by Ryan Welch | Mar 13, 2024 | Insights
A 529 qualified tuition plan (“529 plan”) is a tax advantaged investment vehicle designed for the use of a designated beneficiary’s education expenses. Contributions to 529 plan are after tax and earnings grow tax-free. Withdrawals are tax-free as long as the funds...
by Ryan Welch | Jan 3, 2024 | Insights
The Federal Reserve (Fed) raised interest rates 11 times since early 2022, the fastest rate hike cycle in decades. As a result, cash instruments such as money markets, CD’s, and saving accounts throughout 2023 became very attractive. While the Fed has no direct...
by Ryan Welch | Oct 11, 2023 | Insights
Tax Credits for Start-up Retirement Plans If you start a qualified retirement plan with auto-enrollment, your company may qualify to receive thousands in tax credits over a three-year period. A tax credit, different from a tax deduction, reduces the amount of taxes...
