With an increased concern over tax rates, there is compelling need to protect what may be for many individuals their largest single asset: their retirement plans. The author outlines critical decisions that she says must be made before January 1, 2013 as they relate to tax implications in planning for retirement.
The author offers considerations to keep in mind when planning for retirement in the face of these current challenges.
Will the Bush era tax cuts be extended by Congress? Nobody knows, but regardless of what Congress does, the authors offer steps one can consider taking before year end to improve your personal finances.
The author shares her opinion about the Roth TSP as well as some frequently asked questions and answers about it.
The author outlines the similarities and differences between the Roth TSP and the traditional TSP to help participants understand if the new Roth option is right for them.
The stock market’s recent activity has many people concerned about the future.
In part two of Carol Schmidlin’s interview with Rodney Johnson, President of HS Dent Publishing, she asks him about the prospects of investing in gold, the devaluation of the U.S. dollar, and the growing federal debt. She also asks Johnson for his advice for federal employees and actions they should take in light of some of the proposed cuts on their salaries and benefits.
Carol Schmidlin recently interviewed Rodney Johnson, President of HS Dent Publishing, an independent economic research company, about the spending cuts in the new debt agreement and who can be affected.
Congress is looking at several proposals that would cut into federal employee benefits. The author focuses on some specific ones that would directly impact your financial security in retirement.
Should you do a Roth conversion to take advantage of the current tax rates which may be lower now than they are likely to be in the future? It may be a good idea but check out the details before you take action as your tax bill may be higher than you think.
