MANY employees are leaving company benefits on the table.

Maybe it’s simply inertia: Employees simply don’t bother to sign up for all the financial benefits their employers offer. Or they’re overwhelmed by all the choices.

“For the vast majority of people, the issue of how to save, invest and spend in retirement is the hardest, nastiest problem in finance.”

Congress hasn’t made this tough problem easier. When lawmakers can agree at all, they layer poorly drafted law upon law, leaving both the Internal Revenue Service and savers to confront a maze of confusing provisions.

Retiring abroad requires a lot of planning and often a good accountant. When people dream of jetting off to the French countryside or a tropical island to begin a new chapter in retirement, tax and banking policies don’t usually feature prominently in the fantasy. But pulling off a move overseas in retirement requires navigating financial rules in both the U.S. and one’s new home. Mistakes are easy to make and can be costly, financial advisers with international clients say.

Here is a great article for small businesses that we had CHAT GPT create.

Many people have retirement savings in the form of 401(k)s, IRAs, and other such funds, but many people can get stuck when it comes to where they wish to live out their retirement. The Dayton Business Journal has provided the top five places where retirees have, on average, the best financial security, and our very own Dayton comes in at number 5!

With a few exceptions, year-end tax planning must be completed by this New Year’s Eve. Some notable exceptions include contributions to certain retirement plans such as IRAs and Solo 401(k) plans and also HSA plans. Payments to these plans have various 2023 deadlines.