekly Update – Q1 Market Summary Equity markets saw their best quarter since the 2008-2009 Great Recession. Here are the returns of several notable asset classes to start 2019: These returns come on the heels a significant pullback in the fourth quarter of 2018 that… Continue Reading “Q1 Market Summary”
Starting a Small Business Retirement Plan
Starting a retirement plan for your business can have positive tax and savings impacts for both employers and employees. Choosing the type of plan that best suits your business will depend on the size of your business, and the amount you would like to… Continue Reading “Starting a Small Business Retirement Plan”
IRA Contributions
Weekly Update – IRA Contributions It’s not too late to make a contribution to an Individual Retirement Account (IRA) for the 2018 tax year as the deadline is April 15th, 2019. An individual can contribute up to $5,500 if under the age of 50, and $6,500… Continue Reading “IRA Contributions”
Tax Refunds Down 17%
Weekly Update – Tax Refunds Decrease The IRS is reporting that the average 2018 tax refund is down 17% from last year in wake of the new tax law. Why are refunds lower, and what can we do to better prepare in 2019? The Why: The… Continue Reading “Tax Refunds Down 17%”