Debt Reduction and Finance News
Categories:
Passive Income,
Money Matters,
Debt Solutions,
Budgeting,
Retirement Plan,
Retirement Savings
What Will Your Teacher's Pension be Worth When You Retire?
As a teacher, you’re in a position of having some of your retirement planning done for you. You’re most likely paying a percentage of your salary into your pension, and when you retire from teaching, that will be your income. The question most ...
Categories:
Savings Strategy,
Debt Free,
Debt Solutions,
Debt,
Understanding Credit,
credit history,
Budgeting
The Impact of Paying Off Credit Card Debt
It doesn’t matter how it started. Credit card debt can be a crippling financial burden. For many, credit card debt was not something they thought they’d need to deal with long term. Maybe you made some poor decisions, but maybe these decisions were ...
A Teacher’s Guide to Planning for Retirement
Teachers are in a unique position when it comes to saving for retirement. Many public-school teachers automatically contribute toward a state teacher’s pension, and many assume that, because of this, retirement planning is essentially done for them. ...
Categories:
Money Matters,
Savings Strategy,
Debt Free,
Debt Solutions,
Budgeting,
Retirement Plan,
Retirement Savings
Being SMART about Tax-Aware Retirement
Since you’re here, you’re ready to start having a conversation about being SMART with your money. At Safe Money Partners we want to make sure our clients are SMART about their retirement planning. Being 'SMART' means making certain our clients will ...
Categories:
Money Matters,
Savings Strategy,
Debt Free,
Budgeting,
Retirement Plan,
Retirement Savings,
IRA
Setting Up For Tax-Aware Retirement Success
The government wants their "cut" and one way or another, Uncle Sam will get his money. When you take a disbursement from a traditional 401, IRA or qualified account Uncle Sam will be waiting with a purse in hand to collect the tax on your withdrawal.
Categories:
Retirement Plan,
Retirement Savings
What Tax Free Retirement Strategies are Available That You Can Use?
Everyone’s Situation Is Different What strategies are available that you can use? It depends on the overall situation, but working with a team of experts (Financial Planners, CPAs, Actuaries, Wealth Managers, and Estate Planning Attorneys) can help ...
Tax Aware Retirement Changes in 2025
Larger deductions WILL continue for most tax-paying Americans regardless of how many itemized deductions you may have until December 31, 2025. This is because of the standard deduction rate of $12,400 for individual filers in 2020, $24,800 for those ...
Getting Caught Sleeping on Your Retirement
Meet Chris and Amy. They are 42 years old, they have a house with a mortgage, 2 teenagers and together make $140,000/year at work. When their friends ask them how they save for retirement they excitedly respond ‘we participate in a 401K plan at work ...
