Year-end tax strategies for 2012 are complicated due to the ongoing uncertainty around the “fiscal cliff.” However, one fact is definite: An effective tax plan is specific to a taxpayer’s individual situation. Without the extension of the Bush tax cuts, one can be sure that tax rates will increase in 2013. Being armed with knowledge is the best defense in the present environment of uncertainty, and year-end tax planning need not be one’s worst nightmare.
Tag Archives | IRA contributions
Whether retirement is just around the corner or 30 to 40 years away, regularly setting money aside — particularly in a tax-deferred vehicle such as a 401(k) or tax-exempt account like a Roth IRA — can often be the smartest move you can make. A study conducted by the Employee Benefit Research Institute estimated that [...]
IRA assets can generally be divided among multiple beneficiaries in an estate plan. photo credit: n.karim As compared with employer-sponsored retirement accounts, a rollover IRA can provide you with the broadest range of investment choices and the greatest flexibility for distribution planning. Also, a rollover IRA can typically be operated with fewer restrictions. This brief [...]
Many preretirees falsely believe that there is nothing they can do to build retirement assets, and as a result, do nothing. photo credit: Victor1558 Entering your 50s and behind in your retirement planning goals? Don’t fret. You’ve still got time to get your financial plan back on track. There are many steps that older investors [...]
About PPS Advisors
The PPS Advisors Team is led by Larry Passaretti, Managing Director. Larry has over 25 years of financial investment planning experience.
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