How much attention do you pay to this factor? Will you pay higher taxes in retirement? Do you have a lot of money in a 401(k) or a traditional IRA? If so, you may receive significant retirement income. Those income distributions, however, will be taxed at the usual rate. If you have saved and invested well, you may end up retiring at your current marginal tax rate or even a higher one.
[+] Full Article Will Teachers Get the Retirement They Deserve? - 04/20/18
Classroom educators are coping with hybrid plans and pension fund shortfalls. Arizona. Kentucky. Massachusetts. Michigan. Pennsylvania. Rhode Island. Tennessee. In these states and others, teachers are concerned about their financial futures. The retirement programs they were counting on have either restructured or face critical questions.
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Tooth Fairy's Generosity Flying High
October 6, 2015
Talk about an economic stimulus plan – at least for the next generation of investors.
According to the Delta Dental® Tooth Fairy IndexSM, the average gift from the Tooth Fairy was a record-setting $4.36 in 2014. Total payouts for those pearly whites added up to an estimated $255 million.
Delta Dental created The Original Tooth Fairy Poll® in 1998, and the statistics provide a general indication of the overall U.S. economy. The Tooth Fairy Index has tracked with the S&P 500 Index® in 11 of the past 12 years.
Last year’s average increased 24.6% from the $3.50 average in 2013. The S&P 500 increased 11.4% last year.
The tooth fairy tends to pay a premium during her initial visit. The average gift for the first tooth was $5.74 last year, an increase of 27% from 2013.
Begin the conversation early with your children and grandchildren about the basics of investing.
Author, Aaron Lopez, Transamerica New Age of Advice