There are fewer tax breaks on the horizon as you get closer to retirement, says Wayne Fisher of Fisher Financial Tax & Insurance Solutions.
If you’re saving money in a government-recommended retirement plan such as a traditional IRA, 401(k), or 403(b), you’ll eventually have to pay taxes on that money—and the tax rate may be much higher than you expect.
“Per David Walker, the former US Comptroller General, we’re heading to a future where we’ll have to double federal taxes or cut federal spending by 60%, which makes tax-free look pretty good, right?” says Fisher.
Pharmacies are good places to find medicine and numerous other practical items. However, some things…
Money is one of the most common sources of stress in the United States. In…
Bad spending habits — most of us have at least a few. In fact,…
You don’t have to spend big bucks to increase your home’s value. In fact, lower-cost…
When I spotted a garage sale sign yesterday, I had to circle the block after…
The expenses that come with buying, renovating and decorating a home can add up, but…