How Do Roth 401(K) Plans Work?

If your company offers a 401(K) plan to your employees, some of them may inquire about treating the contributions as Roth contributions. This is how you can be prepared to answer their questions about Roth 401(k) contributions. What is a Roth 401(k)? This type of employer-provided retirement account allows the employee to designate Roth contributions […]

Year End Tax Planning Strategies For 2014

Many taxpayers often review tax planning strategies after the New Year. Before you say goodbye to 2014, there are several tax savings strategies that you may be able to implement now. If you wait until after December 31st, it will be too late. Harvesting investment losses to offset capital gains Investors can reduce their taxable […]