We have almost reached the deadline of this long tax season. Normally, personal tax returns are due by April 15. Because of the pandemic, the due date was extended until July 15.For any procrastinators out there, you can file an automatic extension form to extend your due date until October 15. ...
When our fathers and grandfathers retired, they were often promised a defined pension by their employers. Depending on factors such as number of years worked and average three-year-high pay, they would receive a monthly pension check for their entire retired life.Often, they could leave half to ...
As people start planning for retirement, there are a number of decisions that they must make.One of the first steps is deciding what ideal retirement will look like. Many baby boomers have a different goal than their parents had. Merrill Lynch surveyed affluent boomers between the ages of 46 ...
What is going on in the economy? We have never experienced anything like the last few months. Unemployment went from the lowest level in 50 years to the highest since the Great Depression in 1929.The essential business classifications that forced many businesses to close favored larger ...
Whether you were already planning to retire or might need to do so earlier due to COVID-19, understanding Social Security is an important first step. It is one of the most valuable retirement assets you can have. You have been paying into SS starting with your first job. Both the employer and ...
The coronavirus pandemic has created many challenges. We went from the lowest unemployment rate in 50 years to the highest in a matter of weeks.Many people did not have enough emergency funding available to hold them over until they received stimulus checks or unemployment benefits. Today, we ...
