When will the federal government run out of money? The author of Axios Markets, Matt Phillips, covers the analysis from Wall Street. • Now is the time to lower next year’s taxes. Jamie P. Hopkins, Esq., CFP, RICP, discusses five year-round tax planning strategies. • Many retirees haven’t planned for increased longevity. There are ways to avoid a shortfall in your retirement income, as Brian Skrobonja, CHFC®, explains.
Wall Street Analysts Are Pulling Forward Their “X-Date” Estimates — Analysts have been watching recent tax receipts especially closely, hoping that a bumper crop of tax payments could push out the day of reckoning — also known as the “X-date,” when the government runs out of money and could default on payments. Read more…
Five Tax Planning Strategies To Use All Year To Lower Taxes — To minimize your tax burden and make the most of your money, you need to switch from a reactive to a proactive mindset when it comes to taxes. Here are five strategies you can use year-round to be more proactive about your tax planning. Read more…
Longevity: The Retirement Problem No One Is Discussing — Many people saving for retirement fail to take into account how living longer will affect how much they’ll need once they stop working. What should they do? Read more…
John R. Day, Bill Ennis, and Matt Heller