Round-up of Retirement Strategies for Week of May 7

8th May 2018

blue background with road sign Retirement Ahead

Here’s a collection of top recent articles on retirement strategies. 

What’s the Difference Between Savings Accounts vs. CDs?

Many people may not be aware that there is a difference between business savings accounts vs. CDs – it comes down to interest rates and your ability to withdraw funds. Both of these accounts help you grow your money divergently. However, if you choose the wrong one, all of your valuable interest could disappear.

Via Fundera

You Might Want To Rethink This ‘Dead’ Retirement Plan If You Have A Small Business

If you’re a small business owner who wants to pay less income tax, has few employees, excess profits, and are frustrated by the low contribution limits to traditional IRAs or 401(k) plans, a defined benefit pension plan may be the perfect solution to reduce taxes and save for retirement

Via Forbes

Retirement Strategies That Will Make Money Last Years Longer

Here are 10 simple strategies for building wealth and stretching your retirement savings. The No. 1 strategy is to use all available tax breaks and deductions.

Via Cheatsheet

3 Powerful Tax Strategies for Retirees

Saving money in your 401(k) and IRA help you to retire, but being savvy smart about how you manage those funds once you retire can make a big difference in your tax bills over the years.

Via Kiplinger

5 Bases You Need Covered With Your Retirement Plan

 When planning for retirement, you need a plan that focuses on these five key areas of your financial life: income planning, investment planning, tax planning, health care planning and legacy planning.

Via Kiplinger

Tax Reform Provides Boost To Small Business Retirement Plans

Vice President Karen Shapiro of Dedicated Defined Benefit Services discusses the impact of tax reform on small business retirement plans such as defined benefit and cash balance plans.

Via Forbes

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