1. Double check your withholding and estimated taxes. The individual tax changes cut both ways. You may be familiar with the major deductions you’re losing, but less familiar with the impact of some of the more favorable changes like the expanded tax brackets. It’s not easy or intuitive to figure out what it all means to your bottom line. There’s no substitute for actually running the numbers. Read More
Social Security is an important piece of just about everyone’s retirement pie, but the rules for claiming it make it challenging to give clients the best advice. Unfortunately, there’s no one-size-fits-all approach. The following is some information you might find useful in your decision making regarding when to begin taking your benefits.