The mother of all birthdays has come and gone and the first of the Boomers are now getting senior discounts when they go to the movies.
To get a head start on this year’s taxes start planning now. Set up a filing system.
Close to 48 million taxpayers take the time to fill out all those formidable long 1040s and use their deductions, over $1 trillion in deductions.
My wife and I both turn 40 this year. We have about $300,000 saved in our retirement plans.
Saving more always seems to rank in the top five resolutions for the New Year.
Should I Invest In A Roth Or Traditional IRA? My standard answer is; it depends.
I don’t know what Congress is planning to do regarding tax changes.
You may have a 401(k), a 403(b) which is for nonprofit organizations such as schools and hospitals, a 457 plan which covers state, county and city employees and there is a Thrift Savings Plan for federal employees.
The Common Mistakes Employees Make With Their Retirement Plans
This particular IRA benefits the “at home nonworking spouse”, a term coined by Congress in its infinite wisdom.