Tax Benefits

Four Underrated Tax Benefits All US Retirees Over 65 Should Avail Of

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Four Underrated Tax Benefits All US Retirees Over 65 Should Avail Of

Many US retirees above 65 are on a fixed income and are dealing with stress, figuring out how to stretch their retirement savings for the remainder of their lives. Some retirees claim Social Security too early and get locked into reduced monthly checks. The top reasons for early claims are financial and health-related concerns. At … Read more

401(k) Millionaires In The US Reach All-time High in Q2: Here Are 4 Strategies They Use

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401(k) Millionaires In The US Reach All-time High in Q2: Here Are 4 Strategies They Use

According to Fidelity’s Q2 2024 retirement analysis report, the number of 401(k) millionaires in the US reached another record high, 497,000, up from 485,000 in the preceding quarter. Fidelity attributed the steady growth over the last few quarters to an improving macroeconomic landscape and more 401(k) participants starting early and steadily contributing to the employee-sponsored … Read more