What You Need to Know About the Secure ACT

In May 2019, the US House of Representatives passed the SECURE Act (Setting Every Community Up For Retirement Enhancement). A piece of legislation that could significantly change the retirement planning landscape for some. While this milestone didn’t make the bill the law of the land, as it still has to pass the Senate and get signed by President Trump. It does mean the legislation made some headway. Therefore, understanding what the SECURE Act is and how it can affect you is critical. Otherwise, Read more [...]

IRS Announces 2018 Tax Rates

Few people look forward to paying their taxes, but nonetheless the Internal Revenue Service has announced its 2018 tax rates, along with associated deductions, credits and exemptions. Highlights of the 2018 Tax Rates Highlights include adding another $500 to the maximum annual contribution to most of the numbered retirement plans, along with the government's Thrift Savings Plan.If you apply for ein in 2018 you may need to use a ein filing service. Numbered Plans The maximum contribution for Read more [...]