Thrift Savings Plans: A Comprehensive Guide for Retirees

Get to know everything about Thrift Savings Plans (TSPs) – how they work, the investment options, benefits, and more. Make an informed decision for a secure financial future.

Don’t Make These RDM Mistakes.

Eventually, after years or even decades of saving, you will need to begin withdrawing and taxing the funds from your retirement accounts. RMDs are required to be taken at age 73 starting in 2023 and at age 75 beginning in 2033. If you make a mistake, it could have serious financial repercussions.

Are You Awaiting Your Tax Refund? What The ‘Return Being Processed’ Status Actually Indicates

Checking the “Where’s My Refund” function on the IRS website, taxpayers have likely received the phrase “Your return is being processed.” In rare instances, this warning may remain for weeks or months. The message may be frustrating if it continues appearing repeatedly, but it contains good news. According to Howard Samuels, a certified public accountant … Read more

Make Your Assets Work For You During Retirement

You earn money from your employment when you’re at work. However, it’s time to use your assets to make money once you retire. Transitioning to receiving income from a retirement portfolio can be challenging, potentially prompting some people to return to the workforce. But if you know how to use your current assets to generate money for you, you won’t need to return to the office.