YOLO You Only Live Once and FIRE Financial Independence, Retire Early are competing ideas about money. One embraces spending freely and enjoying life in the moment, while the other.
We have a second home – a condo in the mountains – that was bought with cash for $295,000 approximately six years ago. It’s now worth at least $500,000. We are considering selling as our use is declining and maintenance costs and special assessments of the three-building complex are increasing. What are the options to […] The post Ask an Advisor: How Do We Reduce Our Tax Bill When We Sell Our Second Home? We Bought It 6 Years Ago for $295k and Now It’s Worth $500k appeared first on SmartReads by
When it comes to saving for retirement, 401(k) plans are a popular choice for many American workplaces. Contributing to a 401(k) not only helps you save for retirement but offers the added bonus of reducing your adjusted gross income and lowering your tax liability for the year. A financial advisor can help you determine how […] The post Do 401(k) Contributions Reduce Your AGI? appeared first on SmartReads by SmartAsset.
There are many things from everyday life that people take for granted – their loved ones, electricity, access to nature, and even breathing. November is Lung
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