Retirement Planning

SEP IRAs (Simplified Employee Pension Individual Retirement Accounts) are employer-created retirement plans that give small businesses a cost-effective way to help their employees save for retirement.

Showing that you have confidence in your company by contributing funds to it can bring you considerable gains. Choosing whether to participate in an employee stock option plan involves considering...

A variety of companies offer retiree benefits to give employees a range of options. The benefits provide a number of advantages that help put a business in a better position than companies that do...

401k plans and 403b plans are two types of employer-sponsored retirement plans with special tax benefits. Both plans allow you to deduct your contributions from your taxable income in the year the...

A leveraged employee stock option plan (LESOP) offers many advantages to both the company's employees and the issuing company. It is often used as a motivational tool for companies not only to...

Profit sharing plans are qualified retirement plans established by companies to provide retirement benefits to employees. Profit sharing plans are established in many different ways with numerous...

Profit-sharing plans and 401k plans share several similar features but also have specific differences. Understanding these is valuable for retirement planning.

If you're self-employed or you're a small business owner or a partnership with only a handful of employees, a Simplified Employee Pension (SEP) plan was designed for you. A SEP is an IRA-based...

Many employers offer 401(k) retirement plans that are actually within group annuities. To most employees, there is little distinction made between a retirement platform of this type versus a...

The Social Security Administration was established in 1935 to guarantee workers and their families a steady income level which could provide financial resources for retirement, disability, or...

Tax rules for Simple IRAs provide guidance for the tax treatment of money contributed to a plan as well as withdrawals. Most regulations are similar to those for other retirement plans such as...

Retirement plans are designed to provide income when you stop working. Without a retirement plan, you may be forced to continue working well past retirement age if Social Security will not provide...

Like the more common 401(k), the 403(b) retirement plan is named after the section of the Internal Revenue Code that authorizes it. Although the two types of plans are similar, they are offered by...

An employee benefit plan typically provides financial protection for the employees in case of health problems, an income after retirement and a number of days off from work. According to the...

Retirement accounts help employees to save and prepare for their non-working years. Individual Retirement Accounts (IRAs), Employee Stock Ownership Plans (ESOPs), 401ks and profit sharing plans...

Retirement plan benefits come in many forms. Pensions used to be the king of retirement plans, but in the past six decades workers have seen the United States swing from one extreme to the other...

A simplified employee pension plan, or SEP, is a plan in which employers may contribute to the retirement accounts of their employees. SEP-IRA accounts are set up for individual employees, and...

Simple IRAs are IRA plans created by an employer and not an individual. They are usually created for small businesses where employers wish to increase the amount they can personally invest toward...

IRAs are excellent ways for people to save for retirement. Employees are able to contribute a maximum of $11,500 of earned income ($14,000 for those over 50) or 100% of their income if it is less...

Succession planning is a process through which an organization develops and grooms their employees for recruitment and promotion purposes. The goal is to fill key roles within the company with...

A tax-qualified retirement plan similar to a pension for non-cathedral or unqualified government employees is a 457 Retirement Plan. Eligible plans limit the amount to be deferred with ineligible...

The federal government offers a variety of annuity, pension, and other benefits for retired employees. The Office of Personnel Management administers the benefits program for government employees,...

401ks are a type of account that offers a structured environment within which an employee can save for retirement. Each employer's 401k plan will offer different options and strategies. Funds...

A SIMPLE IRA is a retirement plan established by an employer who operates a business with a 100 or less employees. Eligible employees include those who made at least $5,000 in any two preceding...

A SIMPLE IRA is a type of retirement plan available to small businesses. It allows the business and employees to make retirement contributions without the overhead or administrative burdens of a...

A SEP IRA (simplified employee pension) is a retirement plan designed specifically for small businesses and people who are self employed. It is intended to give small businesses the option to...

The Thrift Savings Plan, created by the federal government, is a voluntary retirement program for federal employees, including members of Congress.

IRA accounts are available to every wage earner in the United States who is saving for retirement. On the other hand, a 403b plan may be established for employees of public schools, tax-exempt...

SEP Retirement Plans are retirement plans that are simplified. SEP stands for Simplified Employee Pension. These SEP Retirement Plans cater to people who are self-employed and owners (and their...

A 401k is a retirement plan that permits employees to contribute their pretax dollars to a financial account. These contributions are then invested in mutual funds, stocks and bonds. There are...

Despite the current trauma associated with all financial markets, most boomers still harbor an aspiration to retire on-time and in good financial shape. However, since October 2007 they’ve...