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

Keeping client information safe in an age of scams and security threats

A look at the Dirty Dozen tax scams and ways to protect taxpayer information.

TAX PRACTICE CORNER

More R&D tax help

"Can I use the R&D credit?" PATH Act enhancements make the credit more attractive to a wider range of taxpayers.

QUIZ

News quiz: Tax-related data breach explained

News about a data breach that affected about 100,000 people, the IRS’s budget for the fiscal year, and the 2018 health spending account limits received attention recently. See how much you know with this short quiz.