As the year comes to a close, and you’re busy rushing around to get those final presents for the ones you love, here are a few quick, last-minute strategies for cutting your tax bill on April 15. 1. “Take a small example, take a tip from me. Take all your money, give it all to charity.” Unlike the Sublime song,… read more →
Detroit – On October 31, 2018 General Motors announced that it is offering 18,000 salaried employees (those of it’s 50,000 salaried employees with 12 or more years experience) a Voluntary Buyout (Voluntary Separation Program) with a deadline of November 19, 2018. Those who take the Buyout and are accepted will begin receiving severance on January 1, 2019. Companies are always… read more →
This is the time of year when the temperatures turn brisk, leaves begin changing colors and fall, the smell of apple pie fills your kitchen, college football draws you in every Saturday, and you get notice from your employer that Open Enrollment must be completed in the next few weeks. Like tax season, this typically is a stressful time for employees… read more →
Imagine a savings account that allows you to save pre-tax money (like a Traditional IRA, 401(k), or 403(b) plan), allows that money to grow tax-deferred (like all types of IRAs, 401(k)s, and 403(b) plans), and then allows that money to be withdrawn tax-free (like a Roth IRA). It’s a tax savings trifecta! It’s a Roth IRA on steroids, but in… read more →