Should Your Business Consider a Pooled Employer Plan (PEP)?

What is a pooled employer plan (PEP)? A PEP is a defined contribution plan for retirement, but rather than the...

Investing for the Future: How to Use Your Health Savings Account (HSA) to Save for Retirement

Before we jump into using your HSA as a tool for retirement, let’s cover the basics of what a health...

4 Major Changes to Retirement and Tax Planning Due to the SECURE 2.0 Act

SECURE Act 2.0 increases required minimum distributions to age 73 Many types of retirement plans, like traditional IRAs and 401(k)...

401(k) Hardship Withdrawal vs. Borrowing from a 401(k)

401(k) hardship withdrawals With a traditional 401(k), you can only make penalty-free withdrawals after you reach age 59 ½. We always advise...

Comparing Retirement Plans: Which One is Best for Tax Savings?

Types of Retirement Plans and How They’re Taxed First, consider what distinguishes the different types of retirement plans. Factors include: Timing...

Landmark CPAs Announces Merger with Garland & Greenwood CPAs, Expands Operations

Landmark CPAs is pleased to announce Garland & Greenwood CPAs will merge with Landmark CPAs, effective January 1, 2025. This merger brings together...

Is A SIMPLE IRA Right for Your Small Business?

What is a SIMPLE IRA? A SIMPLE IRA stands for “Savings Incentive Match Plan for Employees Individual Retirement Accounts.” That’s...

Safe Harbor 401(k): Could This Be a Better Option for Your Business than a Traditional 401(k)?

Traditional 401(k) vs. Safe Harbor 401(k): What’s the Difference? Safe harbor 401(k) plans do not require annual nondiscrimination testing. A...

Is a SIMPLE IRA Right for You?

October 1st is the deadline for setting up a SIMPLE IRA for your business. With a SIMPLE IRA, you get...

Traditional IRA vs. Roth IRA: Do you know the difference?

Traditional Individual Retirement Accounts (IRA), which were created in 1974, are owned by roughly 33.2 million U.S. households. Roth IRAs,...