The federal government offers some major tax breaks for older Americans. Some of these perks deserve more publicity than they receive. At age 65, the Internal Revenue Service gives you a larger standard deduction. For 2020, standard deductions look like this for taxpayers 65 and older: …
Retirement
Get a Raise Recently? Watch Out for the Creep Around the Corner
The economy is healthy and the job market is fiercely competitive for employers looking to maintain workers or hire. That’s a perfect recipe for a raise in salaries and wages, and indeed, we’re seeing it with many of our clients. We’re not just talking a percent or two. In some cases we’re seeing …
3 Things Clients Do That Make Us Sad
Seeing you succeed in your financial life is our greatest joy as financial professionals. There is simply nothing better than watching a client set a goal and giving them the tools to accomplish it. The rewards are so rich; kids going to college, the peace of a secure retirement, the ability to …
