Having life insurance when you’re a caregiver can be a beneficial piece of long-term planning when it comes to the anticipated continued care of your loved one with special needs. Giving them the care and support they deserve is a lifelong commitment, so putting some safety nets in place can be that much more important — and complex.
Nobody likes to pay taxes, but it's especially hard for older Americans to deal with an unexpected tax bill. Given how many people live primarily on fixed incomes from Social Security and other sources, many don't have much extra cash to pay any more than absolutely necessary to the IRS.
For many Americans—especially those who are returning to their offices as their communities re-open—COVID-19 is a top-of-mind topic. Knowing your paid leave options can help ease some of the uncertainty. Learn more below.
The advantage of accumulating after-tax assets in a retirement account is that when they are distributed, the amounts will be tax- and penalty-free. However, this benefit is realized only if the necessary steps are taken.
A year as unusual and challenging as 2020 means there may be some additional factors that can impact your tax return, from stimulus payments, potential job changes and unemployment benefits, to virtual work transitions and more.