Money Today That Matters Tomorrow
The table below shows where your household stands, relative to others in the US population, based on how much income is earned per year. For example, if your household makes $50,000 a year you would be in the 25% percentile group of household income. At $150,000, you would be in the percentile that makes …
See the latest Capital Gains rates and exclusions in this article. _____________ [Updated following Fiscal Cliff Deal] With legislation now in place to avert the fiscal cliff many investors will be breathing a sigh of relief as the tax rates on capital gains, dividends on investments did not rise as …
Choosing the health plan that is best for you and your loved ones is a decision that deserves some undivided attention. While most Americans are used to having traditional health insurance coverage (with up front office visit and prescription benefits), many are turning to catastrophic-only health plans to open up …
A secret recording from a closed-door fund raiser had Mitt Romney saying, “47 percent of Americans believe that they are victims…I’ll never convince them they should take personal responsibility and care for their lives…My job is not to worry about [votes from] those people. These are people who pay no income tax. …
The WSJ recently published two excellent graphics which show how long $1 million of retirement savings would last based on a given rate of after-inflation growth. Definitely provides some insight into how much you will need to save and most likely you will need more than you think. Particularly if …
The Federal Reserve announced a new round of quantitative easing, known as QE3, to boost economic growth and promote employment. The stock markets and investors reacted very favorably, building on an already strong run over the last two months. The new round of quantitative easing will be executed by the …
With a host of tax changes set to come into effect next year thanks to the expiring Bush-Obama tax cuts and new “Obama-care” health care related taxes, it can be hard to keep up with all that’s happening. But these Medicare and employer health care related tax changes in particular, …
Ever wondered where all our federal tax dollars go? I did and a recent report from the center on budget priorities and policies (CBPP) provided a very nice graphic on how federal tax dollars are distributed. With all the political rhetoric that abounds around the national debt, excessive federal spending …