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Word: kelson (lookup in dictionary) (lookup stats)
Dates: during 2000-2009
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RETIREMENT SAVINGS PLANS Your first New Year's resolution should be to ramp up your retirement savings. Given that you don't pay taxes on money in qualified plans until you take it out, you should stash your cash there instead of giving it to the IRS. As Jeff Kelson, a tax partner at BDO Seidman in New York City, points out, "Changes in retirement plans have been magnified to allow for more deductions." Contribution limits on 401(k), 403(b) and 457 plans increase by $1,000 to $13,000 this year...

Author: /time Magazine | Title: Money: Uncle Sam's Slice | 1/12/2004 | See Source »

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