Include A Reality Check In Your Countdown To Retirement
If you are approaching retirement, it’s a good idea to review your finances and develop a strategy for your final working years. Take the time now to perform a reality check on your retirement resources and expectations.
Don't Lose Your Financial Records In a Disaster
Every year there are natural disasters that remind us how easily we can lose essential tax and financial records. After a disaster, you’re more likely than ever to need certain records to file insurance claims or apply for loans.
Don't Let The Tax Tail Wag The Economic Dog
Some tax-cutting strategies make good financial sense. Other tax strategies are simply bad ideas, often because tax considerations are allowed to override basic economics.
Borrowing From Your 401(k) Can Have Tax Consequences
If you participate in a 401(k) plan at work, you’re probably planning for retirement. But if you need money before retirement, should you borrow from your 401(k)?
Take a Lesson On Education Tax Breaks
Are your children going back to school this fall? You may be able to offset some of the rising costs of higher education with tax breaks, although the benefits are phased out for certain taxpayers. Here’s a “tax primer” for parents to follow.