Archive for category TAXES

Defined Benefit VS. Defined Contribution

In speaking with a client recently, I was asked to describe the difference between Defined Benefit Plans and Defined Contributions Plans. I was a bit taken a back because I assumed these were commonly understood concepts.   Investigating further, I discovered my assumption was wrong. The differences between Defined Benefit Plans and Defined Contribution Plans […]

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Review, Retool & Renew

  It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of Darkness, it was the spring of hope, […]

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Top 3 FAQs on 401(k)s

  The top three questions I am asked most often these days with regard to 401(k) accounts are:   Should I leave my 401(k) in a prior employer plan while out of work? Is it best to roll my account into a new employer plan every time I change jobs? Can I cash my 401(k) […]

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TAX RETURNS: Do it yourself or not?

Software programs, such as Turbo Tax, have unequivocally made tax returns easier to execute. While tax professionals have been using them for decades, consumers weren’t heavily marketed to buy until recently. Is it wise to do your own taxes? The answer to that question depends on what you are and aren’t willing to do. If […]

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