Maximizing retirement compensation for senior executives
By Alan Goldfarb Participation in qualified retirement plans, such as 401(k)s or some other form of a defined-contribution plan, has always been a mixed bag. Often, despite considerable efforts from…
“Golden Handcuffs” Can Hold Key to Locking Up Top Executives
by Alan Goldfarb As a growing number of American companies dive into the global marketplace, the need for seasoned, skilled executives is stronger than ever. For top executives, that’s great…
Maximizing retirement compensation for senior executives
By Alan Goldfarb Participation in qualified retirement plans, such as 401(k)s or some other form of a defined-contribution plan, has always been a mixed bag. Often, despite considerable efforts from…
Wealth transfer opportunities: A silver lining in today’s economy Part two of two
Wealth transfer opportunities: A silver lining in today’s economy Using trusts to transfer wealth Part two of two by Richard Kohan Partner, Private Company Services/Personal Financial Services The use of…
Child Tax Credits, IRAs and 1099s
by Bruce Fenton Originally published in The Fenton Report on March 29, 2004 In 2003, the federal government treated nearly 24 million families to a tax credit check. The U.S.…
Retirement Income Plan
by Bruce Fenton Coming up with a retirement plan to replace a weekly paycheck once retirement comes knocking is essential to making sure your money lasts as long as you…
Mortgages and Retirement
The decision whether to retire with or without a primary residence mortgage is a key planning issue for most retirees. This has become even more of an issue as housing…
IRA Distribution – Section 72(t)
Traditional IRA distributions are taxable at ordinary income tax rates when distributed, either to the owner or beneficiaries. Setting up an IRA to pay out using the Substantially Equal Periodic…
Durable Power of Attorney
A durable power of attorney should be an integral part of any estate plan. While estate planning is considered by most to be a plan to settle your estate upon…
IRA Management (Part 2)
Larger IRAs present major estate planning problems for the owner who wants to maximize the heirs’ legacy, not the federal tax system’s. Given the rate at which IRAs can grow…