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How Does Unemployment Work?

March 25, 2023 by Brett Tams

Woman Working On Her Laptop In A Cafe

Losing a job can be scary, but help is out there. For many, it starts with getting unemployment benefits.

The post How Does Unemployment Work? appeared first on SoFi.

Posted in: Financial Advisor Tagged: 2, active, Administration, advice, advisor, All, analysis, ask, Awards, Bank, bank account, before, Benefits, bills, Budget, Budgeting, Buy, Calculators, Career, clear, Compensation, cost, Crisis, deposit, design, Direct Deposit, display, earnings, Economic Crisis, Economy, employer, Employment, experience, Financial advice, Financial Planning, Financial Wize, FinancialWize, fund, General, goals, good, government, Grow, hours, How To, HR, id, Income, income tax, Insurance, interview, Invest, Investing, investment, irs, job, Job Search, jobs, Learn, Legal, lending, Life & Career, Links, loan, Loans, Make, making, Making a Budget, military, money, More, Move, networking, new, new job, News, offer, or, Other, Partnerships, party, password, patient, payments, planner, Planning, priorities, products, programs, protect, questions, rate, Rates, reach, ready, Review, save, Saving, search, securities, security, Sell, social, social security, sofi, states, Style, tax, taxes, Terminology, time, traditional, trust, under, Unemployment, updates, W-2, wages, wealth, Websites, will, woman, work, workers, working

Born in 1950? The IRS Has a New Deadline for You

March 25, 2023 by Brett Tams

This may be a challenging tax year, especially if you’re unprepared.

Posted in: Moving Guide Tagged: 2, 2021, 2022, 2023, 457, All, Amount Of Money, at home, beneficiary, business, calculator, coffee, data, employer, Financial Wize, FinancialWize, future, government, home, id, Income, Investing, Investor, IRA, IRAs, irs, Law, Live, man, mistake, money, More, new, one year, or, Original, Other, plan, plans, reach, retirement, retirement accounts, retirement plan, retirement plans, return, returns, right, RMD, RMDs, roth, Roth IRA, Roth IRAs, second, secure 2.0, SECURE 2.0 Act, simple, simple IRA, tax, taxable, taxable income, taxes, time, traditional, update, will, withdrawal, woman, workers, working

14 Surprising Things That Are Taxable

March 25, 2023 by Brett Tams

How many of these forms of income did you realize were subject to federal taxes?
Posted in: Moving Guide Tagged: 1099, 2, 2017, 2021, 2022, agreements, All, bartering, before, beneficiary, Benefits, business, Children, commission, Compensation, Credit, credit card, data, Debt, Debts, Deductible, dividend, dividends, divorce, earnings, expensive, federal income taxes, Financial Wize, FinancialWize, Free, fund, gift, gifts, government, id, Income, Income Taxes, interest, irs, job, jobs, lists, low, man, market, money, offers, Oil, or, organizing, Other, panic, park, payments, pretty, property, retirement, Retirement Income, return, returns, Revenue, rich, scam, security, self-employed, selling, Side, social, social security, social security benefits, states, Style, tax, tax returns, taxable, taxable income, taxes, time, tour, Travel, under, Unemployment, value, wages, will, woman, work, workers, wrong

Understanding a Private Letter Ruling (PLR)

March 24, 2023 by Brett Tams

Private letter rulings, commonly known as “guidances,” are the bane of tax attorneys everywhere. They are very specific, vast in number and essential to understanding how tax law works. In brief, it’s a written answer issued by the IRS to a … Continue reading →

The post Understanding a Private Letter Ruling (PLR) appeared first on SmartAsset Blog.

Posted in: Apartment Decorating, Taxes Tagged: 2, 2023, 429, action, advice, advisor, All, apple, author, average, before, bills, Blog, building, business, categories, clear, cnbc, contractors, cost, court, Credit, data, decisions, Economics, entry, evergreen_simplefeed_delay, existing, expense, expensive, facebook, Fall, Fees, fiduciary, Finance, finances, Financial Advisor, financial advisors, Financial Goals, Financial Wize, FinancialWize, Ford, Free, freelance, front, future, General, get started, goals, good, Google, graduated, How To, id, impact, index, interview, irs, IRS guidance, Law, lawyers, Legislation, list, Litigation, Main, Make, Media, meta, Michigan, money, More, needs, or, Other, Personal, personal finance, plan, Planning, points, private letter ruling, property, questions, ready, reddit, return, Revenue, right, room, School, second, securities, Side, social, specialty, Style, tax, tax attorney, tax filing, tax law, tax liability, tax planning, Tax Tips, taxes, time, tips, title, tools, Transaction, Twitter, u.s., volume, washington, white, will, work, wrong

What Does “FBO in Trust” Mean?

