IRA and Retirement Plan Limits for 2012
IRA contribution limitsThe maximum amount you can contribute to a traditional IRA or Roth IRA in 2012 remains at $5,000 (or 100% of your earned [...]
Employee Benefits Overview
Offering Employee BenefitsIn today's competitive job market, an attractive employee benefit package can be a useful tool to help you recruit new employees and retain [...]
Cross-tested (new comparability) retirement plans
A new comparability plan is a qualified profit-sharing plan that can have more substantial contributions for favored employees (usually higher-paid workers and key employees). With [...]
Thinking of borrowing from your 401(k)?
With the current financial situation, you may be tempted to tap your 401(k). But before you decide to take a plan loan, be sure you [...]
The New Estate Tax Rules (2011)
Looking aheadWithout further legislation in the interim, the provisions of the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 are scheduled to [...]
Key Tax & Retirement Numbers (2011)
2011 Key Numbers Individual Income Tax Planning Alternative Minimum Tax (AMT), child tax credit, earned income tax credit, itemized deductions, kiddie tax, personal exemptions, and [...]
Defined Benefit Plans
If you'd like a retirement plan that guarantees a specified benefit level at retirement regardless of investment results, you may want to consider a defined [...]
Health Care Reform: Effect on Businesses (2011)
Health-Care Reform: Tax Issues for BusinessesThe health-care reform legislation that was recently enacted includes new taxes, but there are also some tax breaks available to [...]
The Roth 401(k)
The Roth 401(k) Some employers offer 401(k) plan participants the opportunity to make Roth 401(k) contributions. If you're lucky enough to work for an employer [...]
Family Limited Partnerships & LLCs
Family Limited Partnership (FLP) or Limited Liability Company (FLLC) A properly formed and maintained FLP or FLLC can facilitate the transfer of your business to [...]
Nonqualified Plans
A nonqualified deferred compensation (NQDC) plan is an arrangement between an employer and one or more employees to defer the receipt of currently earned compensation. [...]
Basic Retirement Plan Options
Retirement Plans for Small Businesses If you’re self-employed or own a small business and you haven’t established a retirement savings plan, what are you waiting [...]
Family Business Succession Planning
Transferring Your Family Business Perhaps you have children or other family members who wish to continue the business after your death. Obviously, you'll want to [...]
Business Succession Planning
\The key is to pick the best plan for your circumstances and objectives, and to seek help from financial and legal advisors to carry out [...]