Things You Should Know About RMDs if You Are Turning 73
Retirement accounts like the 401(k) and the Individual Retirement Account (IRA) are broadly classified as traditional, and Roth based on their taxability. Roth accounts are taxed on contributions, allowing...
7 Financial Steps Women Should Take to Ensure They Are Financially Secure
Achieving financial independence is not just a goal but a necessity for women in today’s economy, who increasingly hold the reins of their finances. According...
Artificial Intelligence (AI) and Investment Fraud – How to Protect Yourself
Artificial Intelligence (AI) is penetrating every facet of today’s lives. AI is everywhere, from AI-driven cars and robots to sophisticated chatbots like GPT. While the...
7 Ways High Earners Can Reduce Taxable Income
Tax savings—a universal pursuit that unites individuals across various income brackets. While everyone seeks to optimize their financial health by minimizing tax liabilities, the stakes...
Will You Pay Higher Taxes When You Retire?
The question of how much tax you will pay when you retire is a common one. A lot of people assume that taxes generally decrease...
5 Key Actions to Ensure You Can Retire
Imagine a future where your golden years gleam with possibilities, a time filled with leisure, travel, and hobbies once sidelined by the demands of a...
Mistakes to Avoid When Funding a Backdoor Roth
When assessing how much savings you need to retire comfortably,exploring various strategies to enhance your nest egg is essential. One such strategy is leveraging a backdoor...
6 Financial Investment Trends Retirees Should Consider in 2024
2024 is set to witness a significant transformation within the American workforce. An impressive 22% of working Americans are eyeing retirement this year, bringing to...
Should You Keep Your Money with Your Employer’s 401(k) Plan After You Retire?
One critical financial decision looms large as you approach retirement - how does a 401(k) work when you retire? Knowing what to do with the nest...
How A Financial Advisor Can Help With Charitable Donations
Charitable giving is a powerful tool that allows you to make a positive impact on the world while benefiting financially. However, navigating the complex world...
