Qualified vs. Nonqualified Retirement Plans

When you read about different types of retirement plans, you are sure to run across the terms “nonqualified” and “qualified.” These words have numerous implications on the way that these plans are run and both current and future taxation. As an employee, it is crucial that you understand how your retirement plan’s structure will affect your investments in[...] Continue reading

6 Financial Benefits for Service Members and Veterans

As a member of the military, your service is recognized by those who appreciate all you do on the front lines. Your sacrifices to defend the country are also recognized by the United States Department of Veterans Affairs (VA). This department offers veterans various financial benefits and assistance programs to help them readjust to civilian life and accommodate any[...] Continue reading

Military Investment Options

Through different investment options, savings plans, and military mutual funds, veterans gain access to federal financial investment methods that accumulate interest over time for them and their families. 1. Debt Payment The most important step before exploring investment options is to pay off your debts. Clearing your debt improves your credit score while eliminating[...] Continue reading

Smart Tax Tips For Year-End & Beyond

https://www.youtube.com/watch?v=jJjLfXZ0gu4 This provides detailed information on several clever end-of-year tax strategies and planning tips for the future. Consider these methods if you're looking for quick ways to get started before the year ends. Accelerating Deductions Reducing your income on paper can lessen your tax burden. This tax planning strategy can look[...] Continue reading

Smart Financial Gift Ideas for the Holiday Season

Although the holiday season is supposed to be a relaxing and memorable time spent with family and loved ones, many people often feel pressured to find the perfect gift. Grandparents and parents, in particular, may find it difficult to get gifts that younger family members really want and will find useful. Here are a few alternative gift ideas that could make a[...] Continue reading