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Social Security Announces 2022 Adjustments
2022 SOCIAL SECURITY benefits have changed AVERAGE RETIREMENT BENEFITS Starting January 2022 All workers in 2021: $1,565/mo All workers in 2022: $1,657/mo The 2022 maximum Social Security retirement benefits a worker retiring at full retirement age: $3,345/mo...
Alternative Savings – NOT CASH – To Help Protect from Inflation
Consider protecting yourself from inflation by having alternative savings that is NOT cash, such as: - Low risk, dividend-paying stocks - CDs, bonds & other investments w/various maturities - Direct lending vehicles through vetted, respected facilitators -...
Make the Most of Your Vehicle Expense Deduction
Tracking your miles whenever you drive somewhere for your business can get pretty tedious, but remember that properly tracking your vehicle expenses and miles driven can lead to a significant reduction in your taxes. Here are some tips to make the most of your vehicle...
Bad Debt vs. Good Debt
Good debt adds value Good debt often leads to financial growth, because the product or service being purchased adds more value than the debt that comes with it. Student loans are usually an example of good debt because the related education allows you to earn more...
Easy Tax Deductions to Consider
Don't overpay on your taxes - take advantage of some easy deductions! There are many, but here are a few: • #CharitableExpenses – Depending on the nature of your giving & #documentation, you may be eligible for a #deduction related to #charitablecontributions ...