EPISODE · Jul 11, 2019 · 55 MIN
Death and Taxes…Smile :)
from Money On Tap · host Ben Brayshaw & Seth Krussman
The grim reality of that special day that comes every year – Tax Day! Today we look at that dreaded day and some of the things you should be aware of and how it may affect you.The post Death and Taxes…Smile :) appeared first on Money On Tap.Is it too late to fix my retirement at 50?No — the 50s are the catch-up years by design. Catch-up provisions let you contribute above the standard limits to 401(k)s and IRAs, the HSA offers triple tax advantages for future healthcare costs, and a backdoor Roth can build a tax-free bucket even if your income is too high for direct contributions. Pair those with a segmented "bucket" strategy — instead of retreating to CDs and cash — and most late starts can still be rescued. The first step is knowing your income need, not chasing a number.
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Death and Taxes…Smile :)
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