Category Archives: Paycheck
How Maximizing Tax Cut Can Help Taxpayers Lower Debt
If you’re like most folks, you like to dream of all the things you could afford if you finally got that pay raise. But what if I told you that you’ve already gotten your raise – and you’re blowing it? Thanks to a tax bill signed by President Obama in December, the majority of Americans… Read More »
Increase the Impact of Your Tax Cut By Paying Down Debt
Millions of Americans are about to finally get a pay raise. But here’s the really surprising part – millions aren’t even going to realize it until the money’s all gone. If you haven’t already heard, President Obama signed a payroll tax cut into law in December. Starting this month, just 4.2 percent–instead of the typical… Read More »
Tax Cut Agreement Could Help Atlanta Workers Lower Debt
What would you do with an extra $1,000 or more a year? You might be about to find out. Part of the tax plan between President Obama and Congressional Republicans includes a 2 percent cut in Social Security payroll taxes. So if you’re making $60,000 annually, for instance, you’ll get to keep an additional $1,200… Read More »
How Bush Tax Cut Extension Could Affect Chicago Workers With Debts
It looks like American workers could be getting a raise next year, albeit a small one. If the tax agreement between President Obama and legislators passes, one of the provisions will reduce the Social Security payroll tax rate from 6.2 percent to 4.2 percent. For someone making $60,000 a year, that’s an extra $1,200 in… Read More »
How Making a Million Dollars By Retirement Is Possible For Atlanta Savers
Remember when having a million dollars meant you were filthy stinkin’ rich? Now it just means you have enough to live modestly – though probably still comfortably – when you retire. Being a millionaire has lost some of its allure. That’s the bad news. The good news? It’s still pretty sweet to have a million… Read More »