What are marginal tax rates?
The federal income tax system is currently made up of seven tax brackets. Your taxable income will determine what bracket...
We have seen many instances where, because beneficiary designations were not given the attention they deserved, the wrong person got the money. Beneficiary designations...
Early Withdrawal penalty
IRAs and 401k are advantageous to put money in because they are tax-deductible and tax-deferred. You only pay taxes on this money...
State Income Taxes on Social Security
Currently, only 13 states tax Social Security. These states are Colorado, Connecticut, Kansas, Minnesota, Missouri, Montana, Nebraska, New Mexico,...