WILL BIDEN CHANGE YOUR RETIREMENT PLANS

Will biden change your retirement plans. It’s an election year and you know what that means: Proposals are cropping up from both sides of the aisle that promise to make your life easier. One, supported by the Biden-Harris ticket, is a change to the tax rules for 401 (k) retirement plans. Given that roughly half […]

BYE CALIFORNIA HELLO RESIDENCY AUDIT

Bye California hello residency audit. Californians like to complain about high taxes, and who can blame them ? California may have more millionaires and billionaires, but the tax cost of livin in the Golden State has always been high. The current top rate 13.3%–which is the same on ordinary income and capital gain–dates from 2012. […]

IMPORTANT 2019 ROTH IRS RULES

Important 2019 roth irs rules. A Roth IRA is a form of tax benefited retirement account. With Roth IRAs your contributions are not tax deductible, but your eventual withdrawals will be. This makes Roth IRSs a great way to ensure your financial security well into retirement. However, there are many rules about who can contribute […]