Investor News


Jan 17 2024

SEP IRA Contribution Limits for 2024

Self-employed workers and small-business owners who want an easy and inexpensive retirement plan should consider a Simplified Employee Pension IRA, or SEP IRA for short. SEP IRA plans are easier to establish than other retirement ...
Read More

Nov 17 2023

Tips for Seniors to Avoid Financial Scams

Remember, scammers are constantly evolving their tactics, so staying informed and vigilant is crucial to avoiding financial scams while protecting your finances and personal information. 1. Avoid Suspicious Links Don't click on links or open ...
Read More

Aug 18 2023

Required Minimum Distribution (RMD) Rules After SECURE 2.0

Retirement plan accounts (other than Roth accounts, that is) are tax deferred, but not forever. At a certain age, every retirement plan owner or participant must begin to receive annual taxable distributions. The amount of ...
Read More

Aug 4 2023

SECURE 2.0 Offers a Powerful Retirement Income Planning Opportunity

In this article, the authors examine a little-known provision in the recently enacted SECURE 2.0 retirement legislation concerning the required minimum distribution rules and explain how it can help taxpayers. The federal tax regulations implementing ...
Read More

Jul 21 2023

IRS Gives Extra Time to Fix RMDs Made Erroneously Under SECURE 2.0

The Internal Revenue Service and the Department of the Treasury have issued a notice that provides leniency regarding mistaken required minimum distribution payouts from retirement plans under new SECURE 2.0 Act of 2022 rules and ...
Read More

Jul 14 2023

Roth IRAs: What They Are and How They Work

A Roth IRA is a type of individual retirement account that allows workers to save money for retirement using after-tax dollars. This means taxes are paid on the contributions before they are placed in the ...
Read More

May 5 2023

Can a SEP IRA or Solo 401(k) Get Me More Retirement Money?

When you're self-employed, you're in charge of choosing and funding your own retirement plan. In place of an employer-provided retirement plan like a 401(k), you may consider making contributions to a SEP IRA or solo 401(k) plan. But which ...
Read More
young investor, roth IRA

Apr 7 2023

3 Reasons Young Investors Choose the Roth IRA

More young people are beginning to plan for retirement than ever before, starting as early as 18-25 years of age. This allows a much longer time period to prepare and weigh the options versus starting ...
Read More

Mar 10 2023

Tips to Maximize Your Savings Near Retirement

The years preceding and following the moment you retire can dictate not only the quality of your golden years but also the likelihood you'll have enough to last throughout retirement. "As you approach retirement, each ...
Read More

Feb 10 2023

Tax and Retirement Consequences of Biden’s 2023 Budget Proposal

As part of the Biden administration's fiscal year 2023 budget proposal, aka the Green Book, for the Treasury Department, Janet Yellen testified before the Senate Finance Committee and the House Ways and Means Committee in early June ...
Read More