Top of the Tax Scams

If you have a cell phone or a cell phone number, you can benefit from today's episode. There is no denying that the pandemic has altered our economy, but that is not the only monetary issue that comes with that. Tax scams are everywhere and the guys take you through 9 scams that you need to watch out for in 2020. Learn how to protect yourself today!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.