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Financial Literacy For Beginners: Steps To Financial Success

Success

Whether preparing to buy a home, start a business, travel the world or retire early, a good understanding of financial concepts will set you up for success. While the idea of investing may seem intimidating or confusing at first, it’s crucial to educate yourself on the different investment types available.

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“Silver Tsunami” To Create Urgent Workforce Shortages By 2032, Analysts Predict

Allwork

Baby Boomers continue to retire at unprecedented rates, leading researchers to say the workforce will experience large labor shortages in the coming years. Lightcast’s report reveals an urgent need for local governments, educators, and businesses to prepare for the future of work.

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How to ‘Invest Like a Girl’

Success

I don’t have a formal education in finance,” Spangler admits. Contribute to an employer-sponsored retirement fund Put a percentage of your paycheck into an employer-sponsored retirement account. Also, a retirement contribution will reduce your taxable income for the year.

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6 Commonly Overlooked Tax Deductions to Maximize Your Return

Success

“Can a dead person deduct medical expenses?” “Can Educators can claim up to [$300] for classroom-related expenses, while student loan interest deductions offer relief for borrowers. I work from home and use my home garden for nutrition education a lot. Can I claim my pet as a dependent? What about my au pair?”

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What is a Special Needs Trust?

Success

Money in a special needs trust is managed by a trustee and can be used for housing, transportation, education, health and other expenses that supplement government benefits. So, keeping any other finances separate, such as in a trust, is important to maintain funding from the government. How is the money in a special needs trust used?

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How Financial Wellness Programs Can Benefit Employees and Employers

Success

Gone are the days when new employees received a list of the company holidays during onboarding and a packet with information about how to sign up for health care and retirement benefits. Employers are now providing a broader suite of benefits and are increasingly recognizing the importance of financial wellness programs for employees.

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Want To Be a Freelancer? Here’s How to Get Started

Success

This article appears in the September 2024 issue of SUCCESS+ Magazine. Photo by PeopleImages.com – Yuri A/Shutterstock The post Want To Be a Freelancer?