Money Talk

MAY 18, 2022

Now that 2021 income tax season has been over for a month and the dust has settled, it is time to start some serious tax planning for 2022. Planning now provides seven months to take action and/or implement changes to avoid a stressful “tax scramble” at the end of the year. assets that are taxed in different ways).

Taxes 262

Taxes 401(k) Deductions Deductible 262

Money Talk

APRIL 11, 2024

The 2023 income tax filing deadline is only days away (April 15, 2024 in most of the U.S.). It will be a busy weekend for many taxpayers and tax preparers who are filing tax returns or tax filing extensions. money that has been taxed) and can be withdrawn at any time for any reason tax-free and penalty-free.

401(k) 179

401(k) Taxes Retirement Plan Pension 179

Employee Benefits

JULY 25, 2023

Transitioning to a superior provider is no longer a hassle: If you’re contemplating changing your current workplace pension scheme, the process isn’t as challenging as you might think. Many pension companies (we’re one of them!) What is a workplace pension? are prepared to assist you with the heavy lifting.

Pension 96

Pension Net Pay Taxes Salary 96

Money Talk

JANUARY 19, 2022

In this post, I continue my discussion of tips from webinars, podcasts, and virtual conferences that I heard during the last quarter of 2021. For example, workers with a guaranteed pension and/or a high investment risk tolerance might want to have more stock exposure in a TDF and would chose a target date farther off in the future.

Flexible Spending Account 242

Flexible Spending Account Taxes Pension Deductions 242

McNees

JANUARY 13, 2023

High Deductible Health Plans can continue to waive the deductible for any telehealth services for plan years beginning before January 1, 2025. The early distribution 10% percent tax will not apply to distributions for participants with a terminal illness. Webinar. The Act, a $1.7 Retirement Benefit Plans.

401(k) 98

401(k) Health and Welfare Employee Benefits Deductions 98

Money Talk

JULY 7, 2021

I recently taught a 90-minute webinar, 25 Financial Planning Strategies for Older Adults , for the New York Public Library. Below is a list of participants’ six most frequently mentioned concerns and suggested action steps from my class: Taxes in Retirement ¨ Hold assets (e.g.,

Deductions 100

Deductions Deductible Taxes Health Insurance 100

Money Talk

JUNE 24, 2021

People with secure jobs or pensions and decreased expenses and spending opportunities saved more and/or reduced debt. Below are eight recommended financial recovery steps that I heard recently at several webinars: Replenish Emergency Savings- Set a final goal (e.g., It was a tsunami that swept up everyone. Some industries (e.g.,

401(k) 100

401(k) Finance Entertainment Pension 100