***EDIT: On 3/20/2020, “All taxpayers and businesses will have this additional time to file and make payments without interest or penalties,” Mr. Mnuchin said on Twitter.*** Here’s the short and sweet answer: The tax-filing deadline will remain April 15, but the IRS...
our Comprehensive Guide to Credit Card Selection EssentialsWhat to Look for When Selecting a Credit Card Americans are taught the dangers of credit cards from an early age. Young adults are often warned about ballooning debt, extreme interest rates, and lifelong...
The Impact of Retirement Distributions on Your Savings Let’s begin by making the generous assumption that no matter how old you currently are, when you retire social security will still be funded and you’ll be able to draw your share from it for the rest of your life....
The Impact of Tax Brackets on Your Financial Planning There are actually two ways to look at your tax bracket. One is called your marginal tax bracket, and one is your effective tax bracket. Marginal Tax Bracket Your marginal tax bracket is the thing that is most...
Emotions and Money: A Guide to Financial Empowerment I read a Garfield comic when I was about 12 years old that I’ll never forget. “When is the most popular day to start a diet? Tomorrow.” We’re at that time of year when people make New Year’s resolutions. I’ll tell...
IRA stands for Individual Retirement Account. There are two primary types, Traditional IRA and Roth IRA. In this post I’m going to give you the basic information you need to help determine which type is best for you to contribute to annually. Employee Retirement...
