Retirement

Is Social Security Taxable?

by Naveed Lodhi | Jan 1, 2025

The information in this article is up to date for tax year 2024 (returns filed in 2025). If you’re preparing for retirement, you might be wondering if social security is taxable income. The short answer: Yes. The longer answer: It depends. Social Security…

Year-End IRA Reminders

by Naveed Lodhi | Dec 28, 2024

Maximizing Your Retirement Income While Minimizing Your Taxes: Avoid These Critical RMD Mistakes

by Naveed Lodhi | May 5, 2023

As you transition into retirement, you will face many choices, both personal and financial. From how to fill your time to how to fill your wallet, the choices you make now will ripple through every year of your retirement. In the early days of your retirement, you can…

6 Ways to Avoid the IRA Early Withdrawal Penalty

by Naveed Lodhi | Mar 22, 2023

How to Save $1 Million for Retirement

by Naveed Lodhi | Mar 27, 2020

You can’t just speak being a millionaire into existence. You need to create a plan and follow through. There are 18.6 million people in the United States who have at least 7 figures in their bank account. If you play your cards right, you may be able to join them. …

Why You Should Join Your Employer’s 401k Plan

Jan 29, 2020

Forty-six percent of Americans have no money saved for retirement, but it’s not too late to start. Contributing to a 401k is a hassle-free way to build wealth and earn tax breaks. If you’ve been iffy about joining your employer’s plan, here are some…