The @NIRSonline reports: Approximately 40 million households have no retirement savings.
🧮SmartAsset's retirement calculator can help you determine whether you're on track to meet your retirement savings goals.
Link in comments👇
If you want to estimate whether you'll owe taxes or get a refund, running the numbers ahead of time can help you avoid surprises.
🧮SmartAsset’s tax return calculator lets you enter your income, withholding and more to see how they affect your outcome.
Link in comments👇
SmartAsset has identified several U.S. cities as “America’s new boomtowns” based on their significant increases in economic output, housing units and labor force size over a five-… https://t.co/qnPvLxzqTF
🏛️Over the past year, bankruptcy filings rose in every state except Maine. Some states saw especially steep jumps.
@Newsweek breaks down SmartAsset’s latest study on where filings are rising fastest:
https://t.co/dPDKyCXjU6
❓DYK: If you're working at 73, you may not have to take RMDs from your current employer's 401(k).
An exception allows you to postpone distributions until April 1 of the year after you retire in some situations.
Learn more RMD rules for your 401(k) (link in comments)⬇️
SmartAsset reports that rent in 100 U.S. cities rose an average of 1.73%, led by San Francisco's 14% increase, while Austin saw a 2.9% decline. https://t.co/JLxWTjh1E9
Considering a joint investment account with your spouse or family?
🟢 Potential benefits include probate avoidance and tax advantages in certain structures (e.g., JTWROS).
🔴 Risks include shared control and creditor exposure.
Learn more (link in comments). 👇
SmartAsset analyzed more than 300 midsize U.S. cities to find the safest ones:
1. @broomfield (CO)
2. State College (PA)
3. Warwick (RI)
4. @cityofames (IA)
5. @cityoflogan (UT)
See the full ranking and how each city placed👇 (link in comments)
As reported by @thehill, SmartAsset’s new study identifies where seniors report fraud and scams at the highest rates.
Highest-ranking states:
No. 1: Arizona
No. 2: Delaware
No. 3: Colorado
No. 4: Washington
No. 5: New Mexico
https://t.co/hHRxWtzdrG
North Park never fails to amaze us. 💙💛
SmartAsset recently ranked our campus as the #1 best-value school in Chicago and #2 in Illinois.
Read more about this new recognition here: https://t.co/Ke2nhcYjUX
SmartAsset analyzed where Americans are more likely to be financially struggling — and where they’re thriving.
Key findings:
• SD ranks as the state where residents are thriving most.
• NM ranks as the state where residents are struggling most.
Full results in comments.👇
Is a Roth IRA conversion worth it?
Converting pre-tax retirement accounts to after-tax Roth IRAs could allow you to keep growing funds tax-free and make withdrawals in retirement without paying taxes.
Learn more about Roth IRA conversion basics (link in comments).👇