One of the best presents you can give yourself this year is to maximize contributions to your deductible or nondeductible retirement plan. Whether you’ve been contributing all year or have yet to start, here are a few tips to get the most from tax advantaged retirement plans.
It’s easy to only think of taxes during tax season. However, anyone who is financially savvy knows making changes throughout the year can give you the best chance to make a difference in your tax bill. With more than a quarter of the year left, now is a great time to make small adjustments that […]
The 401(k) retirement plan, first popularized in the 1980s, is an excellent way to put aside money for retirement. Like other retirement plans — traditional IRA or Roth IRA — a 401(k) invests your money in a customized mix of individual stocks, money-market funds and bonds to maximize your return. But which type of retirement […]
There’s more to a good job than a steady paycheck. Full-time employment can earn you all sorts of perks — from employer-sponsored health insurance to generous deductions on your tax return. Here are 10 job-related tax benefits that could save you some serious money.
Did your plan to put money into a retirement account for 2016 fall flat? Don’t worry – you still have time! While automatic contributions deducted straight from your paycheck throughout the year is the easiest way to build your retirement account, there are other ways to save.
Tax season feels eons away for many gainfully employed workers. Why bother thinking about W-9s that will come in January when Halloween, Thanksgiving and Christmas are all arriving before tax forms. Not to mention New Years, Valentine’s Day and St. Patrick’s Day all happen before taxes are even due. But for some workers, tax season […]
Are you among the millions of Americans who piece together a living by freelancing, contracting, or running side hustles? The so-called “gig economy” has shed light on a growing class of workers who don’t collect a steady, guaranteed paycheck from a single employer. Perhaps they run an Etsy shop while bartending on weekends. They might […]