Many Americans don’t realize that Social Security provides medical, disability and dependent coverage for parents, spouses, children and themselves. Do not lose hope for social security. While there are funding…
New strategies designed to help small-business owners save for retirement or pass down their companies to heirs can make sense for some people but also carry risks. Many retirement-plan options…
According to the Federal Reserve’s Survey of Consumer Finances (SCF), a typical worker who ends up at retirement with earnings of slightly more than $50,000 and who contributed 6 percent…
Money is a common cause of conflict among couples. Blend your financial lives successfully, and you are more likely to have a happy marriage, according to Cathy Pareto, a financial…
Many companies are revamping their retirement savings programs and employees need to revise their financial plans to protect their nest eggs. What's the best way to do it? First, do…
When you become self employed, you must decide what form of business entity to establish. The basic categories include sole proprietorship, partnership, C corporation, LLC (Limited Liability Company) and S…
Have you tried to budget but have been unsuccessful? There’s no one-size-fits-all method of budgeting. The trick is to craft a plan that helps you make sense of your spending…
Think again before you throw away all the receipts and paperwork associated with preparing your tax return. You might need some of that documentation if you get audited; without it,…
Congress has a long history of using the Tax Code to encourage certain types of behavior. The Tax Code has many tax credits, deductions and other incentives — some well-known,…
As your life changes, so does the set of tax rules that affect you. Depending on the life event, there are new opportunities and pitfalls to avoid as your life…
