Payroll July 29, 2025
The Social Security Administration is backing away from a plan that would have eliminated paper checks for benefit payments issued to beneficiaries.
August 18, 2014
People are living longer due to medical advances and other factors. So it only stands to reason that outliving your retirement savings is becoming a greater concern. Nevertheless, the IRS continues to insist that elderly taxpayers make “required minimum distributions” (RMDs) from their qualified retirement plans and IRAs each and every year.
August 13, 2014
Nearly one third of American workers have no retirement savings or a pension, and 19 percent of workers nearing retirement age have no nest egg either, according to a new report by the Federal Reserve Board.
August 8, 2014
As the implementation of the new healthcare law, the Patient Protection and Affordable Care Act (better known as Obamacare) continues, a new survey shows that most Americans think that the exchanges that are designed to provide health insurance will fail.
August 6, 2014
California is just one of many states where health insurers owe refunds to thousands of consumers and businesses under requirements of the federal healthcare law. For California alone, the total refunds equal about $11.9 million.
August 5, 2014
Nearly a quarter of all Californians could soon have their medical histories accessible to doctors and emergency rooms all over the state with just a few strokes on the keyboard.
July 31, 2014
Whatever you may think of Millennials, they are natural born savers. A new report from the Transamerica Center for Retirement Studies shows that since many of these workers entered the workforce at about the same time as the Great Recession, they've been more proactive in saving for perilous employment times.
July 17, 2014
Thomson Reuters has released the 2014-2015 edition of the Tax Planning Guide, which accountants, lawyers, tax professionals, and financial advisors distribute to clients and prospects.
July 17, 2014
What do personal finances and personal physical health have in common? More than you might think.
July 15, 2014
Do you remember those traditional pension plans from days of yore? Although such plans are nowhere near as prevalent as they were back in your grandfather’s day – especially for employers that must cover dozens of employees or more -- there’s still a time and place for the “defined benefit plan.” In fact, this option…
July 12, 2014
After more than a day of criticism from fellow state Republicans for allegedly failing to show leadership, Gov. Tom Corbett said Friday he has worked behind the scenes for long enough and will take his cause of pension reform to the public.
July 11, 2014
In the not-so-distant past, the Keogh plan was the hottest retirement planning commodity around. But like fax machines and VHS recorders, Keoghs are now regarded by many as relics. Nevertheless, this type of plan still might fit the bill for certain sole practitioners.
July 10, 2014
Once upon a time, an entrepreneur with just a handful of employees wouldn’t even think about starting up a 401(k) plan for the business. The administrative costs, as well as the complexity, could turn into a nightmare. But costs have come down in recent years and now the 401(k) is a viable vehicle for an…