Building Wealth the Easy Way? Yep, It’s Possible. Let’s be real: not everyone wants to spend hours obsessing over stocks, reading financial reports, or stressing about the latest market trends. And ...
While many of us are limited in our options for retirement by our finances, most of the details of which type of retirement ...
Employers can’t contribute directly to an employee’s personal Roth IRA, but they can still help with retirement savings in ...
SIMPLE IRAs provide greater investment flexibility than traditional options, making them appealing to employers and employees ...
Small business plans that require no testing such as a SIMPLE IRA sound great on paper, but they create a nightmare when you want to save more ...
Tax season has officially opened. Starting on Monday, you can now file tax returns for 2024 income. This year the Internal ...
If you are a small business owner, nonprofit executive or self-employed individual, OlyFed is your go to local resource for ...
Consistent with our new year’s theme of starting the new year out on a great financial footing, one cannot overlook planning ...
Deferring income into a future tax year is a straightforward yet effective strategy for managing tax liability, particularly for high earners or those nearing a tax bracket threshold. If you expect a ...
Contribution limits are not reduced to a Roth or traditional IRA based on 401(k) participation, so maximize contributions if ...
Here are three steps to help you pull it off in 2025. The 2025 IRA contribution limit for adults under 50 is $7,000. But those who will be 50 or older by the end of the year can make a $1,000 ...
If you're self-employed or have a side hustle that pays you as an independent contractor, there are other options available to you, such as a SEP-IRA, SIMPLE IRA, or solo 401(k). I use a SEP-IRA ...