Tax breaks for employers can help ease student debt.
The CARES Act, Section 2206 offers an opportunity that benefits both employees and employers. Until the end of this year, employers can pay up to $5,250 toward an employee’s student loans tax-free.
I recently received an e-mail from a client who found a new focus and clarity during his time of transition.
Will funds be there when you need them?
Today we are highlighting four timely topics related to 529 plans and the economic environment: time horizon, left-over 529 funds, tax considerations for college refunds and qualified apprenticeship training programs
Coronavirus Aid, Relief and Economic Security Act (CARES Act)
The Coronavirus Aid, Relief and Economic Security Act (CARES Act) that was passed March 27th, 2020 includes temporary, but meaningful, changes to laws relating to income planning for 2020.
As we have been advised to exercise our business continuity plan and work remotely, I am surprised by the ease and efficiencies we have uncovered while working together “apart.”
Before anyone makes sudden shifts in their asset allocation strategies based on recent market actions, we believe it is important to keep the following points in mind...
The SECURE Act of 2019 Brings Significant Changes to Retirement and Financial Planning.
President Trump signed The Setting Every Community Up For Retirement Enhancement Act of 2019 (The SECURE Act) into law on December 20th, 2019. The thirty-one sections of legislation came at long last through bipartisan efforts throughout 2019, and they include some key changes to decisions, rules, and elections relating to how pre-tax accounts play into retirement income and other financial planning.
Turning your interest into a sustaining hobby is the first step to enjoying those golden years in retirement.
Personal thoughts on the way home from work.
With the recent blast of frigid air and Thanksgiving around the corner, I would like to share a very personal experience that I’m sure has happened to you also.
Cash Balance Pension Plans: A step up from 401(k)
Cash balance pension plans have seen a rebound in popularity as small businesses and professional groups seek a balance between sometimes competing desires to attract new employees, supplement benefits for senior executives and owners, and minimize tax and benefit expenses. Most often used as a complement to defined contribution arrangements such as 401k and profit sharing plans, properly designed cash balance plans provide a greater degree of flexibility and potentially much greater tax benefits. From both a short- and long-term standpoint, it may be an option worth exploring.