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 […]
The Million Dollar Question
“If I had a million dollars, I’d be rich!” or so the lyric from the Barenaked Ladies song proclaims. But a $1 million is not the sum it used to […]
It’s Complicated
If you’ve been working for quite a while, your financial life has probably been managed to the rhythm of your paychecks. If you’ve managed to stay employed, it’s probably worked […]
Expanding your Retirement Income Horizons
Working people tend to get the majority of their income from a single job, but retirees often have several income streams. Setting up multiple sources of retirement income gives you […]