https://youtu.be/z6-jCgcf8EA There are countless ways to lower your taxes in retirement. But can any of these strategies get you to $0 in taxes? And if they could, is the juice worth the squeeze? How to Get to $0 in Taxes There are only 2 ways to Read more…
https://youtu.be/OzbsSFc3kaU Some states are expensive to live in and some are expensive to die in. But before you get too sad about it, most of you probably won’t owe any death taxes. But some of you will. It depends on where you live and how much you have. What Read more…
https://youtu.be/xvBgNzChfJk Taxes and Social Security tend to be emotional topics just by themselves and putting them together is just asking for trouble. So buckle up. Let’s dive in. What!?! They Take Back Social Security! Surprise! If you didn’t know already the majority of your Social Security payments Read more…
https://youtu.be/xvBgNzChfJk I hate to be the guy with bad news but you need to know. After paying into the Social Security system your entire life you are (most likely) going to have to give some back in taxes. But I also have good news. Here are 5 ways Read more…
https://youtu.be/3YiF1NOX5Io We’ve all heard it. There is nothing we can do to avoid death and taxes. But is that really true? When it comes to death, I have nothing for you. I have not yet found the fountain of youth but I’ll keep you posted. But Read more…
https://youtu.be/NdE9H1s7C7k As a federal employee you will normally have at least these sources of income: Your Pension TSP (Thrift Savings Plan) Social Security And most of the time, all three of these will be taxed on the federal level (at least to some degree) but if they are Read more…
What is your biggest expense in retirement? For many people, it is taxes! But most federal employees are shocked at what part of their incomes are taxable in retirement. Spoiler Alert: Most of it is! So What is Your Federal Retirement? Your federal retirement normally Read more…
https://youtu.be/BgpQjVMAqak Note: As of 12/2022, the laws that determined that age that RMDs start have been changed. Here is more information on that. As I speak with federal employees from around the country, there is nothing that seems to be as feared (and misunderstood) as Required Minimum Distributions (RMDs). Read more…
