Government employees, such as teachers, firefighters, police, and others, often consider working after their eligible retirement age. Especially when presented with a deferred retirement option plan (DROPs) offer.
As you age, the question of which Social Security strategies to use will likely come to mind click here to find out more. There is no one size fits all age; your unique circumstances and goals will dictate the appropriate time for you to take Social Security retirement benefits.
Regardless of the income your business generates, your age, or the number of employees, a business estate plan can help. One thing business owners need to know is a business estate plan can help ensure your business remains intact if something happens to you.
As our population ages, discussions about long-term care (LTC) and who pays for it are essential for many families and state governments. As a result, there has been some recent long-term care tax legislation. LTC is ongoing care in a care facility, nursing home, or at home for those unable to perform a certain number of activities of daily living (ADL) without assistance. ADLs include eating, bathing, dressing, toileting, transferring in and out of bed, continence, or when physical, mental, or cognitive function is impaired, or a doctor has ordered specific care.
According to Webster’s Dictionary, financial literacy refers to skills and knowledge that allow individuals to make informed and effective decisions by understanding finances.
Right now is a great time to evaluate your current tax situation and implement these tax filing tips to help keep the IRS tax auditor away.
Now that spring is upon us, it’s a great time to reevaluate your financial situation and make changes. While it may seem overwhelming to keep your finances on track and implement multiple financial actions at once, a seasonal approach may help.
As you prepare to file your 2022 taxes, check into some of this tax season’s updated deductions. It’s common to miss out on deductions or opportunities you could take. Or your tax professional missed or wasn’t aware you could deduct. Spend some time today reading these 2023 tax season planning tips.
While many are organizing their closets and cleaning out drawers and garages, use springtime to Spring clean your finances. Now is a great time to look at your finances so you can work toward financial independence. Here are ten ways to help you clean up your finances by cleaning out what isn’t working in your financial situation.
Some people view financial confidence and building wealth as mere luck, but there is more to it than just being lucky. Building wealth doesn’t happen overnight or by chance, and there are no secrets or shortcuts to building wealth.