Are Health Insurance Premiums Tax Deductible for Retirees?

For retirees or soon-to-be retirees, understanding the tax benefits available to you is crucial for maximizing your retirement income and managing your expenses. One area that often raises questions is the deductibility of health insurance premiums. Are health insurance premiums tax deductible for retirees? The simple answer is yes, health insurance premiums can be tax …

What is a Non-Qualified Retirement Plan?

Are you confused about retirement plans? There are so many different types, each with its own set of rules and regulations. In this article, we will take a deep dive into non-qualified retirement plans to help you understand how they work and what benefits they offer. What’s the Difference Between Qualified and Nonqualified Retirement Plans? …

What Are the Benefits of a Trust in Retirement and Estate Planning

In this article, we will discuss what trusts are, some of the various types of trusts you can use, and how trusts can save you money on estate taxes. If you want to take full advantage of what a trust can do for you and your heirs, it’s important to partner with a trusted advisor …

IRS Increases Max Retirement Contribution Limits in 2015

The IRS has changed retirement account contributions and thresholds for 2015. Retirement Contribution Limits Rising in January 2015 With the fast approaching new year, comes some good news for many from the IRS. The agency is increasing the amount  individuals can contribute to many types of retirement accounts in 2015. For employees participating in 401(k), 403(b), …