Tag salary

Planning For The Future

Working Until You Stop or Drop Not that long ago, the average life expectancy was considerably shorter than it is today. People worked until they died or became too ill to continue working (at which point they’d be cared for…

Title: "How to Calculate Your Effective Tax Rate." Subtitle: "Correcting the Marginal Tax Bracket False Perception." Image of three nested buckets with dollar bills in the background

How To Calculate Your Effective Tax Rate

Despite my income putting me in the 22% tax bracket for the 2019 year, my effective tax rate was only 11.4% – essentially half of the marginal tax rate! Maybe this already makes sense to you. However, there definitely seems…

Title: "Why Does My W-4 Matter?" Subtitle: "Learn how to claim what's yours all year long." Photo of a W-4 form with a pen and reading glasses

Why Does My W-4 Matter?

The U.S. government expects you to contribute a certain amount of money each year, which is referred to as your “tax liability.” What do they want from me? For the average person, your taxable liability will be determined based on…