Financial Advice Blog

Showing posts for "Taxes". Show all posts

Let the Tax Brackets Guide Your Retirement Plan Withdrawals

by User    |  Retired, Army  |  San Antonio, TX  |  03-10-2014

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A close look at the Federal income tax brackets may influence how you tap your retirement nest egg.

What I’m Doing With My Tax Refund

by User    |  San Antonio, TX  |  02-03-2014

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It's contrary to the conventional financial planning wisdom I’ve championed for years: “Don’t give Uncle Sam an interest-free loan.” But the fact is, for no good reason other than I didn’t get around to fixing it, we had too much tax withheld last year and now we’re due a robust refund. So to try to make the best of my little mistake, here's what we plan to do with the money we're getting back.

Unlocking the Mystery of Required Minimum Distributions

by User    |  Retired, Army  |  San Antonio, TX  |  12-09-2013

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The year is quickly winding down. For millions of Americans that means the window for taking annual Required Minimum Distributions (RMDs) from IRAs and other retirement plans is closing.