The Season of Giving

The Season of Giving

As the holidays near, you probably find that you’re being approached for donations by many organizations . And I encourage charity donations. But have you ever gotten that call where “just $10 or $20″ will be used to support one of these important...

GAO Report on 401(k) Rollover Focuses on Process, not Price

I’ve seen lots of headlines in the last couple of weeks about a new GAO report, “Labor and IRS Could Improve the Rollover Process for Participants”.  Media outlets and industry groups have latched on to different findings in the report, and resulting headlines vary...
The Federal Government giveth, Illinois taketh away….

The Federal Government giveth, Illinois taketh away….

This posting is the good news/bad news of the 2011 tax year, particularly for Illinois residents. The good news?  As part of the tax compromise passed during the lame duck session, Congress included a 2% reduction in the rate of Social Security tax collected from...