Tips for Electronic Tax Refund

February 13th, 2013
Tax Refund Tips
Getting your taxes done and out of the way is a good feeling especially if you are getting money back!  Follow these tips to avoid any delay in receiving your electronic tax refund into your State Bank account.

These are common issues we find in delaying tax refunds:

– Make sure to include ALL of your account number digits.
– Do not insert numbers or zeros where   (more…)

Retirement Plan Limits

February 1st, 2013

How Much Money Can I Put into My IRA or Employer-Sponsored Retirement Plan?

IRAs and employer-sponsored retirement plans are subject to annual contribution limits set by the federal government. The limits are periodically adjusted to compensate for inflation and increases in the cost of living.

Retirement Plan Limits

IRAs

For the 2013 tax year, you can contribute up to $5,500 to all IRAs combined (the limit will be adjusted annually for inflation). If you have a traditional IRA as well as (more…)