by Integrated Tax Services | Aug 2, 2022 | Retirement
IRA’s can be a powerful tool to lower taxes all while saving for retirement or other predetermined uses. Here are five fairly unreported things to know about IRA’s. A nonworking spouse can have an IRA. If your spouse doesn’t work, you may still...
by Integrated Tax Services | Jan 6, 2022 | Retirement
There’s good news for your retirement accounts in 2022! The IRS recently announced that you can contribute more pre-tax money to several retirement plans in 2022. Take a look at the following contribution limits for several of the more popular retirement plans:...
by Integrated Tax Services | Jan 6, 2022 | Individual
A new year. New resolutions. Here are five ideas to consider to help improve your financial health in the upcoming year and thrive! Save more for retirement. Plan for the future by feathering your retirement nest egg. For instance, you can contribute up to $20,500 to...
by Integrated Tax Services | Jan 4, 2021 | Retirement
As part of your 2021 tax planning, now is the time to review funding your retirement accounts. By establishing your contribution goals at the beginning of each year, the financial impact of saving for your future should be more manageable. Here are annual contribution...
by Integrated Tax Services | Jun 1, 2020 | COVID-19
Do you need a quick infusion of cash? Under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, you may be able to take money out of a qualified plan, like a 401(k), or an IRA, with favorable tax consequences. But should you do it? You might view...
