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The Tax Man Cometh: Ever Wonder How He Spends Your Money?
The Tax Man Cometh: Ever Wonder How He Spends Your Money? Every year you repeat the same tired task. You collect all your receipts forms, and related tax information and either settle in for a marathon self-preparation session, or you hand it all over (along with a few hundred bucks, give or take)…
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IRAs/401(k)s/403(b)s
Could An IRA, 401(k), Or Any Other Qualified Plan Be Your Only Retirement Savings Solution? Absolutely not, here is the problem… The money in your IRA/401(k) or other qualified plans is not all yours! As much as 40% of it (maybe more) belongs to the government because your invested money is ONLY tax-DEFERRED, not tax-EXEMPT. …
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2012: New Year, Same Advice
We have all been conditioned by the financial services industry to ask the question, “What will the markets do in the new year?” There is always someone in the financial services industry who will attempt to answer that question with some prediction. Sometimes they guess right, but more often than not they guess wrong. Our…