The Basics of Tax Language. This certainly isn’t a subject most us, including myself, like to think about and certainly isn’t one that appears to be going away anytime soon. As wealth accumulates for future needs, the tax rates by federal and state governments will likely increase due to budgetary […]
The 401k Retirement Plan. Much has been written about the 401k retirement plan since the passage on November 6, 1978 of the United States Revenue Act of 1978. Since the passing of the Revenue Act, the 401k plan has become the primary savings vehicle for American workers. The 401k goal […]
The Roth IRA. The Roth IRA was established by the Taxpayer Relief Act of 1997 and was named for its chief legislative sponsor, Senator William Roth of Delaware. The primary advantage of the Roth IRA is the tax-free accumulation of earnings while the primary disadvantage is the requirement that after-tax […]
The 401k IRA Rollover Have you ever seen a television commercial, billboard, or newspaper advisement that portrayed a person or company as your 401 headquarters or rollover specialist? The financial services industry has spent a considerable amount of time and energy to create marketing campaigns. These slick advertisements are designed […]
