contribution limits 2020

401(k) Contribution Limits for 2020 | Retirement Account Contributions

Richard Osikowicz, AIF® 401k, Tax Planning For Individuals, Retirement Plans, Investing, Personal Finance Leave a Comment

The Internal Revenue Service has updated retirement plan contribution limits for 2020 to benefit taxpayers across the board. The new guidelines affect not just 401(k)s but several other account types …

IRA checkwriting

How to Use IRA Checkwriting in Retirement to Save on Taxes

Steven G. Albert, CPA, MST Tax Planning For Individuals, Retirement Plans 1 Comment

For more than four decades, the individual retirement account (IRA) has been the go-to savings vehicle for retirement savers who are looking for a current tax deduction and tax-deferred earnings. …

3(38) and 3(21) investment advisors

3(38) and 3(21) Fiduciary Investment Advisor Services

Byron T. Deese Business Management, 401k, Retirement Plans Leave a Comment

If you’re a retirement plan sponsor and/or administrator, did you know that you can outsource several key responsibilities for managing your company’s benefits package for your employees? For example, you …

succession planning

Succession Planning: 10 Things You Should Consider

Glass Jacobson Financial Group Business Management, Retirement Plans Leave a Comment

Let’s face it: you’re not going to work forever. At some point, you’re going to want (or need) to pass the reins of your business to someone else. If you …

401k nondiscrimination testing

401k Plans Must Pass Nondiscrimination Testing

Richard Osikowicz, AIF® Retirement Plans, Business Management, 401k Leave a Comment

Under IRS regulations, 401k plans must pass certain nondiscrimination tests in order to avoid fees, required withdrawals, additional employer contributions, or the cancellation of a plan altogether. The purpose of …

CEFEX Renewal

Glass Jacobson Renews CEFEX Certification

Glass Jacobson Financial Group Glass Jacobson News, Retirement Plans, Investing Leave a Comment

Glass Jacobson has renewed its investment advisor certification with the Centre for Fiduciary Excellence, CEFEX, for another year. An Fi360 company, CEFEX certifies investment advisory firms that meet verified standards …