Securing the Future


SURVEY SAVVY

ith retirement approaching, 26% of baby boomers expected to live very comfortably and others (29%) said they’d meet expenses with a little left over. The remaining 41% foresaw either just meeting their basic living expenses or not having enough even for that.

What retirement income were they all banking on? Almost half (49%) had 401(k) and IRA savings, and 40% are counting on Social Security or employer pension plans. The remaining 11% either had other savings or didn’t know.

Source: Pew Research Center survey of 968 respondents, age 41 to 59, http://pewresearch.org , 2006.  

SPONSORED REPORT

Year-end tax planning and what’s new for 2016

Practitioners need to consider several tax planning opportunities to review with their clients before the end of the year. This report offers strategies for individuals and businesses, as well as recent federal tax law changes affecting this year’s tax returns.

QUIZ

News quiz: IRS warning on cyberattacks and a change in pension rules

Once again, the IRS sounds the alarm about a threat from cyberthieves. See how much you know about this and other recent news with this short quiz.

CHECKLIST

Bolster your data defenses

As you weather the dog days of summer, it’s a good time to make sure your cybersecurity structure can stand up to the heat of external and internal threats. Here are six steps to help shore up your systems.