Personal Finance

The month of April is a reason for many Americans to panic. That's when taxes are usually exhausted (in 2020 as well as this year, with the exception of epidemics), and many filers regularly find themselves struggling to meet those deadlines. In fact, some people are not able to pay their taxes on time and those who get on the boat may request a tax increase. The IRS is very flexible in this regard. You don't need a specific reason to ask for more time to pay your taxes. All you have to do is request an extension to the original filing deadline and you will be given an additional six months to receive your refund. If you filed a tax extension last spring, your IRS deadline is fast approaching. And if you don't, you could face serious penalties. Get that return earlyIf you have re...

If you want to enjoy your senior year to the fullest, taking the time to plan for retirement is a smart bet. But if these things apply to you, it may be time to reshape your plan. You assume you only need 15 years of income - or lessAmericans live longer these days. If you retire in the late mid-60s, you have a good chance your savings will last 20 years or more. And so if you are planning a low year income, you can sell yourself less. Of course, there is no way to know how long you will live. But you may want to err on the side of staying positive and increasing your savings rate to make sure you have enough nest eggs to stay healthy. Contributing an additional $ 100 a month or more to an IRA or 401 (k) plan can go a long way. You think you will only get fined on Social Security...

This important tax deadline is very close

3 Signs That Your Retirement Plan Needs Refresh