Posted by Richard on December 16, 2015
The IRS has released the cost-of-living adjustments (COLA) affecting dollar limitations for Individual Retirement Accounts (IRAs), defined contribution and other retirement-related items for tax year 2016. In general, most limits will remain unchanged for 2016 because the increase in the cost-of-living index did not meet the threshold that would trigger their adjustment. The table below […]
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Posted by Richard on December 15, 2015
Even though April 15 now seems a distant deadline for filing your 2015 tax returns, in order to take advantage of some of the biggest tax reduction strategies, you have to act before the end of this year. Without further ado, here are three “go-to” maneuvers that you may want to execute by December 31. […]
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Posted by Richard on
The Federal Reserve’s actions can have a marked influence on the economy and financial markets. For instance, some market analysts believe that the Fed’s massive, multi-year bond-buying program coupled with a record-setting period of near-zero interest rates fueled the six-year bull market for stocks. Now investors are awaiting news of when — and by how […]
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Posted by Richard on
While worker confidence about having enough money to live comfortably in retirement has been on the rise in recent years, that confidence is based largely on access to and participation in a workplace retirement plan. According to the latest annual Retirement Confidence Survey conducted by the Employee Benefit Research Institute (EBRI), among workers who participate […]
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