There is no increase in your retirement benefit for waiting beyond age 70. If you wait until age 72, you will simply give up two years of retirement benefits. You should, of course, wait until 70 if you can afford to, since your benefit will be 32 percent higher than if you were to take benefits now, at age 66.
Taxes can be complex for American citizens, but the regulations get even more confusing for non-resident aliens. A resident alien files Form 1040 whereas a nonresident alien files Form 1040NR, which looks similar to the 1040, but the rules are different and more tricky. More more information on whether you need to file taxes or not check out this article.
There’s one event that we don’t plan for, yet it’s guaranteed: our funeral. Thinking about death and your own funeral leaves most people feeling a little uneasy, but not being prepared can leave survivors with added financial pressures as they work through their grief.
The goal of most millionaires is two-fold: to keep getting richer and to protect the riches they’ve already earned. Martin Graham, chairman of Oracle Capital Group had five principles to better manage your money.
Can’t shake a cold? One option is to visit the clinic in your local pharmacy. Such clinics are priced at a discount to your local doctor’s office. The Wall Street Journal has some tips for when a retail clinic is all you need.
Assuming you are getting a tax refund, what should you do with the money? US News & World Report has eight ideas for your money.
What you don’t know about your 401(k) could hurt you. The Wall Street Journal has a list of the top mistakes you should avoid with your 401(k).
Find government information in managing your finances, including credit, debt, home ownership, money management, retirement and estate planning and more at USA.gov.