by Naveed Lodhi | Jan 1, 2025 | Retirement & Social Security
The information in this article is up to date for tax year 2024 (returns filed in 2025). If you’re preparing for retirement, you might be wondering if social security is taxable income. The short answer: Yes. The longer answer: It depends. Social Security...
by Naveed Lodhi | Dec 28, 2024 | Retirement & Social Security
The information in this article is up to date for tax year 2024 (returns filed in 2025). As 2024 draws to a close, we have a few year-end reminders for those who already have an Individual Retirement Account (IRA) or plan to open one soon. Individuals can choose a...
by Naveed Lodhi | May 5, 2023 | Retirement & Social Security
As you transition into retirement, you will face many choices, both personal and financial. From how to fill your time to how to fill your wallet, the choices you make now will ripple through every year of your retirement. In the early days of your retirement, you can...
by Naveed Lodhi | Mar 22, 2023 | Retirement & Social Security
It is always smart to save for the future – especially for your retirement. An Individual Retirement Account (IRA) is supposed to help you do just that, so you can live comfortably in retirement. To keep you from dipping in early, there are strict rules...
by Naveed Lodhi | Mar 27, 2020 | Retirement & Social Security
You can’t just speak being a millionaire into existence. You need to create a plan and follow through. There are 18.6 million people in the United States who have at least 7 figures in their bank account. If you play your cards right, you may be able to join them. ...
by Naveed Lodhi | Jan 29, 2020 | Retirement & Social Security
Forty-six percent of Americans have no money saved for retirement, but it’s not too late to start. Contributing to a 401k is a hassle-free way to build wealth and earn tax breaks. If you’ve been iffy about joining your employer’s plan, here are some...