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.
August 6, 2014
Insurance Rebates On Way to Many Consumers and Businesses
California is just one of many states where health insurers owe refunds to thousands of consumers and businesses under requirements of the federal healthcare law. For California alone, the total refunds equal about $11.9 million.
August 5, 2014
Online Medical Records Close to Reality in California
Nearly a quarter of all Californians could soon have their medical histories accessible to doctors and emergency rooms all over the state with just a few strokes on the keyboard.
July 31, 2014
Millennials are Super Savers, New Study Shows
Whatever you may think of Millennials, they are natural born savers. A new report from the Transamerica Center for Retirement Studies shows that since many of these workers entered the workforce at about the same time as the Great Recession, they've been more proactive in saving for perilous employment times.
July 17, 2014
Thomson Reuters Releases 2014-2015 Tax Planning Guide
Thomson Reuters has released the 2014-2015 edition of the Tax Planning Guide, which accountants, lawyers, tax professionals, and financial advisors distribute to clients and prospects.
July 17, 2014
Study Finds that Financial and Physical Health are Related
What do personal finances and personal physical health have in common? More than you might think.
July 15, 2014
Pensions, Defined Benefit Plans are Still a Good Option for Some
Do you remember those traditional pension plans from days of yore? Although such plans are nowhere near as prevalent as they were back in your grandfather’s day – especially for employers that must cover dozens of employees or more -- there’s still a time and place for the “defined benefit plan.” In fact, this option…
July 12, 2014
Pennsylvania Gov. Vows to Take Pension Reform to Public Vote
After more than a day of criticism from fellow state Republicans for allegedly failing to show leadership, Gov. Tom Corbett said Friday he has worked behind the scenes for long enough and will take his cause of pension reform to the public.
July 11, 2014
Retirement Plans for Small Businesses: The Keogh Plan Is Not Extinct
In the not-so-distant past, the Keogh plan was the hottest retirement planning commodity around. But like fax machines and VHS recorders, Keoghs are now regarded by many as relics. Nevertheless, this type of plan still might fit the bill for certain sole practitioners.
July 10, 2014
Small Business 401(k) Plans: Not a Nightmare Anymore, But No Fairytale Either
Once upon a time, an entrepreneur with just a handful of employees wouldn’t even think about starting up a 401(k) plan for the business. The administrative costs, as well as the complexity, could turn into a nightmare. But costs have come down in recent years and now the 401(k) is a viable vehicle for an…
July 2, 2014
Small Business Retirement Plans: SEPs Take the Easy Way Out
Most of your clients who are small business owners are consumed with their day-to-day operations. They usually don’t have the time, nor the inclination, to devote to administering a qualified retirement plan for employees, even though they also will benefit from it personally. For these harried entrepreneurs, a Simplified Employee Pension (SEP), also called a…
June 30, 2014
Starting a Qualified Plan for a Small Biz? It’s SIMPLE
SIMPLE. The name says it all. It stands for Savings Incentive Match Plan for Employees, a contrived moniker, but you get the picture. This type of qualified retirement plan, created back in 1996, is designed to provide an easy and convenient retirement plan option for small business operations.
June 30, 2014
Supreme Court Rules Businesses Don’t Have to Cover Contraception
In their 5-4 decision, the justices recognized for the first time that for-profit business such as East Earl, Pa.-based Conestoga Wood Specialties, owned by a Mennonite family, can hold religious views derived from their owners under federal law.