Useful information that will help you educate yourself regarding
financial intelligence in order to
achieve financial security.
There are many people who are either near or at retirement age who have very little or no pension funds set aside that is sufficient to live comfortably during retirement. Rather than being faced with the option of working past retirement age, there are some things you could do now to create a better future for yourself.
Bitcoins, bitcoins, bitcoins—you may or may not have heard this word mentioned in business publications or on television. However, I think that bitcoins may become the currency of the future, and I want to find out as much as possible about what it is and how it works before that happens. If you are also interested, read this post; I will do my best to explain the bitcoin concept as simply as possible.
For those baby boomers who either close to or have reached the magic age of 70½, this is the time when it is necessary to start withdrawing income from those traditional IRA’s. The problem is that if your traditional IRA has a large amount of money in it, the required minimum distributions (RMD’s) that need to be taken over the course of a year may push you into a higher tax bracket, thus causing you to pay more in taxes to the IRS. There are some steps you can take to protect yourself and prevent this from happening.