While the major tax overhauls proposed in the Build Back Better plan never came to fruition, some tax rates and exemption amounts are scheduled to change in 2022. Be sure to check out this user-friendly guide from Baird's Wealth Solutions Group as you prepare for the 2022 tax year.
Every year, the Employee Retirement Income Security Act (ERISA) requires employers to undergo 401(k) discrimination testing to ensure plans are not discriminating against lower income employees. This testing is usually performed by a third-party administrator, but employers should still understand the basics of how testing works.
It's never too early to start looking at your tax obligations for the coming tax season. The information in this article is for the 2022 tax year, which most taxpayers will file in 2023.
When planning your retirement income, you should include healthcare costs. Here are some of the top healthcare costs in retirement to consider.
Sending your kid off to college comes with a hefty price tag. Here's a quick overview of what expenses may qualify for a reduction in your taxes plus 3 tax-focused savings strategies.
Having a tax-focused understanding of your investments is an important component of preserving wealth. Here are a few tips for high-earners.
Business transition planning can often be one of the most overlooked sources of retirement income for small business owners. Here are 5 tips to consider when creating your transition strategy.
Following the CARES and SECURE Acts, the rules for RMDs have changed in 2021. This summary will show you how.
