When it comes to taxes, we all have to pay the piper. In this case, the piper is Uncle Sam. So, even though you’ve seemingly already paid your fair share, your taxes aren’t going to necessarily be any lower in retirement. And, this also applies to annuity owners.Annuity Taxation 101Annuities are taxed by the IRS based. And, the tax is almost entirely calculated on how they were … [Read more...] about Understanding Annuities and Taxes: Mistakes People Make
Crypto As Part Of Your 401(k): The New Way Of Doing Things, Or A Horrible Idea? – Forbes
Crypto As Part Of Your 401(k): The New Way Of Doing Things, Or A Horrible Idea? Forbes … [Read more...] about Crypto As Part Of Your 401(k): The New Way Of Doing Things, Or A Horrible Idea? – Forbes
Celebrity birthdays for the week of Aug. 22-28
Celebrity birthdays for the week of Aug. 22-28 Aug. 22: Newsman Morton Dean is 86. TV writer/producer … [Read more...] about Celebrity birthdays for the week of Aug. 22-28
Social Security Isn’t Enough: Americans Should Invest in a Roth IRA
When Americans reach retirement age, it is expected that they will file for Social Security, which pays a reliable monthly benefit for the rest of their life. The program, created by President Franklin D. Roosevelt as part of the New Deal in 1935, was regarded as an effective anti-poverty program for elderly Americans, and quickly became one of the most popular government … [Read more...] about Social Security Isn’t Enough: Americans Should Invest in a Roth IRA
5 Tips for Planning for Your Family’s Financial Future and Creating Generational Wealth
You don't have to be on the Forbes list in order to be smart about planning for your family's future, generations down the line. There are valuable tools to leverage including 529 accounts, estate planning, and life insurance, but it's also critical to build financial literacy skills. In this Motley Fool Live video recorded on July 23, Fool.com editor Desiree Jones speaks with … [Read more...] about 5 Tips for Planning for Your Family’s Financial Future and Creating Generational Wealth