Archive for the Retirement Planning Category

Social Security Wage Base Rises To $127,200 For 2017; “Nanny Tax” Threshold Stays At $2,000

follow The Social Security Administration (SSA) has announced that the maximum amount of earnings subject to OASDI Social Security tax will rise to $127,200, in 2017 after holding at $118,500 for 2016 and 2015. The SSA cost-of-living adjustments (COLAs) are based on the rise in the average Consumer…

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Ribbon Cutting for Efficient Wealth Management

http://electrodomesticosam.com/?q=help-with-loan-consolidation Melissa Rascon was gracious to attend the ribbon cutting of one our firm’s partners Paul Carroll and his great staff with Efficient Wealth Management.  We are very proud of their continued success and the great service they provide to their clients. Efficient Wealth Management is an independent,…

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Tax Reform Package Proposed is Received with Mixed Reactions

http://acf.ch/wp/?m=payday-loans-in-avondale-az House Ways and Means Committee Chairman Dave Camp, R-Mich., unveiled his long-awaited comprehensive tax reform package on February 26 to mixed reaction. Camp’s proposed Tax Reform Bill of 2014 would reduce the number of individual tax brackets, cut the corporate tax rate, simplify, repeal or curtail many popular…

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IRS Issues Guidance on Employer 401(k) plan Rollovers to Roth IRA Accounts

the loanable funds market maximizes quizlet The Internal Revenue Service has issued guidance for employers whose 401(k) plans offer Roth IRA accounts for the rules governing rollovers by participants younger than retirement age. The key part of the IRS guidelines explains that any rollover made before a participant reaches age 59½ must be…

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