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How to Minimize Taxes in Retirement

Savings Corner

When you’re a retiree, taxes can eat into your available income and leave you with less to live on. It’s important to remember that taxes don’t stop once you’re retired, but you can take steps throughout your working life to minimize your IRS obligations later.

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What Is Financial Planning? | Bankrate

Savings Corner

These areas range from the basics such as budgeting to more complex areas such as saving and investing for retirement as well as estate planning for the distribution of your assets. Need expert guidance when it comes to managing your investments or planning for retirement? Investments – How can you save and invest to grow wealthy?

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Capital Gains Tax: Meaning, Rates and Calculator

Savings Corner

If you’re thinking of diving into investing or selling a capital asset, it’s important to get acquainted with the term “capital gains tax” before you begin wheeling and dealing. What is capital gains tax? A capital gains tax is a tax on the profit from the sale of an asset. Tax Filing Webinar: Jan.

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Building Your Investment Portfolio the Right Way

Prairie Eco-Thrifter

With index or bond funds, you’ll see performance that is more consistent with less decline for a minimal amount of risk involved. Consider Tax Implications. There will be times when you will want to sell assets when rebalancing your portfolio, but tax implications for selling can be high. Look into Index or Bond Funds.

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Mortgage Refinancing: What Is It And How Does It Work?

Savings Corner

Here’s how refinancing a mortgage works, the common options available to you and pros and cons to consider. How does refinancing work? Here’s generally how it works: The lender will do a credit check. With refinancing, you can change the loan type as well as your lender. What is refinancing? Here’s a breakdown of each.

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Yakezie Carnival – Credit Cards Edition

Prairie Eco-Thrifter

This is not something I want to see, so today I have a few videos for you that will dispell credit card myths, teach you how to use them properly, how to keep them safe, and how to make sure you should be getting credit in the first place. Hello and welcome to this week’s Yakezie carnival. Take a moment to watch them.

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23 Passive Income Ideas To Help You Make Money In 2023

Savings Corner

And if you’re worried about being able to save enough of your earnings to meet your retirement goals , building wealth through passive income is a strategy that might appeal to you, too. Many people think that passive income is about getting something for nothing,” says financial coach and retired hedge fund manager Todd Tresidder. “It

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