Tag Archives: 401(k)

TMTW #446 – Get Ready to Launch a Solo 401K Retirement Plan

Tax and Money Tip of the Week: Get Ready to Launch a Solo 401K Retirement Plan August 14, 2019 | No. 446 Click Here to read an article about solo 401K plans. Questions or Comments? You can add comments on the blog, call … Continue reading

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TMTW # 433 – Get ready to launch a solo 401K retirement plan

Tax and Money Tip of the Week: Get ready to launch a solo 401K retirement plan May 8, 2019 | No. 433 Click Here to read an article about solo 401K plans. Questions or Comments? You can add comments on the blog, call … Continue reading

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TMTW #408 How to Save Taxes in Year End 2018

Tax and Money Tip this Week: How to Save Taxes in Year End 2018 November 14, 2018 | No. 408 Click here to read about solo 401(K) retirement plan from ‘Business Management Daily’ Questions or Comments? You can add comments on … Continue reading

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TMTW#352-Keep Working on Your 401k Account

Tax and Money Tip of the Week: Keep Working on Your 401k Account October 4, 2017 | No. 352 Click here to read Keep Working on Your 401k Account from ‘Business Management Daily’ You can add comments on the blog, call 919-847-2981, or visit our web site. … Continue reading

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TMTW #235-The 4% Rule for Retirees

Tax and Money Tip this Week: The 4% Rule for Retirees June 3rd, 2015 | No. 235 A great article on “the 4% rule” from Investor’s Business Daily Click here to read the article Questions or Comments? You can add comments … Continue reading

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TMTW #217-Get Ready to Launch a Solo 401(k) Retirement Plan

Get Ready to Launch a Solo 401(k) Retirement Plan January 21, 2015 | No. 217 A great article on solo 401k plans from Business Management Daily  Get Ready to Launch a Solo 401(k) Retirement Plan  

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TMTW #216- Growing Retirement in 2015

Growing your Retirement in 2015 January 14, 2015 | No. 216 An informative article about your 2015 retirement fund from the New York Times New York Times: Limit(ed) Additions Questions or Comments? You can add comments on the blog, call 919-847-2981, or visit our web … Continue reading

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RMDs – Don’t Forget Your Required Minimum Distributions For 2010 By December 31st!

If you are age 70 1/2, Don’t forget to take out your RMDs for 2010 from your IRAs before 12/31/10!

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401(k) Profit Sharing Plans Provide Great Flexibility

A traditional 401(k) Plan allows an employee to save for retirement through a 401(k) salary reduction plan, have the savings invested, and defer current income taxes on the saved money and earnings until withdrawal. A Profit Sharing Plan is an employer funded, discretionary plan that can provide benefits to owners and their employees based on the company’s profitability. These two plans coupled together, called the “401(k) Profit Sharing Plan”, can be a nice tool to flexibly save for owners’
retirement through the 401(k) portion of the plan and to recruit and retain good employees.

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