March 24, 2023 by Brett Tams

FBO is an abbreviation for the common term “for the benefit of” and it is often used in estate planning. In a trust, the term conveys ownership and value to the trustee. The FBO legal language is there to protect … Continue reading →

The post What Does “FBO in Trust” Mean? appeared first on SmartAsset Blog.

Posted in: Estate Planning, Home Repair Tagged: 2, 2022, 2023, 429, accountant, advisor, All, apple, assets, author, beneficiaries, beneficiary, Benefits, Blog, Capital Gains, categories, charity, Children, company, court, Credit, creditors, data, death, Deposits, entry, estate, estate plannign, Estate Planning, evergreen_simplefeed_delay, facebook, Family, fbo, filing taxes, Financial Advisor, Financial Wize, FinancialWize, for the benefit of, Form 1041, Free, funds, General, Google, Grandchildren, heirs, How To, id, Income, income tax, index, inherited, inherited IRA, interest, IRA, irrevocable trust, irs, language, Legal, Living, living trusts, Main, Make, making, manage, Media, meta, money, More, or, organization, Other, ownership, place, Planning, points, probate, property, protect, protection, questions, reddit, Research, retirement, retirement account, return, right, smart, social, states, Style, tax, taxes, Terminology, time, tips, title, tools, trust, trustee, trusts, Twitter, value, will

What Is the Best Age to Retire for Longevity and Health?

March 24, 2023 by Brett Tams

What Is the Best Age to Retire for Longevity and Health?

Most people would like to retire when they are still healthy and active but financially secure enough to continue an energetic lifestyle. The younger the better, for most of us. However, the best age to retire for longevity is different for everyone. It depends on many factors, such as your finances, your health, and what […]

The post What Is the Best Age to Retire for Longevity and Health? appeared first on SoFi.

Posted in: Financial Advisor Tagged: 2, 2022, 2023, 457, active, actual, Administration, agent, All, app, assets, average, before, Behavior, Benefits, blue, bonuses, Budget, Budgeting, Careers, categories, clear, color, cost, Credit, credit score, cryptocurrency, data, decision, depression, display, Early retirement, earnings, employer, employer match, existing, expenses, expensive, Fall, faq, finances, Financial Goals, financial tips, Financial Wize, FinancialWize, fractional, Free, free credit score, fund, funds, General, goal, goals, government, health, Health Insurance, health plan, healthy, home, house, How To, HR, Income, Insurance, investment, IRA, IRAs, irs, Law, Learn, Life, Lifestyle, Living, loan, longevity, LOWER, Make, Media, Medicare, Medicare part B, men, mobile, money, More, most popular, needs, new, News, offer, offers, or, organization, Original, Other, payments, pension, percent, plan, planner, Planning, plans, points, Popular, portfolio, premium, Preparing for Retirement, property, ready, relay, remote working, rental, rental property, required minimum distributions, retire early, retirees, retirement, retirement accounts, retirement funds, Retirement Income, retirement plans, retirement savings, Revenue, Review, rewards, right, risk, RMDs, roth, Roth IRA, Roth IRAs, Salary, save, Saving, Saving for Retirement, savings, savings plan, security, Sell, shares, short, social, social security, social security benefits, sofi, Spending, Start Saving, state taxes, stock, Strategies, Style, take control of your finances, tax, tax refunds, taxes, time, timeline, tips, title, TransUnion, tricks, under, vehicles, wants, will, windfalls, women, work, workers, working, youtube

