Year-end FINANCIAL TIPS for 2012

We’ll be ringing in a new year in just a few months. Before that happens, take a little time to review your financial situation. Following is alist of items  that may deserve your attention.   INVESTMENTS   Review the year’s investment transactions in your taxable accounts to see wher

Saving for Retirement When You’re Self-employed

You’re in good company if retirement security is one of your main financial concerns. A difficult economy, market volatility, and less access to traditional pensions have heightened awareness of the need for retirement planning. As a self-employed individual, you really have to

IRS To Focus on Safe Harbor 401(k) Plans

Employers: If you’ve elected to operate your 401(k) plan under the tax law’s safe harbor rules, you’ll be interested to know the IRS has a new audit initiative focused on plans like yours. The project stems from a 2010 compliance check that led the IRS to believe many employers may no

A Look at Spending Patterns in Retirement

Preparing to take the retirement plunge in the not-too-distant future? If you are, then you’ll want to have a good handle on whether your savings and other sources of income will be adequate to support the lifestyle you envision. Anticipating what your post-retirement expenses will be

Avoid These Traps When Moving IRA and Retirement Plan Assets

It pays to be careful when moving money from one traditional individual retirement account (IRA) to another or from an employer’s retirement plan to an IRA. Unless you follow certain guidelines, you may find yourself paying taxes on what could have been a tax-free transaction. 60-day