Category
Tax Numbers and Inflation Adjustments for 2025
By Anne ZavagliaPosted on January 14th, 2025
The Internal Revenue Service makes cost-of-living and annual inflation adjustments each year. The changes affect contribution limits for retirement plans and various tax deductions, exclusion, […]
Learn MoreSocial Security Fairness Act Signed into Law
By Anne ZavagliaPosted on January 13th, 2025
The Social Security Fairness Act passed the House and Senate late last year, and was signed into law by President Biden on January 5, 2025. […]
Learn MoreFinal Regulations for Required Minimum Distributions
By Anne ZavagliaPosted on October 8th, 2024
In July, the IRS issued the long awaited final regulations on required minimum distributions (RMDs) from retirement accounts. The regulations became effective on September 17, […]
Learn MoreMaximize Your Tax Savings by Utilizing a Health Savings Account
By Anne ZavagliaPosted on July 12th, 2024
Health savings accounts (HSAs) are available to those who participate in a high-deductible health plan. HSAs are tax-advantaged accounts that offer tax savings now and […]
Learn MoreSuperfunding 529 Plans to Reduce Your Estate and Taxes
By Anne ZavagliaPosted on July 12th, 2024
529 plans are tax-advantaged plans similar to Roth IRAs; funded with after-tax dollars, tax-free growth, and tax and penalty-free withdrawals if used for qualified educational […]
Learn MoreNew High Interest Savings Accounts Help Ohio Homebuyers
By Anne ZavagliaPosted on April 16th, 2024
The Ohio Homebuyer Plus program helps Ohioans save for a down payment on the purchase of a primary residence. Ohio residents aged 18 or older […]
Learn MorePart-time Employees Are Eligible to Enroll into 401(k) Plans in 2024
By Anne ZavagliaPosted on January 10th, 2024
Starting this year, part-time employees meeting the SECURE Act’s three-year rule are eligible to participate in their employer’s 401k plan. The SECURE Act of 2019 […]
Learn MoreTD Ameritrade Transition to Schwab: Important Details
By Anne ZavagliaPosted on June 29th, 2023
The long-awaited transition to Schwab is on the horizon. The Charles Schwab Corporation acquired TD Ameritrade in 2019. Since that time, TD Ameritrade has been working […]
Learn MoreUse the Increased RMD age to Boost your Roth Savings
By Anne ZavagliaPosted on April 11th, 2023
The required minimum distribution (“RMD”) age has steadily increased over the last few years with the passage of the SECURE Act and SECURE 2.0, raising […]
Learn MoreThe SECURE 2.0 Act of 2022 Brings Changes for Workplace Retirement Plans in 2023
By Anne ZavagliaPosted on February 1st, 2023
The Consolidated Appropriations Act, 2023 was signed into law at the end of 2022 includes the SECURE 2.0 Act of 2022. SECURE 2.0 includes over […]
Learn More