by Robert Sechrist | Dec 5, 2022 | Taxes
Consider these four proactive planning moves from our expert that may help you lower your 2022 tax bill. If you are feeling deflated by several months of soaring inflation, investment market losses, and interest rate hikes, there is still time to save money on taxes...
by Jason Sechrist | Feb 3, 2022 | retirement, Taxes
KEY POINTS You can funnel $20,500 into your 401(k) plan for 2022, up from $19,500 from 2021. Boosting your contribution rate now offers more time for growth, and may make it easier to meet yearly goals. But you need to know how your company’s 401(k) match works before...
by Robert Sechrist | Jan 31, 2022 | retirement, Taxes
There’s more to consider than you think KEY POINTS The start of the year is the perfect time to review your retirement savings, including pre-tax versus Roth 401(k) contributions. Pre-tax savings offers a write-off and tax-deferred growth, while Roth deposits may grow...
by Jason Sechrist | Jan 27, 2022 | Money, Taxes
Getty Tax increases probably are coming. Even if Congress doesn’t agree on substantial increases this year, they’re likely to come. The 2017 tax law is scheduled to expire after 2025. The pre-2018 tax law will be re-instated automatically unless Congress agrees to...