Did you take out a required minimum distribution (RMD) this year and want to put it back? As part of the Coronavirus Aid, Relief, and
Read MoreTag: retirement plans
Funding Retirement Without Breaking The Bank
(This post is part of my Small Business Startup & Survival Guide. You can catch up on the whole series here.) If you go to work
Read MoreDoes President Obama Want To Tax Your Retirement?
President Obama plans to tax your retirement. That was the subject of an email I received this morning. Only it wasn’t quite on target. You
Read MoreWithdrawal Deadlines Looming For Some Retirement Plan Owners
When you sock money away in your retirement plan, the appeal is that the money will grow tax-deferred and be available to you for “someday.”
Read MoreAsk The Taxgirl: 401(k) Plans & Your Tax Return
Taxpayer asks: Never had a 401k before so I have to ask. If all I did was put money in, didn’t take any out. Do
Read MoreDeduct This: History Of The IRA Deduction
Remember Studebaker? Studebaker was a manufacturing company that started in 1852 in South Bend, Indiana, making wagons for farmers, miners, and the military. Ten years
Read MoreTaxes From A To Z: R Is For Roth IRA
Every now and again, I write a piece knowing that there will be a backlash of some sort. This is one of those pieces. You’d
Read MoreTaxes From A To Z: E Is For Early Distributions
Let’s face it… It’s been a tough couple of years for a lot of taxpayers. More and more taxpayers have reached into their savings, including
Read MoreTaxes From A To Z: C Is For Corrective Distributions
Retirement plans can be great vehicles for tax deferrals – but they can also be giant headaches when it comes to reporting for tax reasons.
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