Do you want to save up to $56,000 a year for retirement? Are you self-employed or a small business owner? Do your eyes light up when you hear words like “tax-free growth” or “tax-deductible?” If you’re looking for additional ways to save for your future, are a high-earner, and are already maxing out your traditional and Roth IRAs, consider opening a Simplified Employee Pension (SEP) […]
Note to (My Younger) Self: Don’t Make These Dumb Money Moves
Debt sticks around long after the stuff you charge on your credit card (with interest) Living paycheck to paycheck is a bad idea “Retail therapy” only makes you feel better temporarily Read Full Story Here
Be Tax Smart About Leaving Assets to Your Heirs
By ROGER A. YOUNG, CFP®, Senior Financial Planner | T. Rowe Price January 31, 2019 The way you withdraw money in retirement can affect the next generation’s tax burden. Sometimes it’s best to go against conventional wisdom when it comes to when to tap taxable, tax-deferred and tax-free retirement savings. So, you’ve planned well enough to be able to leave some money to your children […]
IRS Watch
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