Nov 19, 2013 | 401k, Blog, IRA, News, Retirement Planning, Self-Employed, Tax Planning
Don’t Forget Your Contributions If you turned 50 this year you are entitled to a catch up contribution of $5,500 for your 401(k). It is not too late to catch up for 2013. Also, anyone with compensation can contribute to an IRA. It’s the deductibility of the IRA...
Nov 19, 2013 | Blog, Charitable Giving, IRA, Retirement Planning, Tax Planning
Yes, but you need to be over 70-1/2 and do it before the end of the year. If you don’t need the income and have charitable contributions to make, don’t overlook this great way to kill two birds with one stone, called a Qualified Charitable Distribution (QCD). The...
