Everything You Need to Know About the New Tax Form
Before the tax law overhaul, the Trump administration and Republican-led Congress touted a postcard-size income tax return form designed to simplify filing your taxes. In June, the Internal Revenue Service and U.S. Treasury Department released a draft copy of the new 1040 income tax form. However, critics say that while the tax return is shorter, […]
Credit-Builder Loans 101
Applying for credit for the first time is a bit like applying for your first job. People are hesitant to hire you because you don’t have any job experience, and you can’t get any job experience because nobody will hire you. In the case of credit applications, creditors are leery of extending credit if they […]
The best way to boost retirement income
Running out of money in retirement is a huge concern. And given that a large number of workers in their 50s and 60s are behind on savings, it’s a clear source of stress for those who don’t feel adequately prepared. The good news is that there are several tactics you might employ to boost your […]
How women can trim the retirement savings gap
Women put in a lot of free labor in the form of caring for loved ones — and that is costing them in retirement. A recent survey by the MassMutual insurance company found that women expect they’ll have a five-year income shortfall in retirement. Men, on the other hand, believe that their income will be […]