Oct 2, 2024
Most Americans have at least some of their retirement savings sitting in workplace retirement plans like 401ks, 403bs, SEP-IRAs and the like. And when you leave a job, due to a retirement transition or not, many people wonder what they should do with the savings they’ve accumulated in the plans.
We’ve noticed that...
Sep 4, 2024
Downsizing from your large, long-held family home is a popular concept for retirees, but may not always be the best choice. Even though smaller homes are less costly & easier to maintain, giving up your family's major meeting venue may not be the best choice. This week we respond to a listener question on whether...
Aug 28, 2024
Mailbag Question:
“I’d like to give more money to a couple different charities this year, but my tax person said it wouldn’t help my taxes. Is there a way I can make a gift that reduces my taxes?”
Intro:
“There are a ton of different ways to give to charity, but not all of them will help you on your taxes. ...
Aug 21, 2024
Mailbag Question:
“Everything I hear about Social Security is bad, and it sounds like the program will run out of money in a few years. Is there a good reason I shouldn’t file for benefits now before the money runs out?”
Intro:
“Many retirees are concerned about the state of Social Security, and some of them...
Aug 14, 2024
It’s no secret that the IRS is underfunded right now. It takes most taxpayers months to receive refund checks, and most would rather go to the dentist than wait on hold to talk with the IRS.
Our guest this week is Tom Nally, who’s recently launched Tax Now to help taxpayers and their professionals navigate this...