by KNSS | Jan 9, 2014 | Planning
Personal financial planning is an ongoing process.? The good news is that financially speaking, 2013 was a really good year. The stock markets are at all time highs.? Many real estate markets around the country rebounded nicely.? And interest rates remain near...
by KNSS | Dec 23, 2013 | IRS, Planning, Savings
Contributing to a retirement plan is one of the best tax shelters available to you during your working years.? Recently, the IRS announced that most of the retirement savings limits will NOT increase for 2014. RETIREMENT PLAN LIMITS FOR 2014: ?Savings Opportunity...
by KNSS | Dec 12, 2013 | Planning
It’s not too late to cut your 2013 tax bill.? Prior to Dec. 31st: ?Increase your 401(k) and 403(b) contributions if you haven’t been contributing at the maximum rate all year.? This year you can put away up to $17,500 ($23,000 if 50 or older) into your...
by KNSS | Nov 21, 2013 | Savings
On Halloween night, the IRS announced the cost of living adjustments applicable to the various retirement plan limitations. Unfortunately, the bulk of the retirement savings limits will not increase from 2013. According to the October 31st announcement made by the IRS...
by KNSS | May 14, 2013 | Planning, Taxes
As people switch jobs, change financial planners, or just move through life, it’s not uncommon to leave a trail of IRA accounts, 401k accounts, and 403b accounts. Why not take this opportunity to clean up these retirement accounts by consolidating them into one...
