Posts Tagged With ‘ retirement ’

Successful Retirement or Tax Trap; Will You Be The One Who Pays More In Tax During Retirement? by: Jeremy Reif, CRPS If you are/were successful in your career and saved enough to retire, congratulations!  The Internal Revenue Service (IRS) would also like to thank you.  If you knew the tax trap existed, you might not have known its full extent.  This article is focused on the hidden tax trap, which mostly affects the middle class and up. People tend to forget that the government is around indefinitely; we are only here temporarily.  How does that old saying go? There are only two things that... Continue Reading

Top 5 Tax Saving Strategies by, Jeremy Reif, CRPS Spring is in the air, and tax forms are showing up in your mail and online databases.  Are you worried about that impending tax bill? You’re not alone. Many individuals find themselves scrambling to find ways to lower their tax bills as the deadline approaches. There are strategies you can implement to potentially reduce your tax burden this year.  We’ll explore some tax saving strategies that could help you keep more money in your pocket. Traditional Tax Deduction Strategies One effective way to lower your tax bill is by maximizing your... Continue Reading

Dividend Investing Who Knew || Dividend Investing Explained By Jeremy Reif, CRPS Learn from our forefathers, like Warren Buffett, that there is no need to fix what is not broken.  The biggest obstacles in your investment journey will be greed, emotions, and time.  Whether you’re a seasoned investor or just dipping your toes into the financial waters, understanding the nuances of crafting and nurturing such portfolios is vital. In this comprehensive guide, we’ll explore a four-tier approach to constructing a dividend/interest portfolio that can pave the way to retirement and future retirement... Continue Reading

  Companies Paying Dividends Unleashing The Potential Of Dividends By, Jeremy Reif, CRPS Investors can often get caught up in the news or social media world, hoping for quick returns and to double their money overnight.  The stark reality is that investing is not for the weak at heart.  Sometimes it is best to play the long game. This is usually done by seeking avenues to maximize their returns and minimize risk. One strategy that has stood the test of time is investing, which Warren Buffett has made famous in dividend-paying stocks. In this blog post, we will delve into the significance of... Continue Reading

Why You Need A Strategy For Investing Tips To Succeed at Investing by, Jeremy Reif, CRPS As we step into the new year, seasoned investors are already contemplating their next moves in the stock market. It is easy to become antsy about your investment positions, but before you hit the buy button, consider heeding the timeless advice of Warren Buffett. We will uncover how Buffett chooses investments and why they might be the key to successful investing in 2024. Buffett’s: Time-Tested Approach Warren Buffett, in his 2013 letter to Berkshire Hathaway shareholders, laid out two tests that an investment... Continue Reading

                Paving the way to burden season, a huge number of Americans could owe the IRS thousands on their Government backed retirement installments. While Government managed retirement installments saw a cost for many everyday items change (COLA) of 3.2 percent this year, there could be unseen side-effects on many seniors’ assessment forms On the off chance that their salaries are helped excessively high, it could place them in an alternate expense section and see a bigger measure of cash taken out. Broadly, around 40% of individuals getting Government backed retirement should... Continue Reading

Bitcoin ETF By Jeremy Reif, CRPS Decoding Bitcoin’s ETF Approval: A Financial Insight Bitcoin comes with a lot of controversy, as do many new companies.  We have all heard about the celebrities and sports stars that jumped onto the bandwagon early.  The latest news is that on January 10th, 2024, Bitcoin and other cryptocurrencies became easier to invest in when the Securities and Exchange Commission (SEC) allowed them to be traded in exchange-traded funds (ETFs). Why is it important to know that Bitcoin is available via ETFs?  For those who don’t know how ETFs work, they allow you to... Continue Reading

Equity’s Bold Fiscal Moves: Slashing Government Expenditures and Unveiling Three New Tax Breaks in 2024 Budget Proposal Making a further declaration on X, previously Twitter, Equity posted: ” We’ve curtailed government expenditures multiple times since I got down to business in 2017, and this year I proposed three extra tax breaks in my spending plan: disposing of the expense on government backed retirement, a childcare tax break, and a development to the Estate exclusion.” West Virginia passed legislation in 2019 to begin gradually eliminating Social Security taxes for single filers with... Continue Reading

About one of every seven retired people in the U.S. depend on Government managed retirement for essentially the entirety of their pay, as per an AARP examination. Be that as it may, these advantages don’t generally come without Uncle Sam’s surprises. Some States Tax Social Security for Retirees To demolish monetary issues for retired folks relying upon Government managed retirement to earn enough to get by, a few states force their own state personal duties on benefits. Luckily, there aren’t close to as many states that force their own expense on Government backed retirement as those that... Continue Reading

Democrats And Republicans Election Year and the Stock Market: They Go Together Like Water and Oil Uncertainty and the stock market do not mix well.  What does this mean for your investments?  Every four years, investors endure an election market with full-on mudslinging.  Presidential candidates leave no stone unturned and expose everything to gain an upper hand.  As we move into 2024, the stock market braces itself for the current presidential cycle, signifying a critical juncture for investors. This article will shed light on what to anticipate in the next 12 months and the significance of... Continue Reading