Proactively reviewing your health coverage, RMDs, and IRAs can lower retirement taxes in 2025 and 2026. Here’s how.

So, you’re filing taxes after your first year of retirement, feeling good about your anticipated refund. Now that you’ve switched from your salary to a pension, you must be paying significantly less ...

The provision for income taxes on an income statement is the amount of income taxes a company estimates it will pay in a given year. Typically, this is represented quarterly with each earnings report ...

is one of the most critical steps in securing a stable future. In my career as a CFP and CEO at LifeGoal Wealth Advisors, I have worked with many individuals seeking clarity on how much money they ...

When planning for retirement, it helps to know the average annual expenses. According to data from the Bureau of Labor Statistics, most retirees spend about $60,000 each year. This average provides a ...

Traditional 401(k) savings are subject to federal and state income taxes upon withdrawal in retirement. Roth 401(k) accounts use after-tax dollars, allowing contributions and earnings to be withdrawn ...

I have always believed that planning for retirement is one of the most critical steps in securing a stable future. In my career as a CFP and CEO at LifeGoal Wealth Advisors, I have worked with many ...