Thursday, July 28, 2022

2022 Federal Income Tax Brackets and Rates for Single Filers, Married Couples Filing Jointly, and Heads of Households

2022 Federal Income Tax Brackets and Rates for Single Filers, Married Couples Filing Jointly, and Heads of Households

Article Excerpt: "The standard deduction will increase by $400 ($12,950) for single filers and by $800 ($25,900) for joint filers ..."



Resource: taxfoundation.org

2022 Federal Income Tax Brackets and Rates, Income Taxes 2022,

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Tuesday, July 26, 2022

Here’s how retirees are using their leisure time

Here’s how retirees are using their leisure time

Article Excerpt: "When you retire, you gain eight or more extra hours of leisure time each day. Retirees are generally using that extra time to linger a little longer over meals, sleep, do household chores, and watch a lot more TV, according to recently released American Time Use Survey data..."



Resource: money.usnews.com

Retirement Activities, How do retirees spend their leisure time,

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The average Social Security check increased this year due to inflation: Here’s how much it is

The average Social Security check increased this year due to inflation: Here’s how much it is

Article Excerpt: "With inflation at its highest rate since 1982, the Social Security administration made a 5.9% cost-of-living adjustment (COLA) for benefits doled out in 2022. In April 2022, the average monthly benefit for retired workers was $1,666.49. The average monthly benefit spousal benefit was $837.34. ..."



Resource: www.cnbc.com

Average monthly Social Security benefit for retired workers,Social Security, Average Social Security benefit (2022), Average monthly benefit spousal Social Security benefit,

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Monday, July 25, 2022

Now I’m delivering novel turns of phrase

https://news.yahoo.com/now-m-delivering-novel-turns-061506591.html

Now I’m delivering novel turns of phrase

Article Excerpt: "...When I was a mail carrier, my days off rotated through the week. I got one actual weekend off every six weeks, and worked all the other Saturdays. I loved that postal schedule, though. It was great to have days off in the middle of the week when other people were working. Stores were empty, and I had hiking trails to myself. I had signed on as a letter carrier at age 23, aware that I would be able to retire at 55, and even back then I knew it was a great deal. ...All I did was stick mail into the holes in people’s houses, and my former salary impresses no one. But I did retire rich. It’s easy to do if you have a solid middle-class union wage and a bit of a pension, and your idea of entertainment is to juice birds and make a bunch of stars."



Resource: yahoo.com

retirement

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Friday, July 22, 2022

What Are Alabama Tax Laws for Retirement and Social Security?

What Are Alabama Tax Laws for Retirement and Social Security?

Article Excerpt: "Most states impose an income tax on their residents, and many state income tax systems treat retirees the same way the federal government does, taxing much of their retirement income. Alabama, however, has several favorable provisions that treat retirees better than the IRS. Let's look at some of the most important ways that Alabama deals with retirees for state income tax purposes. Alabama is a generous state to retirees and older residents. With a variety of tax breaks, the state seems to encourage older residents to come and stay within its borders. ..."



Resource: www.fool.com

Alabama is a great State for Retirees, Best States for Retirees, Beautiful States, Conservative States, Low Crime States, Low Cost of Living States,

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MORE READING ON ALABAMA:

"Alabama Road Trips: 52 Ideas To Get Away" Book; “Alabama Road Trips: 52 Ideas To Get Away” Book - Walk the silver sands of Alabama’s Gulf Coast beaches. Tour the legendary Muscle Shoals Sound Studio that the Rolling Stones called “rock’n’roll heaven.” Eat some of the country’s best food in Birmingham or visit America’s most important civil rights sites in Montgomery and Selma. This great book, fully revised in 2019, provides a year full of Alabama adventures, and is a must for any traveler; 2019.

37 States That Don't Tax Social Security Benefits

37 States That Don't Tax Social Security Benefits

Article Excerpt: "...Some of them simply don't tax income at all. These include Alaska, Florida, Nevada, South Dakota, Tennessee, Texas, Washington, and Wyoming. The rest do have an income tax, but they exclude Social Security benefits from taxable income. ..."



Resource: www.nasdaq.com

States That Don't Tax Social Security Benefits

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The States That Won’t Tax Your Fed Retirement Income

The States That Won’t Tax Your Fed Retirement Income

Article Excerpt: "...there are many states (14 to be exact) that do not tax pension income at all. Here they are:..."



Resource: hawsfederaladvisors.com



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Can I take my FERS pension as a lump sum?

Can I take my FERS pension as a lump sum?

Article Excerpt: "You can request a refund of your pension contributions as a lump sum payment, or you can ..."



Resource: governmentdealfunding.com

Can I take my FERS pension as a lump sum?

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Thursday, July 21, 2022

Preparing for Retirement When You’ve Gone Through a Divorce

Preparing for Retirement When You’ve Gone Through a Divorce

Article Excerpt: "...As stressful as things might seem, a divorce doesn’t have to put a dent in your savings or delay your retirement. You can prepare as scheduled if you take the right precautions. Here are some tips about preparing for retirement in the midst of a divorce. ..."



Resource: www.nasdaq.com



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Sunday, July 10, 2022

101 Fun Things to Do in Retirement Paperback

101 Fun Things to Do in Retirement Paperback

Article Excerpt: "The Perfect Retirement Gift, or Simply a Great Read for Anyone That Loves Life and Laughter! REVISED, EXPANDED AND UPDATED ***Welcome to retirement!**** No more morning commute, no more idiotic bosses, no more stressful deadlines! You are now officially off the clock and the world is your oyster! There is no need to be bound by convention. Push the envelope. Do it weird, do it different, but most of all do it fun! Be that cigar chomping rocknroll granny if it takes your fancy. Seriously, if your kids arent worried about what you are up to, then you are probably not doing it right!..."



Resource: Amazon

retirement tips,

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Saturday, July 2, 2022

What is a good retirement income for a single person?

What is a good retirement income for a single person?

Article Excerpt: "...According to AARP, a good retirement income is about... This is because when you're no longer working, you won't be paying income tax or other job-related expenses. ..."



Resource: www.annuity.org

Single Retirement,Solo Seniors,Retiree Finances,

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4 Steps to a Happy Single Retirement

4 Steps to a Happy Single Retirement

Article Excerpt: "According to AARP’s own internal analysis of additional census data, 18% of men and women over 50 never had biological children; it’s 11% for those 75-plus. In addition, the number of Americans who never marry...people with partners or spouses and children can also find themselves facing retirement alone—through divorce or widowhood, if children move far away or become estranged. But those who have always or long been single and childfree know they have only themselves to rely on."



Resource: www.kiplinger.com

Single Retirement, Solo Seniors, Dating, Relationships,

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Threats to Retirement Benefits

Threats to Retirement Benefits

Article Excerpt: "First, yes, congress does have the power to cut benefits being received by current federal retirees. ..."



Resource: afsa.org



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Online Foreign Service Resources

Online Foreign Service Resources

Article Excerpt: While AFSA does its best to maintain information on all that may concern the Foreign Service community, we readily admit that we are not always the best resource for each and any issue. To supplement our information, we are happy to provide a constantly-increasing list of excellent online resources for a variety of subjects.



Resource: afsa.org

Foreign Service Resources,Ambassador Tracker, The Senior Living Foundation of the American Foreign Service, Retirement Newsletter,

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