January 18, 2020January 18, 2020401(k), Retirement, Small Business, Tax Planning Benefit of 401(k) tax credit for small business that start 401(k) plans My brother John Novak, a well established 401(k) expert, shared some calculations that he made for his own clients illustrating the impact […] Share this:FacebookLinkedInTwitterEmailLike this:Like Loading...
December 24, 2019January 9, 2020401(k), Employee Benefits, Retirement, Small Business Impact of the SECURE Act on business retirement plans Ted Benna, called “the father of 401(k)s” was one of my first business mentors when I left Wall Street in 1997 and […] Share this:FacebookLinkedInTwitterEmailLike this:Like Loading...
December 22, 2019December 22, 2019401(k), Financial Planning, Retirement, Tax Planning, Wealth Management IRAs and the Retirement Income Myth Tony Novak, CPA financial planner Share this:FacebookLinkedInTwitterEmailLike this:Like Loading...
March 2, 2019March 2, 2019Financial Planning, Retirement, Tax Planning Continuing the tax planning conversation A big part of the tax and financial planning conversation I’m having lately with local upper middle class people my age and […] Share this:FacebookLinkedInTwitterEmailLike this:Like Loading...
February 6, 2019February 9, 2019Retirement, Tax Planning Don’t get angry, get tax free A wave of recent media reports indicates that a large number of taxpayers are angry this filing season. Some people point out […] Share this:FacebookLinkedInTwitterEmailLike this:Like Loading...
November 15, 2018November 15, 2018Financial Planning, Retirement, Tax Planning A fresh look at RMDs Background Required Minimum Distributions (RMDs) are a common topic of focus in personal financial planning. This is nothing new. I first published […] Share this:FacebookLinkedInTwitterEmailLike this:Like Loading...
July 22, 2018July 22, 2018Retirement, Taxes Tax review for single retired woman in Florida A friend asked me to review the tax return of a single retired relative living in Florida. The simple question was why […] Share this:FacebookLinkedInTwitterEmailLike this:Like Loading...
April 26, 2018April 26, 2018Law firm, Retirement, Self-employed, Tax Planning Who benefits the most from tax planning? Our tax laws provide more opportunity to some people than others. I find that some people can save tens of thousands of […] Share this:FacebookLinkedInTwitterEmailLike this:Like Loading...
March 9, 2018Retirement, Taxes Impact of Tax Reform on the Finances of Seniors Most of the changes included in the Tax Cuts and Jobs Act are already effective for 2018. These are mostly good news […] Share this:FacebookLinkedInTwitterEmailLike this:Like Loading...
February 28, 2018June 2, 2018Financial Planning, Retirement, Tax Planning What the heck is a 501(k) plan? The financial services industry has a long history of creating new marketing terms to help sell its products. Certainly this is a […] Share this:FacebookLinkedInTwitterEmailLike this:Like Loading...