What if you could retire debt-free? These retirees did—and they have some advice to help you do the same. Here's their story (and tips).👇 https://lnkd.in/ey8gBebV
Dupaco Community Credit Union’s Post
More Relevant Posts
-
Are you married and not earning compensation? You may be able to put money in an IRA: When one spouse in a married couple is not earning compensation, the couple may not be able to save as much as they need for a comfortable retirement. In general, an IRA contribution is allowed only if a taxpayer earns compensation. However, there's an exception involving a “spousal” IRA. It allows contributions to be made […] The post Are you married and not earning compensation? You may be able to put money in an IRA appeared first on Pasquesi Sheppard LLC. https://bit.ly/3DzPZ5W
Are you married and not earning compensation? You may be able to put money in an IRA
https://www.ps.cpa
To view or add a comment, sign in
-
Are you married and not earning compensation? You may be able to put money in an IRA: When one spouse in a married couple is not earning compensation, the couple may not be able to save as much as they need for a comfortable retirement. In general, an IRA contribution is allowed only if a taxpayer earns compensation. However, there's an exception involving a “spousal” IRA. It allows contributions to be made […] The post Are you married and not earning compensation? You may be able to put money in an IRA appeared first on Pasquesi Sheppard LLC. https://bit.ly/3DzPZ5W
Are you married and not earning compensation? You may be able to put money in an IRA
https://www.ps.cpa
To view or add a comment, sign in
-
Are you married and not earning compensation? You may be able to put money in an IRA: When one spouse in a married couple is not earning compensation, the couple may not be able to save as much as they need for a comfortable retirement. In general, an IRA contribution is allowed only if a taxpayer earns compensation. However, there's an exception involving a “spousal” IRA. It allows contributions to be made […] The post Are you married and not earning compensation? You may be able to put money in an IRA appeared first on Pasquesi Sheppard LLC. https://bit.ly/3DzPZ5W
Are you married and not earning compensation? You may be able to put money in an IRA
https://www.ps.cpa
To view or add a comment, sign in
-
Five Financial Changes That Happen When Your Spouse Dies Note: Some of these could catch surviving spouses by surprise, so it’s a good idea to know what to expect in case something happens. https://lnkd.in/e7QM2Vve #retirement #retirementplanning #financialplanning #moneymanagement #personalfinance #taxplanning
Five Financial Changes That Happen When Your Spouse Dies
kiplinger.com
To view or add a comment, sign in
-
Are you married and not earning compensation? You may be able to put money in an IRA: When one spouse in a married couple is not earning compensation, the couple may not be able to save as much as they need for a comfortable retirement. In general, an IRA contribution is allowed only if a taxpayer earns compensation. However, there's an exception involving a “spousal” IRA. It allows contributions to be made […] The post Are you married and not earning compensation? You may be able to put money in an IRA appeared first on Pasquesi Sheppard LLC. https://bit.ly/3DzPZ5W
Are you married and not earning compensation? You may be able to put money in an IRA
https://www.ps.cpa
To view or add a comment, sign in
-
What are the biggest mistakes I see retirees make? Learn from common missteps and discover how to enjoy your golden years in style. #retirementplanning #retirementincomeplanning https://lnkd.in/eBbZ-Fw7
The 3 Biggest Financial Mistakes I See Retirees Make
tapparocapital.com
To view or add a comment, sign in
-
What are the biggest mistakes I see retirees make? Learn from common missteps and discover how to enjoy your golden years in style. #retirementplanning #retirementincomeplanning https://lnkd.in/eBbZ-Fw7
The 3 Biggest Financial Mistakes I See Retirees Make
tapparocapital.com
To view or add a comment, sign in
-
Are you married and not earning compensation? You may be able to put money in an IRA: When one spouse in a married couple is not earning compensation, the couple may not be able to save as much as they need for a comfortable retirement. In general, an IRA contribution is allowed only if a taxpayer earns compensation. However, there's an exception involving a “spousal” IRA. It allows contributions to be made […] The post Are you married and not earning compensation? You may be able to put money in an IRA appeared first on Pasquesi Sheppard LLC. https://bit.ly/3DzPZ5W
Are you married and not earning compensation? You may be able to put money in an IRA
https://www.ps.cpa
To view or add a comment, sign in
-
Are you ready for a multi-retiree family? By 2034, over one million families will have multiple generations in retirement, rising to 1.4 million by 2044. This shift brings significant financial planning challenges. Have you considered inheritance, long-term care, and tax efficiency across generations? Read more on how to prepare your family’s finances for the future. #RetirementPlanning #FamilyWealth #FinancialPlanning
The rise of the multi-retiree family and what it means for your finances
marsonwm.co.uk
To view or add a comment, sign in
-
Consider opening a Spousal IRA for your non-working or low-income spouse. It's a smart way to boost your retirement savings as a couple. For 2023, the amount that an eligible married couple can contribute to an IRA for a nonworking spouse is $6,500, which is the same limit that applies for the working spouse. As long as a married couple has a combined earned income of at least $13,000, $6,500 can be contributed to an IRA for each spouse, for a total of $13,000. (The contributions for both spouses can be made to either a regular IRA or a Roth IRA, or split between them, as long as the combined contributions don’t exceed the $13,000 limit.). In addition, individuals who are age 50 or older can make “catch-up” contributions to an IRA or Roth IRA in the amount of $1,000. However, there are some limitations you should be aware about so make sure to reach out to a tax professional to ensure you are in compliance. #SpousalIRA #RetirementPlanning #FinancialSecurity #CouplesFinance #SmartInvesting #SecureRetirement #RetirementSavings #IRA #TaxAdvantaged #InvestingTogether #SmartInvesting #RetirementGoals #FinancialFuture #RetirementBenefits #MaximizeSavings #SpousalContributions
To view or add a comment, sign in
-