Discover the eye-opening results of the recent Personal Finance Index survey, where U.S. adults scored an average of 48% and Gen Z only 38%. Click here to bridge the knowledge […]
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Did you know that 62% of aged beneficiaries relied on Social Security for at least half of their income in 2015, as reported by the U.S. Social Security Administration? Whether
Understanding the Tax Torpedo and Its Implications for Various Retirees Read More »
Recent regulations have made it harder for older Americans to leave retirement savings to their grandchildren without subjecting them to significant tax bills. With non-spousal heirs now required to draw
How to Leave Grandkids Your Retirement Savings—and Not a Huge Tax Bill Read More »
Navigate the complexities of the U.S. tax code and stay informed about the significant changes in 2023 that could influence your retirement savings journey, as this article highlights key updates
5 IRS Changes in 2023 That Affect Your Retirement Accounts Read More »
Explore the surprising truth about Social Security benefits and taxes, as this informative article reveals how additional sources of income can lead to potential tax obligations on a significant portion
How to Cut Your Social Security Taxes Read More »
Explore the new opportunity for retirees aged 70½ or older to support charities by donating up to $50,000 from their IRAs towards gift annuities, allowing them to receive fixed-rate monthly
The Retirement Tax Break That Will Pay You an Annual Income Read More »
Sometimes, Social Security benefits can be taxed. That’s what happened to Susan Desmond’s parents, who were shocked when they realized half the money they sent in for Social Security taxes
Tax season is synonymous with the promise of a big check in the mail. But if your refund is bigger than expected, you might consider having some of it applied
Owe Taxes This Year? Here’s How to Lower Your Balance Due in the Future. Read More »
Opening a Roth IRA is something most financial advisers and experts recommend if you’re new to the world of investing. But why exactly should you open up a Roth?
Tax season can be a stressful time of year, and it becomes even more complicated when you live abroad. A year ago, Crystal Dyck realized she needed the services of
When It Pays to Hire a Tax Pro Read More »