2013 Retirement Planning Key Numbers

Posted on March 1, 2013 by Mackey Advisors

Certain retirement plan and IRA limits are indexed for inflation each year, and many of the limits eligible for a cost-of-living adjustment (COLA) have increased for 2013. Some of the key numbers for 2013 are listed below, with the corresponding limit for 2012. (The source for these 2013 numbers is IRS Information Release IR-2012-77.) Elective… Read More

A simple new SIMPLE

Posted on September 23, 2011 by Tina Kirk

The deadline for establishing a new SIMPLE IRA plan is October 1. The Savings Incentive Match Plan for Employees (SIMPLE) was especially designed with ease of administration for small businesses in mind. The deadline applies only for businesses that have not previously had a SIMPLE IRA plan in place. For all others, January 1st remains… Read More