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Category Archives: Retirement Planning
Extended Tax Due Date Just Around the Corner Article Highlights: Extended Due Date Funding Retirement Plans K-1 Due Dates Late Filing Penalty Interest on Amount Due If you could not file your 2016 tax return by the normal April due … Continue reading
Article Highlights: Under Age 59.5 Penalty Age 70.5 Mandatory Distribution Age Impact on Social Security Income Required Minimum Distributions Under-Distribution Penalty Penalty Waiver Other Pension Plans We spend most of our lives saving for retirement by putting funds away in … Continue reading
Your will or trust was prepared so that your assets will be distributed according to your wishes after your death. These documents can also reduce estate taxes. However, certain events can cause these documents to become outdated and create family … Continue reading
Article Highlights: Without Congressional action, Social Security will become insolvent in 2033. Benefits could shrink to 77% of the current levels and/or payments could be delayed. Individuals need to take proactive steps to supplement Social Security. This subject comes up … Continue reading