Self-Employed Retirement - (July,
2007) Since many of our clients are self-employed, we are approached often
regarding the establishment of retirement accounts. Individual
Retirement Accounts obviously limit you to only $4,000 which many small
business owners consider insufficient when trying to reach their
retirement goals.
2006
Pension Protection Act - (August, 2006) On August 4th, Congress passed the Pension Protection Act of 2006
("PPA"), a package of sweeping reforms for employer-sponsored
retirement plans.
Catch-Up
Contributions - (September, 2006) If you're fast approaching
retirement age and becoming concerned about the amount of retirement
funds you have set aside, the 2001 Tax Relief Act held some good news
for you. If you are over age 50, you are allowed to make
"catch-up" contributions to your defined contribution
retirement accounts.
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