How Secure 2.0 Will Impact Employers’ Tax Situations
The Setting Every Community Up for Retirement Enhancement 2.0 Act of 2022, otherwise known as SECURE 2.0, is a piece of legislation that focuses on how employers and their employees are able to save for retirement and how it impacts their bottom lines.Businesses with as many as 50 employees can receive a tax credit when they
Multigenerational College Planning with a Family Dynasty 529 Plan
The College Savings 529 plan offers a way for modest-income families to save and invest for college expenses for their children as early as birth up to college age. When invested 529 funds are used to pay for the beneficiary’s qualifying education costs, earnings are distributed tax-free.However, a lesser-known advantage for wealthier families is that the
