Taxes

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Answered by Helen Barbre Stephens, Financial Adviser in Fort Worth, TX
The EITC requires earned income, which includes any self-employment income. You may qualify based on your overall income, but you won't if you don't have earned incom...
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Asked by Debra
Answered by Kim Miller, CFP®PRO+ in Redmond, WA
Hi - What are your sources of retirement income and how does the total stack up against the income you were receiving while working? Most people have a lower income ...
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Answered by Sheena Hogue, Insurance Agent in Chicago, IL
Hi, Whenever you withdraw funds from pre taxed accounts ie. Traditional IRA, 401(k), 457(b), or 403(b) you have to pay taxes. Your tax rate depends on your taxable...
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Answered by Pamela J. Horack, , CFP®PRO+ in Lake Wylie, SC
Since you and your wife are still working, you may be able to open a Roth IRA, which could be advantageous, but you would still be limited as to the total amount you c...
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