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TIAA-CREF Survey finds Americans spend less time planning their IRA investment than choosing a restaurant
NEW YORK, March 13, 2014
Fewer than one in five Americans is contributing to an IRA, potentially missing tax and savings benefits – More Americans spent less time in the last year planning for an IRA investment for their retirement years than choosing a restaurant, flat screen TV or tablet, according to an annual survey by TIAA-CREF, a leading financial services provider.
The Best Places To Launch A Startup
Entrepreneur/Forbes, Tom Post, March 13, 2014
I’ve long had an interest in developing a new way of looking at startup communities, based less on the usual government statistics (tax and crime rates, income growth and so forth) than on a cluster effect: that groups of entrepreneurs tend to attract more entrepreneurs. So, several months ago, I turned to Forbes.com contributor Darian Shirazi, founder of Radius, a San Francisco technology company that collects small business data in the U.S. and offers a marketing platform to corporate clients selling to that sector. Radius was the ideal group to generate a list of the best cities to start a business, given its ability to gather scads of information and its novel methodology for sifting the data. The result is a series of guest posts by Lisa Fugere, who manages content strategy and creation at Radius. She has put together the list of best places, along with three other posts on the cluster phenomenon, small businesses shaking up their communities and outlier regions that are mini-hotbeds of entrepreneurship.
IRS - Retirement Topics
January 17, 2014
Retirement Topics - 401(k) and Profit-Sharing Plan Contribution Limits for 2014
Deferral limits for 401(k) plans
The limit on employee elective deferrals (for traditional and safe harbor plans) is: $17,500
Deferral limits for a SIMPLE 401(k) plan
The limit on employee elective deferrals to a SIMPLE 401(k) plan is: $12,000
Catch-up contributions for those age 50 and over permitted by the 401(k) plan, participants who are age 50 or over at the end of the calendar year can also make catch-up contributions. The additional elective deferrals you may contribute is: $5,500 to traditional and safe harbor 401(k) plans and $2,500 to SIMPLE 401(k) plans. You don’t need to be “behind” in your plan contributions in order to be eligible to make these additional elective deferrals.