Tag Archives: Retirement Plans

TMTW# 279- Inheriting an IRA: Failing to Take Required Distributions

Tax and Money Tip this Week: Inheriting an IRA:Failing to Take Required Distributions April 6, 2016 | No. 279 Owners of traditional IRAs must start taking required minimum distributions when they turn 70 1/2. Nonspouse beneficiaries of any age who want … Continue reading

Posted in Tax and Money Tip of the Week | Tagged , , , , | Leave a comment

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  

Posted in Tax and Money Tip of the Week | Tagged , , | Leave a comment

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

Posted in Tax and Money Tip of the Week | Tagged , , , | Leave a comment

Pros and Cons of ‘Buying a Pension’ #212

  Tax and Money Tip of the Week: Pros and Cons of ‘Buying a Pension’ December 17, 2014 | No. 212 A great article on buying a pension from the Wall Street Journal  Wall Street Journal: Pros and Cons of … Continue reading

Posted in Tax and Money Tip of the Week | Tagged , | Leave a comment

TMTW #175 – What You Need to Know about myRAs

Tax and Money Tip of the Week: What You Need to Know about myRAs February 19th, 2014 | No. 175 What You Need to Know about myRAs Questions or Comments? You can add comments on the blog, call 919-847-2981, or visit our web … Continue reading

Posted in Tax and Money Tip of the Week | Tagged , , , , | Leave a comment

TMTW # 81 – Big Potential Tax Increase/Hit to Retirement Plans

Tax and Money Tip of the Week Big Potential Tax Increase/Hit to Retirement Plans February 15, 2012 | No. 81 Congress Considering Major Change for IRAs   In the latest transportation funding bill, Congress is considering eliminating Stretch IRAs for people … Continue reading

Posted in Tax and Money Tip of the Week | Tagged , , , , | Leave a comment

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!

Continue reading

Posted in Tax and Money Tip of the Week | Tagged , , , , , , , | Leave a comment

SEP IRAs – One alternative to building a bigger retirement nest egg.

A simplified employee pension (SEP) is a written plan that allows the self-employed and employees to make retirement contributions to individual retirement arrangements (called SEP-IRAs). SEP-IRAs are attractive to self-employed individuals because this plan allows you to make contributions toward your own retirement and your employee’s retirement without getting involved in a more complex qualified plan (which require annual tax return filings).

Continue reading

Posted in Tax and Money Tip of the Week | Tagged , , , , , , | Leave a comment