Filing your taxes as a W-2 employee can be overwhelming. But, when you’re self-employed, the labyrinth of paperwork and potential tax deductions creates a tax situation that’s enough to give even the most laid-back freelancer heartburn. Whether you’re […]
It’s been over a decade since the recession of 2008. Some experts suggest we are due for another one. Are they right? And, if so, what signs point towards a recession, and how can you […]
Many retirement-age Americans carry debt that looms over their finances, making it difficult to stop working and truly enjoy their golden years. A LendingTree study found that seniors in the 65-70 age group carry $22,471 […]
More money, more problems. Until you have that problem, though, it’s best to stick to these five simple rules to help you master money the way Biggie mastered rap. If you stick to these rules, […]
In 2019, 64 million Americans were estimated to have received Social Security benefits, and for more than half of elderly beneficiaries, Social Security represented over 50% of their income. Nonetheless, a recent SimplyWise survey found that less than […]
You might be imagining retirement as a completely different life from your working years: enjoying the hobbies you never had enough time for; spending long, fun-filled days with your grandkids; traveling wherever and whenever the […]
While few people want to pay anything at all, there are ways to pay less. Tax deductions and tax credits can help you save money in tax season 2020. Deductions lower your taxable income (and […]
Times have changed since baby boomers were young. Despite this, the money lessons they learned throughout the years still apply. Many xennials, on the cusp of Generation X and millennials, could improve their finances if they […]
Phil Moeller, the author of Get What’s Yours for Medicare: Maximize Your Coverage, Minimize Your Costs and co-author of the updated edition of How to Get What’s Yours: The Revised Secrets to Maxing Out Your Social Security, answers […]
It’s no secret: seniors are working at historic rates. Almost a quarter of seniors are now in the job market, up 18% from 10 years ago, and the Bureau of Labor Statistics expects this to increase over the […]