Households making $40,000-$50,000 annually will face an average tax increase of $579, while those making $50,000-$75,000 will experience an average tax increase of $822.
Having an emergency fund is one way to help yourself feel and be more financially secure, especially if you’re a homeowner. So how big should that emergency fund be?
While cleaning out my wallet, I realized that if my purse ever got stolen, I would be completely screwed. From social security cards, to blank checks, to credit cards, any criminal would have a field day. Here are the items you should avoid keeping in your wallet, just in case the unthinkable happens.
When will you be able to retire? That all depends on three factors: how well you’ve been saving, the lifestyle you want upon retiring, and the age you want to stop working. The experts over at CNNMoney recently tried to provide some answers to this big, important question.
Getting the most from your Social Security benefits is not always a simple matter of filing as soon as you’re eligible. Avoid committing these seven Social Security sins.
Most retirees need to start using new tax forms to take advantage of special deductions. Income often decreases enough to put seniors into new tax brackets. If you are near retirement age, these tax tips can help you save time and money:
Think you’re too young to start planning for retirement? Think again! Check out the many reasons why (and how) you should start saving now!
Planning for retirement is essential for a seamless transition to life after the workforce. This article explores the types of retirement plans available for workers.
With politicians tossing around the idea of raising the retirement age to reflect an increase in life expectancy, workers of every age are likely wondering “Will I ever be able to retire?” The answer is “yes,” if you are smart about your money starting at whatever age you are today.
Mortgage Banker Marshall O’Keefe clears up some of the confusion around social security number requirements and credit reports in this week’s Watch-It Wednesday.