Category: Youtube Video

Seniors Income Tax 2024: Deductions and how to file now

Tax season is here, and seniors need to take advantage of every possible deduction to maximize their savings. The 2024 tax year offers several benefits for retirees, including higher standard deductions, potential tax credits, and special deductions for medical expenses, retirement income, and charitable giving. This guide breaks down key deductions available to seniors, including the increased standard deduction for those 65 and older, ways to reduce taxable Social Security income, and credits that can lower your overall tax bill. Learn how to file efficiently, whether through online e-filing, professional tax services, or free IRS programs designed for retirees. Don’t leave money on the table—find out how to optimize your 2024 tax return today.

Read More

Gen-X only 20 years to retirement get planning now

This is the first in a series of articles designed to help Generation X prepare for retirement. With only two decades remaining for many Gen Xers before they reach their golden years, now is the time to take control of your financial future. From understanding key financial products like Roth IRAs and employer-sponsored retirement plans to learning how to maximize Social Security benefits, this series will cover essential tools and strategies to set you on the path toward a comfortable lifestyle. Stay tuned for insights on navigating financial challenges, reducing debt, and building a robust retirement nest egg.

Read More
Loading

RETIRE COAST PODCAST