Topic: Tax Planning
Articles that discuss optimizing and minimizing taxes with regard to your retirement plan.
The 10 Best States for Retirement in 2024
March 21, 2024School of Financial Wellness
Where you retire can make a major impact on your retirement plan. Some states are better for retirees than others, so here’s our top 10.
The Evolution of Retirement Savings Accounts
March 15, 2024School of Saving and Investing
Retirement accounts have changed drastically from the pensions of the late 19th century to the plethora of options available today.
Key Financial Data 2024
January 3, 2024School of Financial Wellness
Download our 2024 financial data guide which includes information on taxes, retirement plans, Social Security, Medicare, and more.
When Is Social Security Income Taxable?
December 28, 2023School of Social Security & Medicare
Many people don’t consider taxation of their Social Security benefits, but it is the reality for about half of recipients.
IRA Contribution Limits in 2024
November 30, 2023School of Saving and Investing
The amount you can contribute to a SEP, SIMPLE, Traditional, and Roth Individual Retirement Account will increase in 2024.
401(k) Contribution Limits in 2024
November 16, 2023School of Employer Plans
The IRS recently announced increases in the amount you and your employer can contribute to your 401(k) or similar plan in 2024.
The Basics of Estate Tax
August 3, 2023School of Saving and Investing
If you have a large estate, federal estate taxes – and in some cases state estate taxes – can reduce the inheritance you planned to leave.
Alabama Retirees Could See Lower State Taxes in 2023
September 16, 2022School of Saving and Investing
The Lynn Greer Retirement Income Tax Cut Act of 2022 could provide state tax savings for Alabama retirees beginning in 2023.
How the New Tax Plan Could Impact You
June 2, 2022School of Financial Wellness
President Biden has outlined his plan for taxes in 2023 including tax increases for corporations and wealthy families.