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My Final Quarterly Webinar Summary of 2024

Money Talk

As 2024 winds down next week, its time for my final quarterly summary of take-aways from recent personal finance classes, conferences, and webinars that I attended. Also, with tax-deferred retirement plans subject to RMDs, savers are in a partnership with the IRS. paycheck, interest). Investors should also review their portfolio (e.g.,

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Barbservations from Three Retirement-Focused Webinars

Money Talk

I recently attended three webinars related to retirement planning. If taxpayers are near the top of a marginal tax bracket , RMDs can move them up to a higher tax bracket. Use of RMD Withdrawals - A chunk will pay income taxes. Managing income tax and IRMAA income brackets is a key challenge for these taxpayers.

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Ten Tax Planning Tips for 2022

Money Talk

Now that 2021 income tax season has been over for a month and the dust has settled, it is time to start some serious tax planning for 2022. Planning now provides seven months to take action and/or implement changes to avoid a stressful “tax scramble” at the end of the year. assets that are taxed in different ways).

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Five Ways for Women to Take Charge of their Financial Futures

Money Talk

I recently attended a webinar about women’s finances presented by the FINRA Investor Education Foundation in cooperation with the New York Public Library. The webinar began with a justification for focusing on financial planning for women. 57% of men) ¨ 59% of women feel anxious about their finances (vs. 52% of men) ¨ 48% of women (vs.

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Tax Planning Tools and Techniques

Money Talk

With 2022 income tax season well underway and almost three months already passed in 2023, now is an appropriate time to review some evergreen tax planning tools and techniques. A larger standard deduction means that taxpayers can shelter more income from income taxes. an elective surgery) that exceed 7.5%

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Retirement and Taxes: "To" and "Through" Planning

Money Talk

If you picture retirement planning and taxes as a Venn Diagram, there is lots of overlap between these two areas of personal finance. This is true both during one’s working years (when taxpayers are saving for retirement) and later, when people are older and withdrawing taxable income from tax-deferred accounts.

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Get the best results from your benefit budget conversations

WEX Inc.

But employees remain top of mind for employers, with 55% of businesses saying they will not reduce salaries if there is a recession, and 47% saying they will not reduce benefits. In 2022, our annual employer survey showed that the biggest challenges employers face with benefits are within education.

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