As long as he or she has reached age 62, the other spouse can file to receive half of the benefit if it is ... you should delay filing for benefits until age 66. And if, like me, you plan to live forever (as Steven Wright says, “So far, so good.
A general ledger (GL) is a set of numbered accounts a business uses to keep track of its financial transactions and to prepare financial reports. Each account is a unique record summarizing each type of asset, liability, equity, revenue and expense. A.
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There's a theme to these tips from eight different planners, and the cynics will immediately jump all over it. Imagine – financial planners advising people to have a plan for retirement. Aren't they just talking their book, as investment industry.
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As a retirement plan consultant, I have come across many plan sponsors that have inadvertently made mistakes in their 401(k) plans. Most have just never had anyone show them how to correctly administer a 401(k), or they have so much on their plate that .
Department-store chain J.C. Penney is poised to pay $4.5 million to settle allegations over company stock in the firm's 401(k) plan , following a district court judge's preliminary approval of the settlement. Participants in the company's 401(k) plan.
“We are not providing fiduciary advice for our record-keeping services, such as plan enrollment, investment selection or other in- plan activities,” Charles Nelson, CEO for retirement at Voya Financial Inc., Windsor, Conn., said in a prepared statement.
Employee-benefit attorneys advising retirement plan sponsors frequently mention that plan fiduciaries are not liable for the acts or omissions of an appointed investment manager, and aren't obligated to invest or otherwise manage plan assets subject to.
Income tax planning is the simple execution of tips and strategies designed to lower your tax liability, which should produce a bigger tax refund. And with tax laws changing your tax lifestyle should change with it! Now is the time to go back (or find.