According to the National Retirement Risk Index created by Boston College’s Center for Retirement Research, 52% of households will see their standards of living fall if they opt to retire at age 65, up from 30% in 1989. The drop-off has been driven by a host of factors, including rising life expectancies, falling bond yields, the disappearance of traditional pension plans and the rise in the full retirement age for Social Security benefits. The Wall Street Journal offers some tips on living better in retirement.
A checking account isn’t just a checking account anymore — it can do so much more. Aside from paying your bills and funding everyday expenses, a good checking account can help you save money and reach your financial goals.
There are already many ways for students to get help in paying for community college, here are a few tips from CNNMoney.
IRS FreeFile is now available. Free File is available only at IRS.gov/FreeFile, thanks to a partnership between the IRS and the Free File Alliance, a consortium of 14 leading tax software companies that make their branded products available for free. Free File software can help taxpayers with tax preparation, including the health care law that will affect almost everyone.
A taxpayer who is without minimum insurance coverage and is not eligible for an exemption, is liable for a tax penalty. Information on exemptions is here. Line 61 on Internal Revenue Service Form 1040 or Line 38 on the 1040A tax form requires taxpayers to self-declare whether they had health care coverage in 2014. IRS Publication 5187 on the Health Care Law.
Annuities, at their simplest, are money turned over in the present to be distributed later, often in a stream of monthly checks. But fixed indexed annuities are something else entirely.
If your application gets rejected, it’s natural to feel a little miffed – especially when you’re not sure why you were denied. Here are five common reasons credit card applications get turned down.
Want to make good on your New Year’s resolution to improve your personal finances? Grab your calendar, it can be an incredibly effective financial planning tool.
Yes, sometimes your taxes do go down! Here’s a bulletin explaining the recent tax decrease.