Caregivers do forfeit their jobs and employee benefits to perform a selfless act of caring for loved ones. However, there are benefits attached to the selfless act that is not known...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 10/30/2022
As retirement approaches, 60-plus-year-old women often feel financially insecure. Planning for retirement is demanding enough, but women face additional challenges. A longer life,...
Posted by Dennis Jao on 04/30/2022
Social welfare refers to a range of programs that aid citizens either financially, educationally, or otherwise. These programs or activities are mainly targeted at groups of people...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 04/17/2022
When you retire and begin to reduce your income from work, it becomes essential to take advantage of all the tax benefits available. This way, you will maximize your savings and help...
Posted by Abundant Wealth Planning LLC on 04/09/2022
Persons aged 65 and over and those who took early retirement due to disability are eligible for a federal tax credit which varies from $3,750 to $7,500. The senior citizen or disability...
Posted by Dennis Jao on 03/31/2022
This is a subset of a defined benefit pension plan. The employer often funds it via contributions made to a specific account comprising the compensation and interest of the participating...
Posted by Pat Raskob on 03/17/2022
Everyone needs help during tax season - young and old. However, if you're a senior, you need more help. That's because we may encounter so many problems while filing taxes....
Posted by Tiffany Gaskin on 02/28/2022
An unexpected tax bill can ruin anyone's day. To help you avoid this unpleasant surprise, here are some simple steps that many people can take to reduce their taxes. In many cases,...
Posted by Taxes Made EZ Inc on 02/08/2022
The main traditional sources of retirement income in the United States are often referred to as a three-legged or three-pillar chair:Social Security benefitsEmployer-provided pensions...
Posted by Dennis Jao on 01/27/2022
