by Curtis | Nov 29, 2021 | Financial Planning
Congratulations on your raise! (Or cheers to your optimism!) Most advice on raises sounds something like this: Calculate your new budget Payoff debt Add to your emergency fund Increase your retirement contributions Do something for yourself This is solid advice if...
by Curtis | Oct 12, 2021 | Financial Planning
Open Enrollment for employee benefits is coming soon for most companies. It’s the perfect opportunity to review your insurance choices, investment elections, and other potential benefits. These choices can mean the difference in a few thousand dollars this year, and...
by Curtis | Oct 5, 2021 | Financial Planning, Retirement, Taxes
IRAs were created in 1974 under the ERISA legislation. This established minimum standards for company pension plans. The legislation was a way for individuals not covered by those company plans to access tax-advantaged retirement savings. The rules have changed over...
by Curtis | Sep 27, 2021 | Retirement, Taxes
When planning for expenses in retirement, it’s easy to begin thinking about travel and vacations while overlooking one significant expense: taxes. In Nationwide’s 2021 Retirement Income Survey, 41% of retirees surveyed reported wishing they had been better prepared...
by Curtis | Sep 23, 2021 | Taxes
Both tax credits and deductions reduce your tax bill. Deductions reduce your income, which in turn reduces your taxes. Credits directly reduce the taxes that you owe. Understanding the differences between them can help you make sure you’re paying the least amount of...
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