Personal Finance

- Advertisement -
Ad image

Latest Personal Finance News

Take these 12 steps before the Fed starts cutting interest rates

In this article Caret Down Caret Up Consumers have weathered an economic storm unlike any in recent memory, as the…

TSP Staff TSP Staff

If You Missed A Tax Election Deadline, Consider Section 9100 Relief

There are many different tax elections available to taxpayers under federal tax law. And, often, these elections are advantageous. For…

TSP Staff TSP Staff

Watch Your Wallet: How The Upcoming Election Could Impact Your Taxes

In an election year, my retired and soon-to-be retired clients are usually asking what a Republican or Democratic win will…

TSP Staff TSP Staff

How to Claim Spousal Social Security Benefits

If you’re married, divorced, or widowed, you may be wondering how to claim spousal security benefits based on your spouse’s…

TSP Staff TSP Staff

How to Set Up a Payment Plan for Taxes You Owe

When an individual or business owes taxes to the Internal Revenue Service (IRS), settling the entire amount in a single…

TSP Staff TSP Staff

Fed keeps rates on hold, signals possible rate cut in September

The Federal Reserve left interest rates unchanged but hinted that the time to cut them could be coming soon, as…

TSP Staff TSP Staff

Why Eliminating Tax On Social Security Benefits Is Bad Policy

Former President Donald Trump has joined other politicians advocating for abolishing taxes on social security benefits. The idea may make…

TSP Staff TSP Staff

Leaving Social Security Untouched May Drive 3.8M Seniors Into Poverty

Politicians love to say they “won’t touch” Social Security, as if leaving the program alone will protect older adults. In…

TSP Staff TSP Staff

Defined Benefit Plans for the Self-Employed

Unlike other retirement plans, a defined benefit plan for the self-employed promises a specific payout upon retirement, calculated based on…

TSP Staff TSP Staff

What Is a Gift Loan and How Does It Work?

A gift loan is essentially a loan with an interest rate well below the market average, or even no interest…

TSP Staff TSP Staff