RetireBetter

7 Smart Year-End Tax Planning Moves For Small Business Owners: Many tax planning moves that can help lower your total taxes owed may need to be made before the end of the current year.

7 Smart Year-End Tax Planning Moves For Small Business Owners | FamilyWealth While some of you may still need to file your 2021 taxes, the 2023 tax season (filing your 2022 taxes) is just a few months away. New Year's Eve will be here before you know it, and with the stroke of midnight, many tax-saving strategy deadlines will have passed.

Retired? Here Are 3 Things You Need to Get Right: Planning and investing during those golden years is even more critical because missteps can be disastrous.

Retired? Here Are 3 Things You Need to Get Right. | FamilyWealth So much financial planning is focused on getting people to retirement. Planning and investing during those golden years is even more critical because missteps can be disastrous.

What a Record 8.7% Social Security Cost-of-Living Adjustment Could Mean for Taxes on Benefits: Retirees who rely on Social Security benefits for income will get some relief from record high inflation next year.

What a Record 8.7% Social Security Cost-of-Living Adjustment Could Mean for Taxes on Benefits | FamilyWealth Retirees who rely on Social Security benefits for income will get some relief from record high inflation when an 8.7% cost-of-living adjustment kicks in next year.

7 Smart Ways to Catch Up on Retirement Contributions: Creating a financial plan can help you reach your retirement savings goals now to fund your golden years later.

7 Smart Ways to Catch Up on Retirement Contributions | FamilyWealth If you’re turning 50 years old this year, remember: You’re not getting older, you’re getting better. And so are your retirement savings options. Once you turn 50, you’re allowed to add up to $1,000 in annual “catch-up” contributions to your Individual Retirement Account and $6,500 to you...

Insights into Americas Aging Population and Retirement: America’s aging population profoundly affects the future of work and retirement.

Insights into Americas Aging Population and Retirement | FamilyWealth Beyoncé belted out “You won’t break my soul,” in a recording played by Jean Accius, calling the song a new rallying cry after COVID forever changed the workforce and workplace. The song serves as inspiration for Accius in his work as a policy expert at AARP, which has 38 million members and a...

Social Security COLA to Raise Taxes for Some Americans: Social Security benefits will rise 8.7% in 2023 to help retirees keep pace with inflation.

Social Security COLA to Raise Taxes for Some Americans | FamilyWealth Social Security benefits will rise 8.7% in 2023 to help retirees keep pace with inflation. While that is good news for most retirees, some will find the bigger checks come with a bigger tax bill.

What's Holding Back Americans from Saving for Retirement?: Americans have been significantly impacted by competing financial priorities and life events that have derailed the ability of many to save for retirement.

What's Holding Back Americans from Saving for Retirement? | FamilyWealth In fact, findings from the firm’s Retirement Survey & Insights Report 2022 show that all generations of Americans have been significantly impacted by competing financial priorities and life events that have derailed the ability of many to save for retirement.

How Do 4 Generations Compare in Retirement Preparation?: Take a look at how the four major generations currently in the workplace respond, and how they are progressing overall.

How Do 4 Generations Compare in Retirement Preparation? | FamilyWealth COVID caused a massive hit to retirement planning for many American workers, but how did the four major generations currently in the workplace respond, and how are they progressing overall?

How to Partially Retire Before You’re Ready For Full Retirement: Retiring in stages is becoming more of an option for those who don’t want to 'jump off a cliff' from full-time work to having no employment.

How to Partially Retire Before You’re Ready For Full Retirement | FamilyWealth Lauran Madariaga, 69, was ready to retire in June from her job as a lead client service specialist at Mercer Advisors, a wealth management firm. Then her boss asked her to stay on part-time because he was having difficulty finding employees.

3 Retirement Moves to Make Before 2023: Now's a great time to look over your retirement plan to make sure you're still on track for your goals.

3 Retirement Moves to Make Before 2023 | FamilyWealth A lot of people are already focusing on 2023 and what that means for their investments, Social Security benefits, and more. But there are still three months of 2022 to go, and that's plenty of time to improve your retirement readiness and maybe save a little on your 2022 taxes in the process.

Hurricane Ian Reminds Us Of 3 Retirement Risks Few Consider: How to best prepare for the risks of where we live in retirement is even more important than planning for how much retirement will cost.

Hurricane Ian Reminds Us Of 3 Retirement Risks Few Consider | FamilyWealth Hurricane Ian reminds us that the question of how to best prepare for the risks of where we live in retirement is even more important than planning for how much retirement will cost.

10 Tax Planning Tips for the End of the Year: Financial decisions you make between now and the end of the year can have a significant effect on how much tax you have to pay next April.

10 Tax Planning Tips for the End of the Year | FamilyWealth Financial decisions you make between now and the end of the year can have a significant effect on how much tax you have to pay next April. This is particularly true if you're saving for retirement, itemize deductions, or hold investments outside a retirement account.