Required Minimum Distributions Explained
When you put money into your TSP or other tax-advantaged retirement accounts, the contributions you make have not been subject to income...
End-of-Year Tax Strategy
The year is quickly drawing to a close, so it’s important to take a moment and review your tax strategy. Though it might seem daunting...
Finding Balance in Your Balance
It’s no doubt reassuring to log in to your checking account and find a healthy balance, but when that amount gets too high, it might be...
HELOCs – Powerful Tool or Risky Gamble
As inflation and rising costs continue to plague consumers, home equity lines of credit (HELOCs) have surged in popularity, with balances...
Student Loan Forgiveness For Public Service Workers
In 2007, Congress passed the College Cost Reduction and Access Act. Included in this bipartisan act aimed to ease the burden of student...
Medicare Part B Premiums & Deductions Expected To Increase
Even though the 2025 increases for Medicare Part B coverage have not been officially announced by the CMS, reliable sources have estimated...
Understanding Taxable Income vs. Earned Income
When it comes to taxes and benefits, it’s essential to understand the difference between taxable income and earned income. Earned income,...
IRS Announces Inflation-Adjusted Tax Brackets For 2025
Each year, the Internal Revenue Service (IRS) adjusts income tax brackets to offset inflation. Since inflation is currently lower than in...
5 Crucial Reasons To Purchase Long-Term Care Insurance
The United States is in the midst of a Long-Term Care (LTC) crisis as more and more Baby Boomers reach the age they’ll most likely need...