Category

Tax planning

Business ownersRetirement PlanningSecure ActSolo 401(k)Tax planningUpdated for 2021

Small Business Retirement Plans with Tax Benefits for Solos, Part-timers, or Companies with Employees

Updated for 2021. Self-employed business owners and entrepreneurs working for themselves part-time have a lot of flexibility when it comes to saving for retirement and managing their taxes. Though self-employed retirement plans are quite easy to set up and fund, there are some deadlines to be aware of. Particularly for…
Kristin McKenna
October 15, 2019
InfographicsRetirement PlanningTax planningTraditional IRAUpdated for 2021Updated for 2022

Non-Deductible IRA Contributions Aren’t Worth It – Here’s Why

5 reasons you shouldn't make nondeductible contributions to an IRA Are non-deductible IRA contributions worth it? Most high-income individuals are unable to make tax-deductible contributions to a traditional IRA due to IRS limits, yet their earnings level may allow the capacity to save more after maxing out a 401(k). Although any…
Kristin McKenna
July 23, 2019