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1 Article
Source: Common Domain

Maxing out a 401(k) is surprisingly rare — but may be easier than you think

Thursday 13:35 GMT

Andy Hill, the 37-year-old blogger and podcaster behind “Marriage, Kids and Money,” went from sorely lacking in retirement savings — to maxing out his 401(k) plan the last six years.

Hill acknowledges income growth is a crucial part of maxing out a 401(k) or other workplace retirement account, but that may not come naturally. A few ways to see an increase in earnings include looking for jobs with upward mobility (when possible) or negotiating a salary during the hiring process.

1 Article
Source: Fox News

3 Tax tips for freelancers -- by freelancers

Friday 12:40 GMT

Dan Caplinger: Freelancers got a potentially huge tax break from the changes to the tax laws in late 2017, when lawmakers added a provision known as the pass-through business deduction.

With the changes made by the Tax Cuts and Jobs Act not well understood by many Americans, taxes in the United States can be confusing enough for employees. Being a freelancer or independent contractor adds another layer of complication.


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