Don’t forget to take your RMD

by | Nov 14, 2014 | Blog, Taxes

Did you celebrate your 70½th birthday in 2014? Do you have a traditional or rollover IRA? If both answers are yes, the deadline for taking the initial required minimum distribution from your retirement account is April 1, 2015. Required minimum distributions are the...

Tax Tip for November 2014

by | Nov 7, 2014 | Blog, Taxes

Consider a health savings account (HSA). Investing in an HSA gives you a current-year tax deduction while providing a savings account to use to pay out-of-pocket medical expenses currently or in the future. An HSA is not a “use-it-or-lose-it” plan. Any...