April 17th (the deadline to file your personal income taxes this year) is just a few days away, so I thought the following article a timely one. As much as we’d love it to be otherwise, yes you do still have to pay taxes in retirement. But what income is taxable and how?...
Let’s Get Real
Retirement is one of the most important goals for most people. Unfortunately, many workers and retirees have an incomplete or unrealistic picture of how much they need to save, how to invest their savings effectively, and how to make their money last as long as they live. Clearing up common misconceptions about retirement is essential to allow people to fulfill their dreams of a comfortable retirement....
Is My Contribution Deductible?
Making Converts of Us
In case you haven’t heard — taxes are on sale! To take advantage of that, it means that 2018 could be the year for you to consider converting a traditional IRA into a Roth.... Thanks to the 2017 Tax Cuts and Jobs Act, nearly all Americans will benefit from reduced tax rates and an expansion of the amount of income subject to those newly reduced rates, due to broader tax brackets.