GO2bank Review for 2023

March 23, 2023 by Brett Tams

GO2bank is the mobile banking solution you’ve been looking for. Find out why in our 2023 review and simplify your finances today.
Posted in: Credit 101 Tagged: 2, 2023, ACH, All, AllY, app, apr, art, ATM, average, balance, Bank, bank account, bank accounts, Banking, banks, before, Benefits, Bill Pay, bills, bonus, build, building, business, Buy, california, capital one, cash advance, cash back, chance, chase, Checking Account, choice, cit bank, cit bank savings, company, cons, cost, Credit, Credit Bureaus, credit card, credit card payments, credit cards, credit history, credit limit, Credit Report, credit utilization, Debit Card, Debt, deposit, Deposits, Direct Deposit, earn interest, earning, earnings, experian, Experian Boost, FDIC, FDIC insurance, Fees, fico, fico score, finances, Financial Wize, FinancialWize, fraud, Free, funds, future, get started, good, government, gray, green, high yield savings, history, hold, hours, How To, Insurance, interest, interest rates, internet, irs, Learn, Links, low, LOWER, maintenance, Make, making, manage, mobile, Mobile App, Mobile Banking, model, modern, money, More, offer, offers, office, Online Savings Account, opportunity, or, Other, overdraft fee, overdraft fees, party, pay bills, paycheck, payments, plan, points, Popular, pros, Pros and Cons, protection, Purchase, Raise, Rates, refer a friend, Refund, Review, rewards, Rewards Cards, rich, risk, routing number, safe, save, Save Money, savings, Savings Account, Savings Accounts, secured credit card, security, security deposit, Sell, Sites, smart, social, social security, sofi, streaming, Style, tax, tax refund, tax refunds, Technology, time, traditional, Transaction, transfer money, utilities, Video, visa, will, withdrawal

401(k) Catch-Up Contributions: What Are They & How Do They Work?

March 22, 2023 by Brett Tams

401(k) Catch-Up Contributions: What Are They & How Do They Work?

Retirement savers age 50 and older get to put extra tax-advantaged money into their 401(k) accounts beyond the standard annual contribution limits. Those additional savings are known as “catch-up contributions.” If you have a 401(k) at work, taking advantage of catch-up contributions is key to making the most of your plan, especially as retirement approaches. […]

The post 401(k) Catch-Up Contributions: What Are They & How Do They Work? appeared first on SoFi.

Posted in: Financial Advisor, Investing Tagged: 2, 2023, 401(k) plan, 401k, 457, active, active investing, advice, advisor, All, AllZ, assets, Bank, Benefits, Broker, brokerage, business, clear, company, Credit, cryptocurrency, decisions, deductions, display, diversify, earnings, employer, employer match, Employment, expenses, faq, Finance, Financial advice, financial tips, Financial Wize, FinancialWize, FINRA, Free, fund, funds, future, General, Giving, goals, great, Grow, growth, How To, HR, human resources, Income, income tax, Inflation, Invest, InvestGen, Investing, investment, investments, InvestX, IRA, IRAs, irs, Learn, Legal, Legislation, lending, LLC, loan, Main, Make, making, max out, measure, money, MoneyHL, More, more money, needs, offer, offers, opportunity, or, Other, past performance, pension, plan, plans, Preparing for Retirement, products, protection, retirement, retirement account, retirement accounts, retirement goals, retirement plan, retirement plans, retirement savings, RETUPD, Revenue, risk, roth, Roth IRA, Roth IRAs, Salary, save, Save Money, Saving, savings, SEC, securities, sep ira, short, simple, simple IRA, social, sofi, spouse, Strategies, Style, tax, tax benefits, tax-advantaged, taxes, time, tips, trading, traditional, under, Ways to Save, wealth, will, work, working

Georgia State Tax: Rates and Who Pays in 2022-2023

March 22, 2023 by Brett Tams

Virginia state income tax rates are 2%, 3%, 5% and 5.75%. Virginia state income tax brackets and income tax rates depend on taxable income and residency status. Virginia state income…

Posted in: Moving Guide, Taxes Tagged: 2, 2022, 2023, assets, Blog, cost, currency, data, Emergency, Fall, FEMA, filing jointly, filing taxes, Financial Wize, FinancialWize, Free, Georgia, head of household, household, Income, income tax, Income Taxes, irs, Legal, list, Live, low, married, More, nerdwallet, or, Other, Partnerships, Personal Taxes, programs, Rates, Refund, return, Revenue, single, standard deduction, state tax, states, target, tax, tax brackets, tax filing, tax rates, tax refund, taxable, taxable income, taxes, time, trusts, virginia, volunteer, weather, will

How to Invest $200,000 and Generate a Solid Return

March 21, 2023 by Brett Tams

When at the point of wondering how to invest $200,000, that’s definitely a good sign. After all, having this amount to invest means you’re on the fast path to building long-term wealth. This is especially true if you can invest $200,000 and leave it alone for a decade or two, giving compound interest plenty of […]

The post How to Invest $200,000 and Generate a Solid Return appeared first on Good Financial Cents®.

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