Archive for June, 2017

Defined Benefit Plan

Posted by:

In one of my quarterly meetings with my tax preparer and consultant John DePasquale – we discussed in detail as to what my options were to have the ability to put more money aside for retirement and potentially get a tax deduction as well.  John came back to me in a few days and said three words that have changed my retirement significantly in that I will be able to retire sooner than originally thought – those words being Defined ... Continue Reading →
0

Myths About 401(k)s That You Should Not Believe

Posted by:

A great many people wrongly use a 401(k) as their primary mechanism to fund their retirement. They are a convenient tool as contributions are taking from their pay-check, it shields a portion of their income from taxes, and quite possibly their employer is contributing. But there is a great deal of misguided information out there to confuse you into making some wrong financial decisions concerning your 401(k). Here are 5-common mistakes people make based on misinterpretation of the rules regarding 401(k)’s. #1 ... Continue Reading →
0