Roth or Regular?

These days, most 401k and 403b plans give their participants the option of contributing to the “traditional” version or the “Roth” version. With the traditional version,?the amount you contribute reduces your taxable income in the current year,...

401k & 403b Basics: No Match Doesn?t Mean No Good

Ever wonder how much money you need to retire?? Experts suggest that for each?$1k?of money to spend each month during retirement, you need to have?$150k?in financial assets. So to generate?$10k?per month (or $120k per year), you?ll need?$1.5 million?saved up. That?s a...

Wealth Management: Do You Need a Plan?

We?re pleased to announce that Schwartz & Schwartz is now offering clients wealth management services through our new alliance with Axial Financial Group, LLC. The alliance of Axial Financial Group, LLC and Schwartz & Schwartz, PC brings together two...

IRS Announces Higher Retirement Plan Limits for 2015

Contributing to a retirement plan is one of the best tax shelters available to you during your working years.? Recently, the IRS announced that many of the retirement savings limits will increase for 2015. Most working professionals have access to a 401(k) plan or a...