2013 Roth IRA Contribution Limits Based on Filing Status and Income

After several years the IRS has raised Roth IRA contribution levels, along with the annually indexed income qualification levels that allow eligible contributions. This is good news for those looking for tax effective ways to manage their retirement savings. Unlike 401(k) and Traditional IRA plans, you cannot deduct …

Read More

2012 Tax Refunds Smaller Than 2011 Payments

The IRS recently published some statistics on 2011 tax returns (filed in 2012, excluding extensions) which revealed some interesting factoids, such as: – If you got a refund this year, chances are that it was lower than the one you received in 2011. The average …

Read More

College and University Tuition Rates Increasing

As a part time MBA student, with a single income and young family, I am particularly sensitive to rising education costs. So I was dismayed to see that my university’s (already expensive) tuition costs were again rising. This is the third year in a row …

Read More