Tax

Can I contribute to deductable IRA.

Yes and No Run the numbers on the calculator below.  This is the best calculator I could find online. https://www.tiaa.org/public/products-services/ira/calculators/eligibility Best book to read before you start investing. The Simple Path to Wealth: Your roadmap to financial independence and a rich, free life I like audiobook versions of this book Try Audible and Get Two… Continue reading Can I contribute to deductable IRA.

Tax

How much SS tax and medicare tax are you paying

This is how it is calculated. Gross income - medical and dental insurance premiums HSA contribution - Uniform allowance =  Income that these taxes based on. 6.2 %  goes to social security 1.45% goes to Medicare For Example Gross income  4,000 medical and dental insurance premium   200 HSA Contribution      200 Uniform allowance… Continue reading How much SS tax and medicare tax are you paying

Investing, Tax

Finance calculators

Finance Calculators 1  Expense ratio effect calculator.  Don't forget this is Huge. http://401kfee.com/how-much-are-high-fees-costing-you/ 2 Investment Calculator. Find out what your money can earn http://www.calculator.net/investment-calculator.html 3 Global Rich List. Find out where you stand financially http://www.globalrichlist.com/wealth 4 RMD Calculator. https://web.fidelity.com/mrd/application/MRDCalculator 5 Quick tax estimate https://www.calcxml.com/calculators/federal-income-tax-calculator 6 AGI calculator.  You need this number to determine your eligibility… Continue reading Finance calculators