SUM180 | Nancy DeFauw - SUM180 Team | Activity https://community.sum180.com/members/nancy-defauw-sum180-team/activity/ Activity feed for Nancy DeFauw - SUM180 Team. Fri, 19 Jul 2024 11:53:52 -0800 https://buddypress.org/?v=5.1.2 en-US 30 hourly 2 4e9314d3e6dec9aa8ec64cad9596f2a3 Nancy DeFauw - SUM180 Team wrote a new post, IRS: Take this money, please! You: Um, thanks?! https://community.sum180.com/?p=19342 Fri, 07 Dec 2018 15:28:09 -0800 If you’re saving in a retirement plan (either through work or on your own) you might be eligible for a credit on your income taxes.

Tax credits are quirky.  You have to owe taxes back to the government on yo […]

]]> 3aef37fd7deb4a3846c4c86e96244569 Nancy DeFauw - SUM180 Team replied to the topic Student loans in the forum Manage your debt https://community.sum180.com/forums/topic/student-loans/#post-2220 Tue, 11 Oct 2016 20:34:54 -0800 Chelsea, your motivation to get those loans paid off is great. Good for you! Consolidating both types of student loans with a reputable bank might offer some benefits such as simplified payments and potentially, a better interest rate. On the other hand, federal loans provide more protections for their borrowers, so, before you decide to…[Read more]

]]> 581b512a5ee982a2712bc307cae815ba Nancy DeFauw - SUM180 Team replied to the topic What about real estate? in the forum Save for retirement https://community.sum180.com/forums/topic/what-about-real-estate/#post-2218 Tue, 11 Oct 2016 19:56:46 -0800 Real estate, especially when it’s generating rental income for you, can help you a) diversify your investments and b) provide you additional non-work related income (good insurance in case something happens on the work front). In general, when you look at your whole investment picture, real estate should be about 25% of the total. Your home is…[Read more]

]]> 5c06ef4b1cb94ce9146bf8cdc4d520ee Nancy DeFauw - SUM180 Team replied to the topic What about real estate? in the forum Save for retirement https://community.sum180.com/forums/topic/what-about-real-estate/#post-2218 Tue, 11 Oct 2016 19:56:46 -0800 Real estate, especially when it’s generating rental income for you, can help you a) diversify your investments and b) provide you additional non-work related income (good insurance in case something happens on the work front). In general, when you look at your whole investment picture, real estate should be about 25% of the total. Your home is…[Read more]

]]> 108ba6e328f8f3adc5b0a3c6cb0cbb34 Nancy DeFauw - SUM180 Team replied to the topic What about real estate? in the forum Save for retirement https://community.sum180.com/forums/topic/what-about-real-estate/#post-2218 Tue, 11 Oct 2016 19:56:46 -0800 Real estate, especially when it’s generating rental income for you, can help you a) diversify your investments and b) provide you additional non-work related income (good insurance in case something happens on the work front). In general, when you look at your whole investment picture, real estate should be about 25% of the total. Your home is…[Read more]

]]> 4af8ba9a8e1e8401a76a75664d77d808 Nancy DeFauw - SUM180 Team replied to the topic Self-employed Retirement Plan in the forum Build your investments https://community.sum180.com/forums/topic/self-employed-retirement-plan-2/#post-2198 Thu, 06 Oct 2016 20:51:00 -0800 Hi Kelly, there isn’t a minimum you have to earn to set up a SEP, but there are some rules about who is eligible to participate. First, the SEP -IRA plan is set up by an employer for its employees (including yourself if you’re the business owner and an employee). Contributions are made by the employer on your behalf and generally, employees are…[Read more]

]]> c1600d29f700878e034bd5688cadb2b7 Nancy DeFauw - SUM180 Team replied to the topic Roth IRA vs 401K in the forum Save for retirement https://community.sum180.com/forums/topic/roth-ira-vs-401k/#post-1936 Fri, 24 Jun 2016 19:49:54 -0800 Hi Anne,

Great question and strong work you’ve done to be in this position!

The key difference, as you probably know, between the Roth-IRA and the 401k is how and when things get taxed. With the Roth, you make your contribution after you’ve already paid taxes on the earnings, but you won’t pay taxes when you withdraw the funds at retirement.…[Read more]

]]> 1fe32ecb7ca3116bf96cb6b66bef40e3 Nancy DeFauw - SUM180 Team replied to the topic Best cities to retire in the forum Plan your retirement https://community.sum180.com/forums/topic/best-places-to-retire/#post-1788 Mon, 04 Apr 2016 15:38:11 -0800 What a really diverse set of choices! A friends’ parents have recently settled in Sarasota and love it.

]]> cff6c29dd51598173047b4044572f9ee Nancy DeFauw - SUM180 Team changed their profile picture https://community.sum180.com/activity/p/351/ Fri, 25 Sep 2015 20:17:06 -0800 0 e64354d6e67b3978dcbbf532e045962d Nancy DeFauw - SUM180 Team's profile was updated https://community.sum180.com/activity/p/287/ Thu, 24 Sep 2015 20:57:54 -0800 0