RetirementGuyApr 11 minEasy to use Payroll Withholding CalculatorUse the 2021 W-4 Tax Withholding Calculator and optimize your paycheck tax withholdings and update your W-4. Input your information in...
RetirementGuyMar 261 minNow Is the Time to Convert Your Traditional IRA to a RothTHE IMPACT OF THE pandemic along with low tax rates makes 2021 an opportune time to convert a traditional individual retirement account...
RetirementGuyMar 111 minHow to Minimize Social Security TaxesRetirees with low incomes or whose only source of income is Social Security generally don't pay income tax on their Social Security...
RetirementGuyMar 42 minBeware Scams at Tax TimeHere’s what to know and how to protect yourself. Identity thieves often swipe your bank or credit card account numbers, birth date...
RetirementGuyFeb 101 minRMD Strategies to Help Ease Your Tax BurdenMany people who save money in traditional 401(k)s, Individual Retirement Accounts (IRAs) or other tax-deferred investment vehicles do so...
RetirementGuyFeb 41 minHow Are Revocable and Irrevocable Trusts Taxed?For the most part, trusts don’t pay taxes on their income, instead passing the income through to the trust beneficiaries. But when they...
RetirementGuyDec 24, 20201 minTax Management Tips for Investment PortfoliosOne of the most effective avenues to a secure retirement is appropriate tax management. CIO John Cunnison points out strategies that...
RetirementGuyDec 10, 20201 minHow to Turn Your Retirement Savings into Retirement IncomeI have been working a long time on retirement planning that creates more and safer income for retirees. So long, in fact, that I...
RetirementGuyDec 1, 20202 minCaution: Four Tax Break Deadlines Rapidly ApproachingThanksgiving is behind us, and the end of the year will be here soon. (Many of us are truly thankful for that!) This is a good time to...
RetirementGuyOct 15, 20202 minSocial Security TaxesAs you likely know, every time you get a paycheck: 7.65% of your wages are subtracted from your paycheck and go to Social Security and...
RetirementGuyOct 8, 20201 minLump Sum vs. Annuity: Which Should YouTake?If you’re lucky enough to win the lottery or have a pension plan, you may need to decide whether you want to take your earnings in a lump...
RetirementGuyOct 7, 20201 min7 Important Questions a Financial Plan Can Help You AnswerOctober is the month for fall colors, a chill in the air, Halloween—and financial planning. Yes, October is National Financial Planning...
RetirementGuyJul 23, 20201 minRoth IRA Conversions Are Surging. Here’s Why This Savings Strategy Is So Popular Right NowWhen the coronavirus sent stocks tumbling in March, it was a perfect time to convert a traditional retirement account into a Roth. But if...
RetirementGuyJul 15, 20201 minHow Does the SECURE Act Impact Saving After Age 70?According to a recent GALLUP survey, 63% of Americans plan on working part-time in retirement. And I think that makes a lot of sense....
RetirementGuyJul 9, 20203 minIRS Offers Disaster Relief, Including More Time Additional time and faster refunds for FEMA-designated disaster areas When the federal government declares a location to be a major...
RetirementGuyJul 2, 20204 min Ways Taxes Will Eat into Retirement Savings[From Bob's Library] The Motley Fool 3 Maurie Backman There's a reason workers are advised to save aggressively for retirement. Though...
