What to Do If You’re Behind on Savings for Retirement
...and Social Security benefits. Estimate Your Retirement Needs Lifestyle Choices: Think about the kind of lifestyle you want in retirement....
How to Potentially Boost Your Retirement Savings
...of Early Savings The earlier you begin saving for retirement, the more you may benefit from compound interest. Compound interest...
Understanding Modified Adjusted Gross Income (MAGI)
...insurance purchased through the Health Insurance Marketplace. Retirement Contributions: Certain retirement plans, such as Roth IRAs, have income limits that...
What is Backup Withholding
...the IRS can secure its revenue stream, even if the payee does not report the income correctly on their tax...
What is a Marginal Tax Rate
...impose their own income tax, which can further complicate the marginal tax rate landscape. States may have flat tax rates...
How to Make Estimated Tax Payments
...several common pitfalls can lead to issues down the line. Being aware of these mistakes can help you avoid unnecessary...
The Importance of Updating Your Retirement Plan
...short-term and long-term goals is essential for effective retirement planning. Short-term goals may include paying off debt or saving for...
How to Know When to Retire
...long-term care services in the future. This could include in-home care, assisted living, or nursing home facilities. Insurance Options: Investigate...
Understanding 401(k) vs Pension Plans
...comes to planning for retirement, two of the most common options available to employees are 401(k) plans and pension plans....
Saving for Retirement in Your 20s
...Retirement Vision Assess Your Current Financial Situation Realistic Expectations The Role of Compound Interest What is Compound Interest? Long-Term Impact...
Financial planning and Investment advisory services offered through Diversified, LLC. Diversified is a registered investment adviser, and the registration of an investment adviser does not imply any specific level of skill or training and does not constitute an endorsement of the firm by the SEC. A copy of Diversified’s current written disclosure brochure which discusses, among other things, the firm’s business practices, services and fees, is available through the SEC’s website at: www.adviserinfo.sec.gov. Diversified, LLC does not provide tax advice and should not be relied upon for purposes of filing taxes, estimating tax liabilities or avoiding any tax or penalty imposed by law. The information provided by Diversified, LLC should not be a substitute for consulting a qualified tax advisor, accountant, or other professional concerning the application of tax law or an individual tax situation. Nothing provided on this site constitutes tax advice. Individuals should seek the advice of their own tax advisor for specific information regarding tax consequences of investments. Investments in securities entail risk and are not suitable for all investors. This site is not a recommendation nor an offer to sell (or solicitation of an offer to buy) securities in the United States or in any other jurisdiction.