#Retirement Income

6 Things You Should Know About Buying a Home in Retirement

Retirees, even those who’ve owned a home for decades, can face unaccustomed challenges when buying a home. As you approach or enter retirement, you are likely to be thinking less about good schools and more about good hospitals and public transportation. Older home shoppers typically favor smaller, single-story homes....
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Iowa House Republicans introduce bill eliminating taxes on retirement income

DES MOINES, Iowa — Iowa Gov. Kim Reynolds announced during her Condition of the State address that she wants to eliminate state taxes on retirement income. Republicans in the Iowa House of Representatives are moving quickly on the issue, with 56 GOP state representatives sponsoring House File 2026 last Thursday. “We have a billion dollars […]
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State Sen. Reeves Introduced Youngkin Legislation to Cut Virginia Veterans’ Income Tax, Expand Child Care Subsidy Eligibility

Governor Glenn Youngkin is enacting some of his policies by executive order, but he’ll have to work with legislators to get other initiatives passed. State Senator Bryce Reeves (R-Spotsylvania) has introduced two bills focused on the governor’s goal to make Virginia more veteran friendly. “The bills, carried by...

4 Ways to Save for Retirement Without a 401(k)

Millions of people use 401(k) accounts to save for retirement each year. These tax-advantaged savings accounts invest your money in long-term mutual funds, stocks, bonds and other securities to grow your nest egg over time. But there’s a catch: You can only open a 401(k) at work — and not...

Iowa House Sees Bill On Eliminating Retirement Tax

(Des Moines, IA) -- Iowa lawmakers are following Governor Kim Reynolds' lead after her Condition of the State address. A bill eliminating state tax on retirement income in Iowa has been introduced and sponsored by over 50 Iowa Republican lawmakers. Governor Reynolds said last week in her speech she wanted to create relief for Iowa seniors by removing the taxes. The Governor also said she wants to eliminate state tax brackets and create a four percent state income tax for all Iowans.

Why Women Need to Take a More Active Role in Their Financial Futures

It’s a phenomenon I see often. Too many women leave decisions about their financial futures to their husbands — and that’s hardly a retirement plan. And because women tend to live longer than men, it’s imperative that they take an active role in plotting out what’s happening with the money that will see them through the latter part of their lives.

Iowa legislators respond to Gov. Reynolds' Condition of the State address | 'This Week in Iowa'

DES MOINES, Iowa — Iowa Gov. Kim Reynolds outlined her priorities for the 2022 legislative session during the Condition of the State address from Tuesday. Among those priorities is a proposal that would cut taxes by nearly $2 billion by moving to a 4% flat income tax phased in over four years. It would also repeal all state taxes on retirement income beginning next year.

San Clemente Area Weekday Events: Check Out What's Happening

SAN CLEMENTE, CA — Looking to go on a family outing? Hoping to spend a night out with friends? See what’s new on your San Clemente Patch community calendar. Check out what’s happening and what might interest you before you make plans. Looking to host an event?...

Legal Docket - Disability rights and retirement plans

MARY REICHARD, HOST: It’s Monday, January 17th, 2022 and you’re listening to The World and Everything in It from WORLD Radio. Good morning! I’m Mary Reichard. NICK EICHER, HOST: And I’m Nick Eicher. It’s time for Legal Docket. On Thursday, the U.S. Supreme Court handed...
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Senior Living: Secrets to a happy retirement

A study was done a couple of years ago, (pre-COVID) that I want to share with you. It was designed to determine the reasons why some retirees are happier than others. This advertisement has not loaded yet, but your article continues below. Article content. When we think about it —...

Your Retirement Readiness Checklist

A good portion of my financial planning clients are in what I’d call the retirement readiness zone, meaning they are 1-5 years away from retirement. They want a check-up on their financial situation and answers to big burning questions like, when can I retire, how much money can I spend, how long will my money last, and how to withdraw from my savings and investments to create the retirement income I need.