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2013 Tax Deadline for a Traditional IRA
April 15,2014 is everyone’s 2013 tax deadline for federal income returns, as I’m sure we’re all aware. However, if you’re worried you may not make it by April 15, you can get an automatic extension for six months, pushing your deadline back to October 15. To do this,...
Simplified Employee Pension Plans for Small Business Owners
A few weeks ago, we started looking at Simplified Employee Pension plans, which are alternative retirement savings plans to traditional IRA or 401k accounts. These accounts are typically most beneficial to individuals who are self-employed or who own small businesses....
Tips for Retirement Savings
Last week we started looking into retirement plans such as 401ks and IRAs, and the different strategies that people use to manage their finances as they enter into retirement. Sometimes you don’t have to pay taxes on the money you invest into retirement plans, like...
Retirement Savings IRA
Employee sponsored retirement plans, such as 401(k)s, are popular methods of saving for retirement for many working Americans. 401(k) contributions are made with pre-tax dollars, which means that tax payment on that money is deferred until the funds are removed from...
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