Should I File My Taxes Early? When is the Tax Deadline? 2020 was certainly an eventful year for taxes! There were extensions, exemptions, loans, stimulus checks, and more – all of which can make filing that much more complicated…ugh. To clear any confusion (or at least some of it), the financial experts at Maggi Financial…
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When Should I Start Planning For Retirement?
When you’re in your 20s, 30s, or even 40s, retirement seems like a lifetime away and an account you don’t have to fund just yet. However, it’s never too early to start planning! In fact, the best time to start saving for retirement is the day you get your first paycheck. The financial advisors at…
Ways to Maximize Your Social Security
When Social Security was introduced in 1935, its intent was not to be the primary source of income for retirees, but rather a safety net for people who were unable to accumulate sufficient retirement savings. In fact, in those days, very few Americans gave much thought to their Social Security because of shorter lifespans and…
Pros and Cons of Converting an IRA
When saving for retirement, you have several tax-deferred options to choose from, however, few of those options allow you to withdraw your earnings tax-free. One option is to open a Roth IRA, but those funds have low contribution limits and if your income exceeds the established limits, you’re not even eligible to contribute! The good…
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