Financial Planning

Sponsored By: Honest Dollar by Goldman Sachs

It’s a Win-Win: You May Save on Taxes While You Save for Retirement

How’s this for a sweet deal: With one move, you may reduce your federal income tax bill and take an important step toward financial security in retirement. Those are two potential benefits of making a contribution to a Traditional Individual Retirement Account (IRA). Your contribution can help you accumulate money for later in life and ... Read more

Tax Tips

New Year, New Tax Implications

It’s a brand new year and new tax laws were signed into law over the holidays, but one thing to keep in mind is that for the vast majority of taxpayers, the new tax laws do not affect their 2017 taxes (the ones they file in the first months of 2018). Although not much has ... Read more

Tax Tips

Be the First In Line for Your Tax Refund

Mark your calendars! The IRS announced today that they will begin accepting e-filed tax returns on Monday, January 29, 2018. You can get started now and be first in line for your tax refund. TurboTax is already accepting tax returns and will securely hold them until the IRS opens. Last year, about 75 percent of ... Read more

Money Audit

Money Audit: Can I Retire Early?

Mint devotees James, 51, and wife, Carol, 43, hope to mark 2018 as the year they achieve what many only dream of accomplishing: retiring early from the daily grind. He’s a technical manager and she’s a self-employed real estate agent residing in Birmingham, Alabama. Their net worth totals $1.66 million (not including their mortgage-free home). ... Read more