Retirement

Get a Bigger Retirement with your Tax Refund

If you’re getting a tax return, you probably have ideas on how to spend it. A well-deserved getaway — somewhere peaceful with no Wi-Fi access sounds nice. So does an upgrade to your home’s outdated appliances — and a little extra fun money to freshen u…

Baby Boomers and Taxes: Where Do Their Refunds Go?  

Millennials versus baby boomers (and vice versa): It seems like a feud of stereotypes destined to live in infamy for ages. Many of the classics — pervading opinions like “Millennials are entitled and lazy” and “Boomers won’t ever catch up with modern t…

The Tax Benefits of Contributing to an IRA

I-R-A. Who knew 3 letters could be so daunting, yet yield so many benefits for our financial lives.
IRA stands for Individual Retirement Account. And if you’re like most people, you likely think it sounds like a fancy investment tool that is reserved f…

Ways to Save for Retirement on Minimal Income

When bills and other short-term financial goals dominate your budget, retirement contributions tend to fall by the wayside. How can you possibly focus on retirement when you have all of these other expenses?

Plus, is it really necessary t…

How to Build a Retirement Plan

One of the best financial moves you can make is to open a retirement plan and consistently contribute to it.

Getting an early start means decades of compound interest working in your favor as a result of your contributions, and, in many c…

5 Mistakes that Sabotage Your Long-Term Wealth

We all slip up when it comes to handling money. But sometimes small infractions we think are no big deal, end up becoming mistakes that sabotage our long-term wealth. Be careful not to make these five mistakes.

1. Carrying debt
Debt, espe…

How Retirement Contributions Impact Your Tax Bill

We all know how important it is to save for retirement. If you’ve started contributing to a retirement plan, at work or on your own, the next thing you’ll want to know is how to deal with it on your tax return.
Fortunately, entering retirem…