Playing Catch-Up
At a certain age, you are allowed to boost your yearly retirement account contributions. For example, you can direct an extra $1,000 per year into a Roth or traditional IRA […]
The Lucky 37
Although the IRS imposes income tax on the Social Security benefits of certain senior citizens, the majority of states don’t. In fact, only 13 states tax Social Security benefits, and […]
401(k) Rumblings
The 401(k) plan has been in the news of late, as lawmakers have turned their focus on the tax system. In order to increase current tax revenue (without having to […]
Planning as a Singleton
At some point in your life, you may find yourself living alone. It could be in your apartment when you get your first job after college. It could be after […]
The Retirement Smile
According to a recent article in the Journal of Financial Planning, which looked at spending patterns of retiree households, the publication found that over a twenty-five year period from ages […]