The Earned Income Tax Credit (EITC) is one of the most beneficial tax policies for low-income families. It is a refundable federal income tax credit for individuals and families who work and meet certain requirements. [To see EITC for the …
Retirement Plans for Small Businesses
There are options for small businesses that want to set up a retirement plan for their employees. Employer and employee contributions to retirement plans are generally tax-deductible. Two plans are specifically designed to make it easier for smaller businesses to …
Forgot to Plan? Make Aging in Place Your Plan
The Key to Living Longer and Independently When planning for retirement, most people focus on how much money they need to save, but forget that in the later years we often have to depend on others. For many older women, …
Veterans Benefits: What They Are and Tips on Getting What You Deserve
Veterans’ Benefits Administration: The Veterans’ Benefits Administration (VBA) provides an integrated program of veterans’ benefits. These include compensation for service-connected disabilities, pensions for war-time veterans with non-service connected disabilities who meet income criteria, benefits for burial, home loans, and life …
Disability Facts and Resource Guide
Most Americans know someone with a disability, but few are aware that disability could affect them at any point in their lives. Though some disabilities exist from birth, others, such as work-related injuries and serious illnesses, can be incurred later …
Basic Finances for Small Businesses: A Resource Guide
More and more women have become successful in launching and growing their own companies. Small businesses owned by women is growing 50% faster than the total number of small businesses, according to American Express. Guardian Small Business Research Institute projects …
Variable Annuities: One Size Does Not Fit All
Are you trying to decide whether it’s a good deal to buy a variable annuity? The reality is that while variable annuities can be beneficial to some long-term investors, in many cases, the costs of fees and charges may outweigh …
Annuities: Why You Need to Know How They Work
It is important to know how annuities work because many financial planners recommend them to their clients for retirement planning purposes. Does that mean you need one? Learning more about annuities can help you decide. We all know we should …
Making Your Money Last Through Your Retirement – Immediate Annuities
Information from WISER and The Actuarial Foundation It can be quite challenging to manage your life savings after retirement, in large part because there are so many unknowns, including how long you will live. Few of us have really thought …
Lump Sum Pension Payments
A pension plan may have an option that allows you to take your entire pension benefit as a lump sum instead of receiving monthly payments. How do you make the best financial decision? When considering a lump sum, ask yourself …