IFG Viewpoint & Outlook
No Tax on Social Security Benefits?
We all love free money; and no taxes on Social Security sounds good! Hey, Social Security benefits weren’t taxed for many years!
January 27, 2025
Tag: tax law changes
Investing
Get Ready for Some Possible Tax Increases!
As you may or may not know, the Tax Cuts and Jobs Act is due to expire at the end of next year – just 16 months from now. The Biden Administration has proposed new tax increases worth knowing about.
August 5, 2024
Uncategorized
Uncle Sam’s Greed and Your Retirement: Should You Go All-In on Your 401(k)?
Given the size of our growing national debt it’s no wonder so many people believe taxes will be higher in the future. We have an ageing population and there are a number of factors at work: There’s the annual deficit plus money needed to fund Medicare and Social Security, just to mention a few.
May 19, 2023
IRAs
Does The SECURE Act Make You More Secure?
Looking for retirement security?
Government spending has been out of control for decades and Congress needs to raise revenue. So, they passed The SECURE (Setting Every Community Up for Retirement Enhancement) Act in December 2019. It may secure the government’s future; but, one provision may make your heir’s retirement a little less secure.
April 29, 2022
Economy
Higher Taxes Ahead?
What could those tax hikes look like? Let’s consider the possibilities.
July 10, 2021
