Payroll

 Mortgage Rates Rise Slightly on Jobs Report

July 10, 2014 

Mortgage Rates Rise Slightly on Jobs Report

Mortgage rates increased slightly following an improved jobs report from the Labor Department, according to mortgage news and comparison site, Bankrate.com. the benchmark 30-year fixed mortgage rate rising to 4.31 percent, and the average 30-year fixed mortgage has an average of 0.33 discount and origination points.

Isaac M. O'Bannon

 Florida Job Growth Up 23,000 in June

July 10, 2014 

Florida Job Growth Up 23,000 in June

Florida added 22,620 private sector jobs during the month of June, according to the latest ADP Regional Employment Report which is produced by payroll firm ADP, in collaboration with Moody's Analytics.

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July 2, 2014 

Report: 281,000 Jobs Added in June

U.S. private sector businesses added 281,000 jobs from in June according to the June National Employment Report, which is produced monthly by payroll and business services company ADP in collaboration with Moody’s Analytics.

 Small Business Retirement Plans: SEPs Take the Easy Way Out

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…

Ken Berry, JD

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July 1, 2014 

Small Business Job Growth Near Record High

Good news first: The Paychex / IHS national small business jobs growth index remains near record highs, as Washington state leads and Arizona shows strong improvement. Dallas ranked as June’s top performing metro area, surpassing San Francisco, Seattle, and Houston.

Isaac M. O'Bannon

 Starting a Qualified Plan for a Small Biz? It’s SIMPLE

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.

Ken Berry, JD

 Should Your Clients Join the Rush to Roth IRAs?

June 27, 2014 

Should Your Clients Join the Rush to Roth IRAs?

Although it’s been almost five years since the floodgates were opened, we’re still seeing a steady stream of conversions to Roth IRAs. As long as Congress doesn’t clamp down on the rules, you can expect for this trend to continue.

Ken Berry, JD