The 4% rule is a common rule in retirement planning to help you avoid running out of money during retirement. It is said that you can comfortably withdraw 4% of your savings in the...
Posted by James Financial Services Inc on 06/18/2021
Any funds you have in a savings account will generate some interest. But, sadly, such interest does not usually amount to anything tangible, especially during a recession when the...
Posted by Aurelia E Weems CPA on 06/11/2021
We live in a world where money is king and the art of saving for a rainy day is something we should all master, including children. So now is the best time to teach your kids valuable...
Posted by The TaxAdvocate Group, LLC on 06/11/2021
Traditional and Roth IRAs may be the king and queen of the retirement prom, but there are other great options that savers shouldn't ignore.Although there are lesser-known SEP,...
Posted by Jim McClaflin, EA, NTPI Fellow on 06/06/2021
Health Savings Accounts (HSAs) are individual savings accounts with tax benefits designed specifically to pay the medical bills of people enrolled in High Deductible Health Plans (HDHP).As...
Posted by James Financial Services Inc on 05/30/2021
Uncle Sam issued tens of millions of tax refunds every year, and every taxpayer gets an average of $2,500 tax payment. If you know how to play it well, there could be bigger tax...
Posted by Taxes Made EZ Inc on 05/24/2021
One of the essential parts of your financial planning is your tax saving plans. Your strategy to save on taxes should be the type that will help keep tax using insurance as your corpus....
Posted by Carmen Garcia on 05/24/2021
All American citizens, even if you work on Mars, must pay tax to the US government. With this, one would expect that US citizens living and working in Puerto Rico will also have to...
Posted by Raven Skylar Tax & Consulting, LLC on 05/24/2021
You must be a U.S. citizen, lawful permanent resident (green card holder), or pass the "substantial presence" test to be recognized as a U.S. resident for tax purposes. Some...
Posted by Taxes Made EZ Inc on 05/07/2021
