Topic: Investing
Articles that provide insights on investing, including news, tips and other information designed to help you stay up to date and on top of your strategy.
IRS Provides Guidelines for Safe-Harbor Hardship Distributions from 401(k) Plans
April 13, 2017School of Saving and Investing
In its March 2, 2017 Employee Plan News publication, the IRS included their memorandum providing guidelines for examiners to determine if a section 401(k) plan hardship distribution is “deemed to be on account of an immediate and heavy financial need” under the safe-harbor standards.
State Tax Deduction or Credit for Contributions to a 529 Plan
December 17, 2016School of Financial Wellness
As we approach year-end, don’t overlook the State tax deduction or credit for contributions to a 529 plan. You may be eligible for a lower Alabama taxes.