Self-Employment Nest Eggs: Consider a Solo 401(k) Plan By: Mary Eileen Vitale CPA CFP AEP Do you own a successful small business with no employees and want to set up a retirement plan? Or do you want to upgrade from a SIMPLE IRA or Simplified […]
Establish a Tax-Favored Retirement Plan By: Mary Eileen Vitale CPA CFP AEP If your business doesn’t already have a retirement plan, now might be a good time to take the plunge. Current retirement plan rules allow for significant tax-deductible contributions. For example, […]
IRS Announces Increase to 401(k) Plan Limits for 2022 By: David M. Reape The IRS announced on November 4th that employee 401(k) contributions for 2022 will rise to $20,500 from $19,500. Additionally, plan participants who are 50 or older can contribute an extra […]
The key to retirement security is picking the right plan for your business By: David M. Reape If you’re a small business owner or you’re involved in a start-up, you may want to set up a tax-favored retirement plan for yourself and any employees. Several types of […]