Is Your Withholding Working for You? Avoid Owing or Overpaying Taxes
If you were distressed to find you owed money when you filed your last federal tax return, you might want to change your withholding so that this doesn’t happen again. …
Does the SECURE Act 2.0 Law Make Retirement More Secure?
A new law was recently signed that will help Americans save more for retirement, although many of the provisions don’t kick in for a few years. The Setting Every Community …
Are you at risk of retirement plan leakage?
Generally, the term “leakage” has negative connotations. So, it’s not surprising that the same is true in the context of retirement planning, where leakage refers to pre-retirement early withdrawals from …
Possible Tax Breaks to Offset Long-Term Care Costs
If you have a parent entering a nursing home, taxes are probably the last thing on your mind. But you should know there may be several possible tax benefits. Medical …
Catching Up on Catch-Up Contributions
When it comes to retirement planning, many people tend to focus on two things, opening a retirement savings account and then eventually drawing funds from it. However, there are other …