Retirement September 30, 2026
History of Social Security COLAs
The predicted 2027 cost-of-living adjustment of 3.5% would rank 19th among the increases implemented since 1977, the first year Social Security began calculating the annual boost.
September 18, 2014
How to Enjoy the Tax Benefits of Business Convention Vacations
Suppose one of your clients receives a postcard or email heralding a business convention at a lush tropical paradise this winter. It’s hard to pass up and your client may jump at the opportunity. After the early presentations and round-table discussions,
September 18, 2014
How to Enjoy the Tax Benefits of Business Conventions
Suppose one of your clients receives a postcard or email heralding a business convention at a lush tropical paradise this winter. It’s hard to pass up and your client may jump at the opportunity. After the early presentations and round-table discussions,
September 18, 2014
Survey Ranks the Best and Worst Cities for Retirees
After decades in the workforce, it seems only natural for retirees to expect financial security in their Golden Years. But gone are the days when Americans looked forward to a worry-free retirement. Many are working longer years with an increasingly unreachable goal of securing financial freedom for the rest of their lives. In 1991, only...…
September 16, 2014
How to Increase Savings and Preserve Retirement Accounts
A new survey assessing financial wellness programs in the workplace reveals that the combination of financial education with employee lending solutions significantly increases employees’ ability to save money and reduces instances of borrowing from 401(k) retirement accounts when faced with financial emergencies. The survey also shows that employees taking advantage of these programs are more...…
August 27, 2014
Obamacare Director in California Gets $53,000 Bonus
California's health insurance exchange awarded its executive director a one-time bonus of $53,000 after the state enrolled 1.2 million people in Obamacare coverage.
August 27, 2014
Small Businesses Slow to Embrace Healthcare Exchanges
Unhappy with the choices her insurance broker was offering, Denver publishing company owner Rebecca Askew went to Colorado's small business health insurance exchange last fall. She found exactly what she'd been hoping for: affordable insurance options tailored to the diverse needs of her 12 employees.
August 20, 2014
Report: IRS Needs to Improve Medical Device Excise Tax Program
The Internal Revenue Service (IRS) needs to improve its strategy to ensure accurate reporting and payment of the Medical Device Excise Tax, according to a new report publicly released today by the Treasury Inspector General for Tax Administration (TIGTA).
August 20, 2014
The Top 5 Small Business Issues of the 2014 Elections
As campaign season officially swings into high gear, here are the top five issues of importance to the country’s small business owners this election year.
August 19, 2014
Deloitte: Economic Stability Raises Confidence in Retirement Savings
The economic uptick over the past year has led to renewed interest in retirement savings, according to Deloitte's 13th Annual Defined Contribution Benchmarking Survey.
August 18, 2014
IRS Issues New Regs for Longevity Annuities, Exempt from RMD Rules
People are living longer due to medical advances and other factors. So it only stands to reason that outliving your retirement savings is becoming a greater concern. Nevertheless, the IRS continues to insist that elderly taxpayers make “required minimum distributions” (RMDs) from their qualified retirement plans and IRAs each and every year.
August 13, 2014
31% of Workers Have No Retirement Savings
Nearly one third of American workers have no retirement savings or a pension, and 19 percent of workers nearing retirement age have no nest egg either, according to a new report by the Federal Reserve Board.
August 8, 2014
Most Americans Still Worried Obamacare Health Exchanges Will Fail
As the implementation of the new healthcare law, the Patient Protection and Affordable Care Act (better known as Obamacare) continues, a new survey shows that most Americans think that the exchanges that are designed to provide health insurance will fail.