Understanding Marginal Income Tax Brackets

Understanding Marginal Income Tax Brackets

By any measure, the tax code is huge. It is almost 75,000 pages long, with footnotes.1 And each Monday, the Internal Revenue Service publishes a 20- to 50-page bulletin about various aspects of the tax code.2 Fortunately, it’s not necessary to wade through these...
Retirement Challenges for Future Retirees

Retirement Challenges for Future Retirees

Preparing for retirement is complex for many reasons. With improved medical care, a person retiring today at typical retirement age may need their savings to last 30 years or more, making it necessary for retirement funds to sustain a longer life span. There are...
CATCH-UP CONTRIBUTIONS

CATCH-UP CONTRIBUTIONS

A recent survey found that 23% of people were very confident about having enough money to live comfortably through their retirement years. At the same time, 33% were not confident.1Congress in 2001 passed a law that can help older workers make up for lost time. But...
GOOD HEALTH IS GOOD BUSINESS

GOOD HEALTH IS GOOD BUSINESS

According to the Centers for Disease Control and Prevention, productivity losses linked to employees not showing up for work cost employers $226 billion annually, or $1,685 per worker.1 Business owners and managers understand very well the rising cost of health care...
INFLATION & YOUR MONEY

INFLATION & YOUR MONEY

“If the current annual inflation rate is only 2.3 percent, why do my bills seem like they’re 10 percent higher than last year?” Many of us ask ourselves that question, and it illustrates the importance of understanding how inflation is reported and how it can...