9 articles on "contributions"

Which IRA Is Best For You?

Which IRA Is Best For You? by: C.C. Collins An Ira is one of the greatest ways to save on taxes currently and accumulate money for the future. For individuals three types of IRA's will normally come under consideration. The Traditional or...

Business And Finance  business finance contributions otherdrawals roth
Which IRA Is Best For You

An Ira is one of the greatest ways to save on taxes currently and accumulate money for the future.For individuals three types of IRA's will normally come under consideration.The Traditional or Regular IRAThe Education IRAThe Roth IRAEducation IR...

Business And Finance  business finance freedrawals contributions beneficiary under
Rules of Simple IRA Your Business Needs to Know

Rules of Simple IRA Your Business Needs to Know by: Daniel Lamaute A Savings Incentive Match Plan for Employees plan, better known as a SIMPLE plan, is an IRA-based retirement plan available to employers with fewer than 100 employees. Under a S...

Business And Finance  business finance simple plan employees contributions contribute year must
Could a Roth IRA be Better Than a 401(k)?

Could a Roth IRA be Better Than a 401(k)? by: Terry Mitchell Very few people whom I know are familiar with the benefits of the Roth IRA. It was named for the late Senator William Roth of Rhode Island, who proposed it. It is similar to a traditio...

Business And Finance  business finance roth contributions gains retirement
Rules for Simplified Employee Pension Plans better known as a SEP Plans

Rules for Simplified Employee Pension Plans better known as a SEP Plans by: Daniel Lamaute A SEP is a special type of IRA. Under a SEP plan the employer creates an IRA account for each eligible employee, hence the name SEP-IRA. A SEP is funded s...

Business And Finance  business finance employees solo plan employee contributions
SIMPLE Retirement Plans

A relatively new type of retirement plan is now available to businesses with less than 100 employees. The new plan is called “SIMPLE” and it is easy addition to the employee benefits for almost any small business. The Small Business Protection Ac...

Business And Finance  business finance plan employees plans employee simple contributions employer
Could a Roth IRA be Better Than a 401k

Very few people whom I know are familiar with the benefits of the Roth IRA. It was named for the late Senator William Roth of Rhode Island, who proposed it. It is similar to a traditional IRA except contributions are never tax-deductible. Contributio...

Business And Finance  business finance roth contributions gains retirement
Solo 401k Plans Offer Big Tax Deductions Tax-Deferred Investing to the Max

Major changes to the tax laws now allow small business owners to establish 401(k) plans more easily than ever before, and benefit from bigger 401(k) plan deductions than they've ever seen. These 401(k) plans have been dubbed "solo" 401(k) plans ...

Business And Finance  business finance solo plan retirement income contributions contribution
Credit for Qualified Retirement Savings Contribution

Credit for Qualified Retirement Savings ContributionHere we are again its tax time. And with all the turmoil in our country not to mention in our private lives, Uncle Sam expects us to sit up and take notice of the time of year and file our tax retur...

Business And Finance  business finance retirement filing credit contributions time over