Given how much we pay in FICA tax each year, all of us have a right to eventually collect Social Security. If the government didn't charge us a Social Security tax each year, we could invest the money, use the money to save up for a down payment on a house, or spend it to live...
For example, early retirees may want to tap their retirement accounts before Social Security kicks in.“The gist is that you take the payments and you pay the taxes, but you pay no penalty even if you’re 52 or 53 years old,” Gordon says....
What's more, your plan must consider the IRS levy to be a "hardship exception" to the 10 percent early withdrawal penalty. For this to occur, the IRS must place a levy on the 401(k) plan in question, rather than place a general levy on all of your assets. If you are age...
Why can’t I use the money to pay for my daughter’s college expenses? Question: Is there a law that says my employer may prevent me from taking a loan on my 401(k)? Or is it my right? Question: My dad is trying to take money out of his 401(k) because he was laid off ...
👍 Fix Your Retirement Finances - Use the Bucket Strategyhttps://youtu.be/AVRItboxE7Y👍 How to Recession Proof Your Investmentshttps://youtu.be/Qq1m16_Povw👍 Retirees Spend Less When They Retire -- How to Retire With Less or Retire Earlyhttps://youtu.be/2c-lDFZPtOQ👍 Retirement...
In a statement, Amazon said it has been implementing new safety measures over the past several weeks and will continue to do so. “The health and safety of our employees is our top priority,” an Amazon spokesperson said. “Since the early days of this situation, we have worked closely w...
Followers of those we are fighting in Iraq have been actively waging war on us since the early 80?s. Whether or not Republicans win in 08 should not be yours or anyone else?s concern. What is important is the future of are country and those living in it. Nether side as offered a ...
I’m a young woman in my early twenties struggling to make ends meet. My parents are dead & I put myself through school–first community college while working full time, then a 4-year program, again while working nearly full time. I had no parents to help start me off. I’m doing ...