Retirement

General information about the type of retirement accounts whether it is employer-sponsored or not. Catch up with the contributions limits to see how much you’re able to save for your future.

Safe Harbor 401(k): What Is It?
A Safe Harbor 401(k) is a type of retirement savings plan designed to simplify compliance with IRS nondiscrimination rules while…
How to Change Code on IRA Distribution?
Changing the code on an IRA distribution is a crucial process that can significantly impact your tax obligations and reporting…
Backdoor Roth IRA Pro Rata Rule: What You Need to Know
The Backdoor Roth IRA Pro Rata Rule is a critical concept for high-income earners who use the backdoor Roth IRA…
Tennessee Retirement Taxes
The state of Tennessee has a very favorable tax climate for retirees. Unlike most other states, it does not have…
ROTH IRA Contribution Limits
Roth IRA Contribution Limits are determined by your earned income. The contribution limit is lower for individuals with higher incomes.…
How to Find the Best Income Annuities?
Annuities offer tax-deferred growth and guaranteed retirement income. However, they are not for everyone. They are long-term products and should…
Full Retirement Age
While age may be just a number, it plays an important role in Social Security benefits. Social Security’s full retirement…
Pension Benefit Guaranty Corporation
The Pension Benefit Guaranty Corporation (PBGC) is a federal agency established by the Employee Retirement Income Security Act (ERISA) of…
Life Expectancy Calculator
A life expectancy calculator is a tool that helps you estimate your expected lifespan. It uses complex algorithms to make…
Pensions and Annuities
Pensions and annuities are both types of retirement income streams, but they differ in their structure and how they are…