Top Tax Breaks and Deductions for Seniors
An advantage of turning 65 is qualifying for certain income tax exemptions and credits. Here are a few of the top 2020 tax breaks for seniors. Tax season 2021 (for […]
Author: Colleen Bagdon
Colleen Bagdon has been Redmond, Washington-based freelance writer for the past 16 years, specializing in travel, health-wellness, parenting, real estate and pop culture topics. Her pieces have been featured on Medium.com, Wehavekids.com and other online sites. In addition, Colleen has many years experience in crafting press releases, ads and other marketing materials for both for-profit and non-profit business and organizations. When she isn't writing, she enjoys hiking, cooking, swing dancing and spending time with her family and granddaughter.
How to Protect Your Retirement Finances After a Divorce
One in four divorces are to couples over 50. Since retirement accounts are often a large chunk of an individual’s assets at that age, it is important to protect your […]
Why Invest in a Life Insurance Retirement Plan?
Consider a life insurance retirement plan if you have maxed out traditional retirement accounts. Known as permanent life, these plans offer the security of life insurance and the advantage of […]
Consolidating 401K’s, IRA’s and Other Retirement Accounts
Are you thinking of consolidating multiple 401K’s, IRA’s and other retirement accounts? Here are the pros and cons along with a guide to consolidation. If you have switched jobs, you […]
The Difference Between Qualified Versus Non-Qualified Retirement Plans
Determining the difference between qualified and non-qualified retirement plans can be confusing. Here is a guide to assist in retirement planning. In 1980, over 38% of Americans had access to […]
Tips for Downsizing in Retirement
Downsizing to a smaller home or perhaps moving to a new community is not easy. Here are tips to make downsizing in retirement a bit easier. According to a 2018 […]
Best Financial Benefits of Downsizing in Retirement
If you are retiring soon, becoming empty nesters, looking to move to a more tax-friendly state or are overwhelmed with home maintenance, downsizing to a smaller home is enticing. However, […]
T-Mobile’s Unlimted 55+ Plan Review for Seniors
If you are 55+ and want to save money on cell phone bills, consider one of T-Mobile’s Unlimited 55+ Plans for Seniors. They offer discounts on the features of other […]
Best Retirement Gifts for Your Male & Female Colleagues
Do you have a colleague retiring soon? Here is our guide to the best funny, inexpensive, extravagant and heartfelt gifts to honor your co-worker. Whether you are looking for a […]
Can I Deduct Taxes from My Retirement Account?
Retirement account contributions are tax-deductible under certain conditions. You can also withdraw retirement accounts funds tax-free under certain conditions. There are certain retirement account strategies that you can take to […]