Figuring out how much you should save for retirement can seem more like an art than a science, especially if you’re unclear about critical planning variables. That’s why having a benchmark for the amount to save by age can be helpful. On this recent episode of my long-standing finance ...
Retirement. The word sounds so good to so many people because of what it implies: a life of leisure, free of the daily grind of workdays that last at least eight or nine hours and as many as 10 or 12 if you are unlucky. But there is one thing from which
Photo byCamylla BattanionUnsplash Clean parking lots This is a side hustle you may have never heard about and it’s quite unique. You can clean parking lots and earn money for tidying up areas outside businesses. My friend Brian has been doing this cleanup business for decades and always re...
By Ann Marie Breheny
which is never deductible and doesn’t conflict with having a workplace retirement plan. But if your income is too high to qualify for a Roth IRA, your only option is to make non-deductible traditional IRA contributions. To help with the recordkeeping, you must fileIRS Form 8606,Nondeductib...
TurboTax Online: Important Details about Filing Simple Form 1040 Returns If you have a simple Form 1040 return only (no forms or schedules except as needed to claim the Earned Income Tax Credit, Child Tax Credit or student loan interest), you can file for free yourself with TurboTax Free ...
When faced with saving for college and retirement, you should focus on retirement first, but also set up a 529 college savings plan for your children as early as possible to gain that coveted interest growth over time.
After doing some, um, product testing at my friend’s house and a bit of online research, my husband and I began to think that getting a bidet might not be a bad idea. When we saw the integrated seats for sale at Costco, we figured the time had come toshit or get off the potbuy...
The Republic of Indonesia offers a retired or senior citizen visa that is good for one year and may be extended for as many as five additional years. It doesn’t specify an age requirement, but it does require proof of sufficient financial resources in the form of a bank or pension fund ...
This calculation only takes into account your basic salary. It does not include overtime, bonuses, or other extra payments. Your years of creditable service are reported on the SF-50 form you receive at least once per year. Then, the agency you work for adds a 1% ...