Saving For Medical Expenses With An HSA
Health savings accounts (HSAs) let you save money to cover the cost of a wide range of qualified medical expenses. HSAs offer a trio of tax advantages, and you can invest money saved in an HSA in markets for better returns on your contributions. Just note that HSAs are only available if you have a […]
Worry About the Right Thing With Estate Taxes
Death and taxes may be the only certainties in life, but death taxes are only a remote possibility for most people. The vast majority of Americans won’t ever have or…
What Is Social Security?
If you receive a paycheck, you’re probably well acquainted with a little line item that says “Social Security Tax.” Although many people most associate it with our nation’s troubled retirement financing infrastructure, Social Security still provides income and benefits to older Americans and those who can no longer provide for themselves due to disability. How […]
How Much Social Security Will You Get In Retirement?
Since its inception in 1935, Social Security has been a key source of retirement income for older Americans. Despite the program’s enduring popularity, many potential beneficiaries have no idea how much money they can count on from Social Security once they retire. Here’s how to figure out how much you may earn from Social Security […]
Top 7 Tax Benefits Of Parenthood
Congratulations! You have just been handed your first little bundle of joy in the hospital and have embarked on the long journey of parenthood. It is a trip full of joyful experiences that make the corresponding aggravations worthwhile, and it comes with many benefits — some of which are tax-related. You can look forward to taking advantage of these child-related deductions and benefits.
- Earned Income Tax Credit (EITC) – Designed to help lower income taxpayers, the EITC is a tax credit that is scaled along with income and the number of dependents claimed. See IRS Publication 596, "Earned Income Tax Credit (EITC)" for details on qualifications and the scaling criteria. T...
3 Reasons You Shouldn't Invest Like Billionaires Do
You actually have some advantages over those with tons of wealth to invest.
Should You Buy A QLAC To Reduce RMDs?
One dubious reward for doing a great job with your retirement savings is bigger tax bills in retirement. Even if you don’t need to take money out of your carefully funded retirement accounts, the feds insist that once you turn 72, you start taking required minimum distributions (RMDs). Every dollar you take out of your […]
Is It Time to Buy the S&P 500's 3 Worst Performing February Stocks?
The marketwide tide isn't sweeping whole groups of stocks higher and lower anymore, allowing investors to focus on individual companies again.
I Was Waiting for a Pullback to Invest. Here's What Changed My Mind
The best time to invest is right now.
Should Investors Be Stashing Cash Right Now?
The major stock market indexes are near their all-time highs and share valuations aren't cheap.
Don't Let These 3 Social Security Surprises Ruin Your Retirement
Consider this your warning that some aspects of Social Security may throw you for a loop.
5 Essential Tips to Get Started With DIY Investing
It's easier than you may think to begin investing in the stock market.
5 Simple Steps to Beating the Market in 2021 (And Beyond)
You don't need to be rich or a genius to beat the market and build more wealth.
Should You Buy SPACs After Their Crash?
Special purpose acquisition companies can be lucrative, but you have to be aware of the risks.
Hearing set for Empire District Electric pilot program request
The Missouri PSC sets a hearing as Empire District Electric proposes pilot programs.
