Important Facts About Saving Bonds By: Joe Goertz Unlike traditional bonds, saving bonds are not subject to the ups and downs of the stock market. Savings bonds are low risk, government-backed bonds with guaranteed rates of interest. There is a tax advantage to savings bonds because the owner may be able to partially or completely exclude their interest from Federal income tax.
There are three types of saving bonds: I, EE/E and HH/H. They are issued by the US Treasury Department. They can only be purchased in one of three... Tags: saving, bonds
Saving Money With Tax Free Medical Plans By: Tax Savers Do you have medical expenses that you incur every single year? Do you always use up your entire medical insurance deductible on co-pays?
If so, there are a couple of medical saving plan available that would allow you to use tax-free money to pay for your medical expenses. That is an automatic 28%+ savings! You see every time you pay the co-pay using your checkbook, credit card, or debit card you are paying with money that has already taxed by the federal, state, and local ... Tags: taxes, 401K, tax free, medical plan, medical expenses, insurance
As human beings we are compelled to help those who are less fortunate than ourselves. It makes us feel good inside when we are able to help a family in trouble, donate money to the church, or donate our old clothes to the Good Will. But did you know that these acts of kindness can actual lower the amount of taxes that you pay?
Do You Know How Income Taxes Are Calculated? By: Mark J. Orr, CFP This is the first of a series of 2007 Tax reference sheets that I'll be sharing with you over the next month or so. This one focuses on some of the major federal income tax key numbers. I'll do future ones for estate planning, retirement planning and business planning in the not too distant future so stay tuned.
Easy Ways to Start Saving By: rateempire The holidays can really have us searching for a deeper meaning -- one that tells how to make the dollars go further. There are easy ways to start saving money. Tags: saving money
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