529 Plans: An Essential Piece of College Tuition Planning

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529 Plans: An Essential Piece of College Tuition Planning College tuition costs are at an all time high. Students obtaining advanced degrees may leave college with debt equivalent to a home mortgage. Although careful financial planning should be undertaken to save for potential college expenses, these savings can be enhanced if structured in a 529
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Multi-Entity Functionality

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Multi-Entity Functionality In starting a business venture, owner-employees generally will form a single entity such as a corporation or a limited liability company (“LLC”) from which to conduct the business[1].  The most obvious reasoning for the utilization of a legal entity, rather than conducting the business merely as a sole proprietorship, is to negate the
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Required Mandatory Distributions From Retirement Plans

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Required Mandatory Distributions From Retirement Plans People born between 1946 to 1963 are classified as Baby Boomers.  According to the US census, Boomers constitute a large percentage of the US population and they are retiring in large numbers – approximately 10,000 per day by some estimates.  Recent surveys by GoBankingRates have indicated that approximately 1
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Qualified Small Employer HRAs – New Options for Small Businesses

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Qualified Small Employer HRAs – New Options for Small Businesses In order to attract and retain the best talent for their businesses, many small business owners want to provide employee benefits, including health insurance.  However, for some small employers, offering a group medical plan is not a viable option, either due to cost or high
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