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2015 Federal Budget – Simplify Required Minimum Distribution Rules

This proposed change to the tax code is a simplification, but at what cost? One bit of the proposal offers to eliminate RMDs on retirement account that are worth less than $100K. A good thing, I suppose, although those with a low IRA balance are also likely to be in such a low tax bracket [...]

Why to Save the Flexible Spending Account

There are times I get a comment that’s both long enough and insightful enough that I request the author’s permission to put it up as an article. The follow guest post is from Andrew Chunis, the Business Manager at Advanced Benefit Strategies, a third party administrator of employee benefits. Andrew makes a compelling case for [...]