Six easy ways to start saving for retirement
Allstate survey shows Boomers have saved only 12 percent of what they need. Six simple tactics are outlined to boost retirement funds: tie savings to raises, share duties to cut costs, redirect freed funds from paid-off obligations, substitute tap water for costly drinks, trim small luxuries, and adopt a one percent annual saving increase.
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W-2 errors and tips from the American Payroll Association
W-2 mistakes cost you now and later. Check name and Social Security number on the form, compare Box 1 with your final pay stub, and ensure employer corrections are made promptly. If freelance income totals over 600, watch for Form 1099-MISC and request replacements if needed. Adjust withholding with Form W-4 as circumstances change.
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