Feeling overwhelmed when you get hit with bills all at once? Don’t be afraid to see if each bill collector offers a chance to change your due date. If you can do so, try to spread bills out throughout each month so you don’t get slammed all at once.
How often do you stress about money? Nearly 90% of Americans surveyed by the American Psychological Association for its annual Stress in America report said the level of stress they are feeling about money has either remained the same or gotten worse in the last year.
Did you know that identity theft can occur when you file your taxes electronically? To protect yourself be sure to protect the privacy of your Social Security number and file your income tax return as early as possible (so as to beat the identity thief to the punch).
Don’t forget that when you rollover your company retirement plan money to your Roth IRA, the rollover is taxable. If you did so over the past year, be sure that the move is reflected in your taxes.
Do you know how diversified your retirement portfolio is? Be careful that it doesn’t lean too heavily on one type of stock and don’t be afraid to make it diversified.
Do you know if you are financially sound enough to retire early?
Don’t stress yourself during retirement! Take time before your retire to map out a plan for collecting Social Security and calculating just how much money you will need in retirement.
If you have an Individual Retirement Account, which you most likely know as an IRA, listen up because the Internal Revenue Service has some important information for you. You may have heard, either through us or in the news, that a U.S. Tax Court reworked the rules on rollovers between IRAs in a decision…
A 401k sounds simple enough, doesn’t it? It seems like all you have to do is contribute to it for a few decades while make your way through your career and then one day retirement rolls around and then that money becomes a reality. Just contribute, that’s all right? Sure, that’s the approach most American…
Social Security The timing of when to take your social security benefit is one of the most common questions that we hear. Should I take social security now or should I wait? If you’re retired, you can begin taking your benefit as early as 62 years of age, but the longer you wait, the…