Savings Corner

DECEMBER 27, 2023

For example, many employers match 50% of your contributions, up to 6% of your salary. Your contributions are made pre-tax, and they and your investment earnings grow tax-deferred. You’ll be taxed on distributions in retirement. That means your investment earnings grow federally tax-free.

Calculators 40

Calculators Taxes Money T-Mobile 40

Prairie Eco-Thrifter

JUNE 11, 2012

Each one comes with advantages and disadvantages; the trick is to limit the disadvantages to achieve the best result. Another advantage with bonds is that you can get started with a relatively small amount of money. One of the best ways to invest for your retirement is taking advantage of the tax incentives of retirement accounts.

Taxes 187

Taxes Goals Advantage 401K 187

Prairie Eco-Thrifter

JANUARY 12, 2014

Examples of financial advisor suggestions that would have steered my family wrong: An estate trustee at a bank recommended selling off Chevron stock that my Aunt owned “because it is too risky”. Vanguard’s Personal Financial Planner thought I should change invest all my retirement money in bonds when I moved it from my 401K to an IRA.

Money 170

Money 401K Bank Banking 170

Prairie Eco-Thrifter

OCTOBER 15, 2011

Tax Rebate Blog: How Much Can you Earn Before Paying Tax in 2011 Tax allowances and brackets change each year. This post shows highlights how much you can earn before you need to pay tax. Here is a real life example. Sometimes it works to its advantage to give products or services away.

October 200

October 2011 Finance Personal Finance 200

Family Balance Sheet

MARCH 15, 2017

In October 2003, I left a career as a department store buyer with a nice paycheck, paid vacation days, 401k match, profit sharing, and health benefits, to pursue a life of self employment with my husband where all of those things are up to us. For example, at that time, maternity was not included in any individual plan.

Health Insurance 100

Health Insurance Insurance Health 2003 100

Prairie Eco-Thrifter

APRIL 6, 2012

PFP presents Investment Asset Tax Location posted at Pasadena Financial Planner , saying, ” As you move your cash, bond, and stock financial assets into lower cost, more broadly diversified investment mutual funds and/or ETFs, you should also consider how to “locate” your investment asset allocation with respect to more optimal taxation.

Money 133

Money Finance Personal Finance Real Estate 133