ROCHESTER, N.Y., Aug 6, 2021 /PRNewswire/ -- For the eleventh consecutive year, Paychex, Inc., has earned distinction as the largest 401(k) recordkeeper by total number of 401(k) plans. The company serves more than 90,000 plans. The ranking was announced as part of the annual PLANSPONSOR magazine's annual Recordkeeping Survey, a national publication dedicated to the pension and … [Read more...] about Paychex is the Nation’s Largest 401(k) Recordkeeper | News
The Inside Story of How We Reported the Secret IRS Files — ProPublica
ProPublica is a nonprofit newsroom that investigates abuses of power. This column was originally published in Not Shutting Up, a newsletter about the issues facing journalism and democracy. Sign up for it here. In late July, ProPublica hosted a virtual event with reporters and editors to talk about our … [Read more...] about The Inside Story of How We Reported the Secret IRS Files — ProPublica
I retired. How much can I save to my Roth IRA?
Q. I retired in January 2021. I grossed $4,300 and I have not worked since. How much can I contribute to my existing Roth IRA for 2021?— Love to saveA. We love seeing people save for retirement.You can make a contribution because you had earned income during the year.For 2021, the maximum contribution to a Roth IRA is the lesser of your earned compensation for the year or … [Read more...] about I retired. How much can I save to my Roth IRA?
Financial Focus: Is Roth IRA better for young workers? | Lifestyles
If you’re in the early stages of your career, you’re probably not thinking much about retirement. Nonetheless, it’s never too soon to start preparing for it, as time may be your most valuable asset. So, you may want to consider retirement savings vehicles, one of which is an IRA. Depending on your income, you might have the choice between a traditional IRA and a Roth IRA. Which … [Read more...] about Financial Focus: Is Roth IRA better for young workers? | Lifestyles
The Exception That Allows Business Owners And Employees To Delay RMDs Until Retirement
After a reprieve from required minimum distributions (RMDs) in 2020 due to the COVID-19 relief package in the CARES Act, RMDs return for 2021. Individuals are required to take RMDs from most retirement accounts once they turn age 72. The first distribution needs to come out by April 1 following the year you turn 72. After that first year, every following year the RMD deadline … [Read more...] about The Exception That Allows Business Owners And Employees To Delay RMDs Until Retirement