Planning to Deal Correctly With Required Minimum Distribution Requirements Can Save Taxes

by Melissa Merrick and Marie Jett, CPA | Team Members of the Tax Services Group   When it comes to taxes, reaching age 70 ˝ is an important milestone. That’s because you have to start taking minimum annual distributions from most retirement plans when you reach age 70 ˝. And if you’ve already retired from your company, at 70 ˝ you must also ...

Women Facing Poverty in Retirement?

by Stacey L. Spencer, QKA | Manager, Employee Benefits Group 317.260.4421 Women often reach retirement age with fewer pension benefits and retirement assets than men. All workers need to save more for retirement, but women face added challenges because they have lower earnings, experience higher job turnover, and have a longer life expectancy. Women ...

Indiana Tax Liabilities–Payment Plans Avaialble

Last week the Indiana Department of Revenue began issuing more than 90,000 tax bills to individuals who filed a 2010 tax return and have not paid the tax due yet. If you’re among those folks receiving a tax bill, you owe more than $100, and you cannot pay that amount in full, you now can get online 24/7 and set up a payment plan. Here are some things ...