7 Steps to Becoming a Retirement Millionaire
Becoming a millionaire is totally possible. Yes, even if you aren’t making six figures a year. The bad news is, it might not happen until you hit retirement, and even then, it’ll only happen if you plan diligently throughout your working life. But don’t let that dampen your spirits. The road to becoming a retirement […]
Your 2020 Guide to Tax Credits
Nobody likes paying more tax than they have to, and tax credits are one of the most effective ways Americans can reduce their tax liability and boost their tax refunds. In fact, Americans use tax credits to save billions of dollars on their taxes every year. However, some of the most common tax credits aren’t […]
This Simple Tax Move Can Spare You Penalties
The simplest of dance moves is the head nod — it’ll get you through any wedding without embarrassment. And the simplest of tax moves? Reviewing your W-4 annually to get through any tax year without penalties for underpayment. A 2018 report from the Government Accountability Office estimated that 30 million U.S. taxpayers would owe taxes […]
7 Simple Tricks for Saving More Money
Most of us would probably like to be saving more money, as most people have not saved very much for retirement. About half of people aged 35 to 44 have less than $25,000 saved for retirement, per the 2019 Retirement Confidence Survey — and 23% of those aged 55 and older have saved less than […]