Retirement plans are an important way to help employees build financial security. There is great flexibility for employers in choosing the plan best … Read more about What’s New Taxwise for Retirement Plans in 2025
Multiple Businesses with Common Ownership: Tax Rules You Need to Know
Entrepreneurs may not be content with owning a single business. They may have two or more companies going at the same time. They may own some or all … Read more about Multiple Businesses with Common Ownership: Tax Rules You Need to Know
Key Retirement Plan Changes for 2024
There are several factors contributing to a changing landscape for retirement plans in 2024. SECURE Act 2.0 made a number of changes effective in … Read more about Key Retirement Plan Changes for 2024
Lining Up Your Employee Benefits Programs for 2023
Bank of America’s 2022 Workplace Benefits Report found employers play an important role in their employees’ financial wellness. Employees are stressed … Read more about Lining Up Your Employee Benefits Programs for 2023
Retirement Plans: Voluntary or Mandatory?
As a small business, it is up to you to choose to have a retirement plan or must you do so? The legal answer is that it depends on where you’re … Read more about Retirement Plans: Voluntary or Mandatory?
Making Changes Now to Your 401(k) Plan
One of the most popular types of qualified retirement plans for businesses large and small is the 401(k) plan. It is funded mainly by employees … Read more about Making Changes Now to Your 401(k) Plan
Required Notices for Your Employees
The government mandates that you provide employees with notice about various things. If you don’t, you can be penalized. Some notices can be handled … Read more about Required Notices for Your Employees
New Retirement Plan and Benefit Limits for 2019
Want to create a multi-million dollar nest egg … in addition to the value of your business? This is possible by making sure you’re covered by a … Read more about New Retirement Plan and Benefit Limits for 2019
3 Big Reasons to Rethink Retirement Plans
Qualified retirement plans aren’t just for large corporations. There are a number of compelling reasons for small businesses to consider adopting a … Read more about 3 Big Reasons to Rethink Retirement Plans
Getting Ready for Your 2018 Retirement Plan: Changes Ahead
Whether you already have a qualified retirement plan in place or are thinking of starting one for 2018, now is a good time to familiarize yourself … Read more about Getting Ready for Your 2018 Retirement Plan: Changes Ahead
No-Cost and Low-Cost Retirement Plans for Small Businesses
About half of all employees in the U.S. are not confident in having enough resources in retirement, according to a survey last year. Yet millions of … Read more about No-Cost and Low-Cost Retirement Plans for Small Businesses
What to Do Now About Your 401k Plan
Many small businesses have 401(k) plans in place to help employees save for retirement. And even solo entrepreneurs may use such tax-advantaged … Read more about What to Do Now About Your 401k Plan
Customize Your Tax Strategies
Tax experts, including myself, often write in generalities about tax actions that small business owners should take. The general advice may be fine … Read more about Customize Your Tax Strategies
Impact of New Fiduciary Rule on Your Retirement Plan
On April 8, 2016, the Department of Labor (DOL) issued the long-awaited final rule for stockbrokers. The rule — referred to as the fiduciary rule — … Read more about Impact of New Fiduciary Rule on Your Retirement Plan
SEPs: IRA-Based Retirement Plans that Aren’t IRAs
As qualified retirement plans go, a SEP, which stands for Simplified Employee Pension, has a lot going for it. You can save substantial sums and take … Read more about SEPs: IRA-Based Retirement Plans that Aren’t IRAs
