Let’s say you wanted to borrow $10,000. What questions would you ask and want to know the answers to before you borrowed the money? I can think of at least two key questions, and probably more. What is the interest rate? How much interest do you have to pay? What is the payment? If the lender responded by Read More >
What Do Qualified Plans Do?
Posted on: 09.09.14
Qualified plans do several things: They make it easy to save for retirement. They offer the opportunity to receive an employer match on your contributions. They defer otherwise payable income taxes. They defer the income tax calculation. Let’s evaluate each one individually. ⇒ Qualified plans make it Read More >