Year-end Tax and Retirement Planning.

If you are thinking about funding a SIMPLE plan or a 401(k) plan, the deadline for setting up one of these retirement plans is as follows:

SIMPLE IRA, SIMPLE 401(k) or Safe Harbor 401(k) is October 1.

Solo 401(k) plans is December 31st.

If retirement planning is important to you, and, of course, it should be, keep in mind that you need to be working on getting the plans created for 2015 funding.

SEP retirement plans can be set up at anytime prior to the filing of your return for the prior year.  So if you wanted to make a 2014 SEP contribution, you still have time to set one up and make a contribution so long as you have an extended return that you have not yet filed.

Start thinking about your future and get tax savings today by setting up a retirement plan for you and your employees.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s