Remove Food Remove Pension Remove Taxes
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Ten Upsides of Inflation

Money Talk

Not surprisingly, much of the news was negative; e.g., soaring prices for food, gas, utilities, cars, insurance, and more. This includes Social Security recipients, retirees with COLA-adjusted pensions, and workers with COLAs stipulated in their job or union contracts. When bracket incomes rise, people may be taxed at lower tax rates.

401(k) 246
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Planning Ahead for Widowhood: Changed Income and Expenses

Money Talk

A married couple has four monthly income streams: $2,500- husband’s pension, $2,000- husband’s Social Security, $800- wife’s pension, and $1,500- wife’s Social Security for a total of $6,800 ($81,600 annually). The wife’s pension and Social Security would go away, however, which could still result in a decrease in household income.

Pension 162
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Financial Aspects of “Unretirement”

Money Talk

Tax on Social Security Benefits - Income from unretiring may push older taxpayers into the income range where tax is due on a portion of Social Security benefits. Tax Withholding Adjustments - Adding income from employment to what could be multiple streams of income in later life (e.g., food, gas, utilities, housing, etc.)

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Make the Most of Free Money

Money Talk

Free money does not have any work requirement, however, and is often income tax-free. 50% for a fifty cent per employee dollar saved match) and is taxed as ordinary income in retirement. Like inheritances, life insurance is generally not subject to income tax. If they didn’t discover their tax error, they would not have it.

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Highlights From a Women’s Retirement Class

Money Talk

pension, Social Security, annuities, dividends/capital gains, full- or part -time employment, self-employment) minus fixed (e.g., gas, food, and gifts), and occasional (e.g., Baby Boomers were “guinea pigs” for the use of 401(k)s, often as a substitute for defined benefit pensions. rent and car payments), variable (e.g.,

401(k) 159
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More Thoughts About Inflation

Money Talk

In informal polls of my students, LinkedIn connections, and Facebook friends, higher expenses that stood out to them were food (e.g., $5+ lawn care, tax preparer, hair dresser), natural gas for home heating, electricity, and auto and homeowners insurance. pensions, Social Security, annuities) can “ride it out.” 5+ for 12 eggs!),

Finance 186
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Rethinking the Gig Economy

HR Digest

On-demand food delivery platforms are also influencing consumption patterns. They have also shifted the relationship with cafés, bars, and restaurants through the establishment of ‘dark kitchens’ where food is no longer prepared in a kitchen, but in special delivery units, often hosted by shipping containers.

Food 117