Deposit catch-up contributions
Catch-up contributions to 401(k)s are also typically due by the end of the calendar year. Workers age 50 and older can contribute up to $22,500 to a 401(k) plan in 2012, $5,500 more than younger workers. view full article >>
Sell vested restricted stock
"Vested restricted stock" is really just unencumbered "stock" held by the executive. After the 1-year capital gains holding period is satisfied, the gain on the sale of that stock would be taxable at long-term capital gains r... view full article >>
As the holiday season approaches, with the end of one year and the start of another, we pause to give thanks for our blessings and the people in our lives. It is also a time when charitable giving often comes to mind. Charitable giving can be enhanced usi... view full article >>
Maximize contributions into your retirement plan.
You have only a few paychecks left to maximize contributions into your employer provided retirement plan, and thereby reducing your taxable income for 2012. Determine how much you can contribute into you... view full article >>
Greg Womack with Sue Herera, anchor of CNBC recently at the Schwab Impact
conference in Chicago. The Schwab IMPACT is an invitation-only industry
conference where advisors come together with influential presenters,
exhibitors, and subject-matter exp... view full article >>
Adjust your withholdings – Did you receive a large refund from Uncle Sam on 2011 taxes? If so, you may want to consider claim less in exemptions to allow more in your paycheck for 2012 and 2013. Use this money to fund your other goals, i.e. debt red... view full article >>
