However, if you as an employee (not an employer) contribute money to your SEP IRA (which some SEP IRA plans allow), then it ...

The SEP IRA has a limit on the annual compensation that is used for figuring retirement plan contributions. For 2025, that limit is $350,000, an increase from $345,000 in 2024. That limit is ...

Here is how much Americans have saved for retirement at different ages. Learn how you compare, whether you're saving enough, ...

Generally, those who are 73 and have given up working must make withdrawals from traditional IRA, SEP IRA, SIMPLE IRA and ...

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Saving for retirement isn't getting any easier. With inflation a constant challenge and salary increases often not enough to ...

Responding to a recent call from a financial advisor in Massachusetts, the ERISA consultants at the Retirement Learning Center (RLC) discuss the latest guidance on making qualified charitable ...

Extended Retirement Savings: With retirement potentially lasting decades, individuals may need to save more to ensure they ...

With Thanksgiving firmly in the rear-view mirror, the end of the year must be near! It means that we should all be thinking ...

The distribution will count toward the client’s RMD yet is entirely nontaxable, also allowing the taxpayer to reduce taxable income for the year. Beneficiaries of inherited IRAs who are older than ...

If you’re thinking about retiring, make sure you can do so peacefully. Right now, half of Americans can’t. In fact, about 57% of Americans say they’re behind on their retirement savings, as noted by ...

There are a couple of weeks left in 2024. That gives you a little time to do any number of things that can reduce your taxes and boost your bottom line for this year.