Key Retirement and Tax Numbers for 2021
Every year, the Internal Revenue Service announces cost-of-living adjustments that affect...
Read Moreby Michael Harter | Feb 1, 2021 | Our Two Cents Newsletter, Retirement Planning | 0
Every year, the Internal Revenue Service announces cost-of-living adjustments that affect...
Read Moreby Michael Harter | Dec 1, 2020 | Our Two Cents Newsletter, Personal Finance, Retirement Planning | 0
In early 2020, 61% of U.S. workers surveyed said that retirement planning makes them feel...
Read Moreby Michael Harter | Nov 1, 2020 | Our Two Cents Newsletter, Retirement Planning | 0
This year has been challenging on many fronts, but one financial opportunity may have emerged from...
Read Moreby Michael Harter | Oct 5, 2020 | Our Two Cents Newsletter, Retirement Planning | 0
In 2020, 74% of workers said they expected to work for pay after retiring from their regular jobs,...
Read Moreby Michael Harter | Jan 9, 2019 | Our Two Cents Newsletter, Personal Finance, Retirement Planning | 0
According to Northwestern Mutual’s 2018 Planning & Progress Study, a shocking 21 percent of...
Read Moreby Michael Harter | Sep 1, 2017 | Our Two Cents Newsletter, Retirement Planning | 0
A good retirement draws on a lifetime of saving and work. But, despite its huge importance, many...
Read Moreby Gene G. Smith, CPA Smith, CPA | Aug 19, 2013 | Investment Planning, Retirement Planning | 0
One of the main reasons why retirement accounts are so beneficial is the power of tax deferral. In a tax-deferred investment vehicle, such as a 401(k) plan or an IRA, your earnings are not taxed until you begin withdrawing money...
Read Moreby Gene G. Smith, CPA Smith, CPA | Jul 5, 2012 | Retirement Planning | 0
Financial professionals worry about the amount that Americans spend on their adult children during years when they should be concentrating on saving for their own retirement. Most people do not expense for taking care of their...
Read Moreby Gene G. Smith, CPA Smith, CPA | Jun 28, 2012 | Retirement Planning | 0
Do you miss receiving your social security benefits statement? If you recall, the Social Security Administration used to mail annual statements to you, but suspended this service back in 2011. Last month, the SSA announced...
Read Moreby Gene G. Smith, CPA Smith, CPA | Jan 25, 2012 | Retirement Planning | 0
A fresh new year is a great time to up your contributions to a retirement plan. Some limitations have changed for 2012 and it is important for everyone that wants to do the maximum contributions to up their contributions in...
Read Moreby Gene G. Smith, CPA Smith, CPA | Nov 29, 2011 | Retirement Planning | 0
Utilizing this benefit offered by your employer is an essential key to saving for retirement. This money is withheld pre-tax from your paycheck, which will lower your taxable income for that year (or post-tax if participating...
Read Moreby Gene G. Smith, CPA Smith, CPA | Sep 8, 2011 | Personal Finance, Retirement Planning | 0
September 9th is National 401(k) Day! This day is an annual celebration to promote the importance of participation in employer-sponsored profit sharing and 401(k) plans. Ignoring these plans should not be an option! Do you...
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