Tag: IRA

$500 Increase in 2013 401k and IRA Contribution Limits Makes a Real Difference at Retirement

The IRS has provided a $500 increase in tax deductible 2013 401(k) and IRA contribution maximums. Employer sponsored 401k plan contribution maximums have risen from $17,000 to $17,500. IRA limits have risen to $5,500 from… Read more »

2013 401k, IRA, SEP and Simple IRA Retirement Plan Contribution and Income Limits

The IRS has published 2013 retirement plan limits following the release of Cost of Living Adjustment (COLA) figures for next year.  This was the second consecutive year of increases to… Read more »

2012 vs. 2013 IRA Maximum Contribution, Income and Deduction Limits Factoring in Employer Coverage Restrictions

I’ve written a fair bit on tax-advantaged individual retirement plans, but still keep getting lots of questions on this topic. This is likely due to two main factors. One, thanks… Read more »

Can I Make 401K or IRA to Roth IRA Conversions in 2012 and 2013? What Are The New Rules and Income Limits

[2013 Update] With a deal to avert the fiscal cliff reached and legislated under the American Taxpayer Relief Act (ATRA) of 2012, a couple of significant employer sponsored retirement plan… Read more »

2013 Tax Rates and Brackets, Standard Deduction and Personal Exemptions Updated in Federal IRS Tax Table

[Updated with 2013 IRS inflation adjusted tax brackets and fiscal cliff changes] Congress and the Obama administration’s fiscal cliff deal (ATRA act) means that 2013 federal tax rates will remain fixed for nearly… Read more »

Obama’s 2013 Budget Review – Tax Cuts, Job Stimulus and Small Business Credits

The Treasury recently released their Greenbook on President Obama’s 2013 budget proposal. The Greenbook explains the Administration’s revenue proposals included in the budget that seek to boost near-term growth; provide… Read more »