Spring is finally here! You know that what means…Spring Cleaning! Some people love it, some hate it, but either way it is a great way to say “out with the old and in with the new.” Spring Cleaning is basically just trimming away the excess, updating, and even evolving. It’s a great idea to do […]
March Madness is here! The NCAA college basketball tournament is the second largest grossing sports event in America, slightly behind the Super Bowl. Though the tournament is set to begin on Tuesday March 17th, the real March Madness has already begun: tax preparation and planning! Proactive tax planning means more than completing your tax return […]
While supporters of President Obama’s 2016 Fiscal Budget say the budget will make it easier to save for retirement, the proposal is giving mixed messages when it comes to retirement planning. I have identified eight budget provisions that would have a negative impact to many retirement accounts.
Long-time federal workers have a unique opportunity for tax-free retirement income…but immediate action is vital. Under President Obama’s proposed budget, aftertax rollovers to Roth IRAs will end next year. Throughout 2015, Civil Service Retirement System (CSRS) and CSRS Offset employees can still lock in the benefits. THE REWARDS OF ROTH IRAs Savvy investors understand the advantages of […]
The debt crisis that the US Government and individuals face is a pressing issue. This crisis needs to be confronted for the financial health of the United States. We complain about taxes now… they could get a whole lot worse. David Walker, President and CEO of the Peter G. Peterson Foundation and former comptroller general of […]