Tag Archive for: 401(k) accounts

Seven Tips These Experts Recommend if You Fear Capital Gains Taxes

The gains you make on investments can help fund further investments, help you save for a project you’re taking on or even contribute to your retirement. Many people are nervous to invest though because of the potential capital gains taxes they’ll have to pay — or the taxes owed on any profit made on the sale of a particular investment. Financial and investment experts, however, say this fear shouldn’t keep you from investing and explain why as well as give their best advice.

What Are The Tax Rates For Different Types Of Retirement Income?

Your IRAs, pensions, taxable accounts and Social Security distributions create various tax implications. So, it’s vital to understand them and implement strategies to reduce your tax liability and maximize your retirement funds.

Will There Be A Recession In 2022? How To Prepare Now

With mounting anxiety about an impending recession in the US, you may be concerned, or at least a little curious, about what this may mean for your finances. So how do you best prepare, save, invest and generally make smart money moves in these uncertain times? For some guidance to help navigate through this difficult financial period, CLICK ON THE HEADLINE

The IRS Is Rewarding Retirement Savers With Up to $2,000. Do You Qualify?

It may sound too good to be true, but the Saver's Credit has been around for almost a decade and has allowed many people to earn a tax break while boosting their retirement savings. CLICK ON THE HEADLINE FOR MORE

Here’s Why 40% Of 401(k) Savers Could Lose Out On Lots Of Money

Contributing to a 401(k) plan is one of the most efficient…

3 Tax Moves You’ll Want To Make After Election Day 2020

It's imperative to watch the election with your tax situation in mind. Once the results are in, you should be prepared to take prompt action in three areas that could see dramatic shifts no matter who emerges victorious. CLICK ON THE HEADLINE FOR MORE