Are There Really Tax-Free Retirement Plan Distributions?

A look at some popular & obscure options for receiving money with little or no tax.  Will you receive tax-free money in retirement? Some retirees do. You should know about some of your options for tax-free retirement distributions, some of which are less publicized than others.

Is This the Season to Change Jobs?

The top financial considerations for those ready to make a move. Switching from one job to another can literally pay off. Data from payroll processing giant ADP confirms that statement. In the first quarter of this year, the average job hopper realized a 6% pay boost. The salary increase averaged 11% for workers younger than 25.1

From Employee Benefit Advisor: “The U.S. Department of Labor acted on President Obama’s Executive Order 13706 (EO) and released a final rule implementing the requirements for federal contractors and subcontractors to provide employees with paid sick leave. Specifically, contractors must provide one hour of paid sick leave for every 30 hours worked on or in connection with a covered contract, …

It’s a Great Time for Buying or Selling a Business

Our new infographic, “It’s a Great Time for Buying or Selling a Business,” looks at how small businesses change hands in the United States. After jumping in 2013, small business transactions have remained stable with around 7,000 businesses bought or sold each year. “Part of the reason transaction activity stabilized in 2015,” BizBuySell reports, “may be that small businesses continue …

5 growth stage slipups that can kill your business

Originally published on the SCORE website.  Reeve Conover has been helping business owners start and grow their businesses as a volunteer SCORE mentor for more than 5 years:   “Many entrepreneurs have the guts to take that dramatic first step of sparking something into creation,” says Nelson. “But too many lack the perspective to reflect on what’s needed for the …

“Working too hard makes leading more difficult”

This is a great article by Ron Friedman, the author of the book “What go you here, won’t get you there.”  It discusses why certain behaviors that we generally view as productive actually hurt you at different stages.  He is now adding a fourth habit – Failing to Disconnect.  This has become a problem for all of us – and …

“Medical and Dental Insurance – not ObamaCare”

I saw this sign, coming out of the Lowes the other day and it go me thinking – about all the things wrong with this simple sign.  On the surface it seems benign – This guy can get you coverage for medical insurance that is not ObamaCare.  However it really highlights one of the big problems with the current level …

2015 Pension Limits changed

The maximum deferral limit for 401(k), 403(b) and 457(b)plans increases $500 to $18,000 The Catchup goes to $6000 from $5500. The definition of Highly Compensated Employee moves up to $120,000, and the maximum compensation line to $265,000.  

7 new things you have to know…

Premium Changes-  According to a study by PriceWaterhouse Cooper, Premiums under the Affordable Care Act are expected to increase an average of 7.5% in 2015.  The largest increase is 36% in Nevada, and the biggest decrease is in Arizona (23%).  Premium increase for the large carriers (such as Blue Cross) are above 9%.  COBRA and PPACA- There are some significant …