Planning Tax

Retirement Tax Planning Section


 

Welcome to Planning Tax

Early Retirement Planning

Are you thinking about the future? Maybe it's high time you should. Those retirement years can really sneak up on you, you know. It truly pays to begin early retirement planning. By this I mean setting aside money for the future and/or investing properly. Have you done either one of these yet? Hey, don't get all bent out of shape and start fretting about the future. It's certainly more productive to take action. It's all about knowing where to start? Who employs you? Do they have a wonderful retirement and 401K plan in order? Whether many of us like to ponder the golden years or not, the fact is they can rush up on us rather quickly. Suddenly the infants are in college and we're stuck with a slew of bills and a tiny retirement plan. Don't let this happen!

Have you done any early retirement planning yet? Studies show that the majority of Americans are not even prepared for retirement when the time arises. It took me a while to get my head on straight and begin early retirement planning. When I turned 30, it was like a switch was activated. It told me to GET ON THE BALL! I had to sit down and re-evaluate my life and current standing. After examining my accomplishments, career and family, I was quite proud. Now it was time to start spending more wisely. Up until then I had just been doing as I please. This can seriously leave you broke. For example, let's say you made a grand this week. Now you take your hard-earned cash and pay the bills that are due. Fortunately after all costs and expenses, you have 240 bucks left over. Now, are you going to head to the local shopping mall, or hop on the Internet to purchase some new and exciting toy? This is the problem. Too many people do this. Refrain from becoming a collector. Instead of collecting loads of material things that you will probably end up selling at a yard sale, invest you extra earnings wisely. It's all about early retirement planning. If you are able to set aside a 100 dollars each month, then that's great. Stick that extra dough in a savings account and start early retirement planning. Think of how much you will have in 30 years. As time moves on, you should try and increase the amount. This extra cash really adds up. Another option regarding early retirement planning is investing in stocks. Hop online now and get a more in-depth scoop on the process.

 

Retirement Tax Planning News

PNC disputes reports of $5B tax break in National City deal - Grand Rapids Press

CLEVELAND -- Although some experts have estimated that PNC Financial Services Group Inc. will save $5 billion in taxes by buying National City Corp., PNC provided its own figure for the first time this week -- and it's a lot lower. PNC's tax benefit ...

Read more...


Permissible deductions are not tax evasion  - Business Day South Africa

IT IS nearing that time again when personal tax returns have to be submitted. Manual filing by November 23, e-filing by January 21. All returns must include global income and global capital gains tax. There are legitimate ways to reduce tax. This is ...

Read more...


Talk to financial planner John Gin about your finances today at noon - New Orleans Times-Picayune

John Gin, CFP, is a Private Wealth Advisor with Ameriprise Financial in Metairie, where his practice focuses on retirement planning, estate planning, tax management and multi-generational planning. John has written the weekly Money Watch column for ...

Read more...


Planning your financial life. - Dickinson Press & Advertiser

As an Ameriprise financial advisor, I believe success should be measured not just by your financial well-being, but by how confident you feel about your future. My mission is to help you reach your financial goals through a personal relationship ...

Read more...


SASD to vote on retirement plan - Reporter

SOUDERTON — At a finance committee meeting Wednesday, Souderton Area School District officials agreed next month to vote on adopting a district-wide 403(b) retirement plan. The tax exempt retirement plan will be available to all school district ...

Read more...