Last Thursday the IRS announced that the 401(k) contribution limit for 2018 will increase from $18,000 to $18,500 — the first time the limit has increased since 2015. The new limits also apply to 403(b)s, most 457 plans and the federal government Thrift Savings Plan (TSP)...
Most people assume that the sooner they pay off their mortgage, the better they will be financially. They point to the thousands of dollars of interest expense that they would avoid each year that the mortgage is paid off early. While the cost of keeping a mortgage is easily understood...most people don't consider the opportunity cost of paying off their mortgage early...
On Tuesday, a bipartisan majority in the Kansas state Senate and House voted to override Governor Brownback's veto of a bill (SB 30) in order to raise tax revenue by $1.2 billion over the next two years.... What will this mean for Kansas individuals and business owners?
The Wall Street Journal's Anne Tergesen discusses how to get conflict-free retirement advice, with tips on how to make sure you get the best fiduciary advice.
Those who practice traditional tax preparation (CPAs, accountants, enrolled agents, etc.) without the ongoing review and assessment of their clients’ entire financial situation put their clients at risk of long-term tax consequences costing additional tax liabilities and delaying their financial independence.
How to find a good financial advisor according to Kent Smetters - an economics professor at the University of Pennsylvania's Wharton School.