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The government took her social security benefits.🤔 Many people retiring today have limited knowledge on how social security or other financial instruments works. They were taught to save money while working, without understanding distributions in retirement. They were told they’ll qualify for SS, without understanding the intricacies. Most people fail to realize that retirement ONLY means you stopped working a job, it doesn’t mean you stopped learning about money and how it works, especially du
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Thank you to all who came down for our annual #SeamlessFillingFromSoftware (SFFS) fair🙏 The energy, questions, and connections made throughout the day reinforced our purpose: building a future of seamless, fast and accurate filing for businesses. #SeamlessFilingFromSoftware makes tax filing easy. Businesses and employers can use accounting or payroll software to submit Corporate Income Tax, GST (F5/F8), AIS, IR21 and GST InvoiceNow directly to IRAS with just a few clicks. One-Stop Payroll (OSP)
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💡 We’re excited to introduce IRAS x Tax Academy: Trainer Conversations – a new series showcasing the unique stories of IRAS staff who double up as Tax Academy trainers, bringing real-world expertise from the #IRASFam to the classroom. First up, meet Chin Sau Hing, Deputy Director at IRAS Individual Income Tax Division. For 3 years, she has been teaching in Tax Academy’s Income Tax Level 1 and 2 programmes - bringing her frontline experience straight into the classroom 👩‍🏫 In this episode, Sau
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Build tax-free wealth for your retirement with a Roth IRA. When you start investing as early as possible, compound interest is on your side. 📚 All content for educational purposes only. Not financial advice. 👩‍💻 Check out shewealthofficial.com for a free 15-minute course on how to open a Roth IRA and start investing step by step. 🌱 Follow me to build financial confidence. #rothira #ira #taxfreeretirement #personalfinanceforwomen #financialliteracy
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If you own two or more properties, the good news is you’re able to conveniently view the property tax information of all your properties in one dashboard. Make payment at mytax.iras.gov.sg today. #PropertyTax2025
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These are the only 5 things you need to know about Roth IRAs for the rest of your investing life, even if you’re starting late. Most people hear *“open a Roth IRA”* but no one explains what actually matters. Once you understand these basics, everything else gets simpler. 💬 Comment “INVEST” If you want to join my next Beginner’s Investing Workshop. — Steve If you’re ready to start investing this year, don’t miss my Beginner’s Investing Masterclass. Sign up now — link in bio. Follow @calltoleap F
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Like this visual? Grab a FREE copy of my most popular visuals (link in bio). 👉 FOLLOW @brianferoldi for more content like this. 401K VS IRA VS ROTH IRA explained 💰 401(k) vs IRA vs Roth IRA Explained Simply All three accounts help you save for retirement, but they work in very different ways. Here’s the breakdown 👇 🏢 401(k) Offered through your employer Funded with pre-tax dollars Contributions reduce your taxable income Taxes are paid when you withdraw in retirement Employer match is the bi
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Don’t get hit with unwanted taxes and penalties! Be aware of the Roth IRA 5-Year Rule The IRS mandates at least 5 years pass between Jan 1 of the year of your first Roth contribution and when you withdraw earnings from your Roth IRA. Otherwise, your earnings may be subject to taxes or penalties (or both). To avoid, don’t withdraw capital gains until you are over age 59-1/2 and at least 5 years have passed since your initial contribution. 📚 All content for educational purposes only. Not financia
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If you also worry about helping your parents retire, you found the right page! I help first-gen kids strategize not only about their own net worth, but also about their parents’ and siblings’ futures. Trust me: the more you know about your parents’ options (HYSAs, IRAs, HSAs, income goals, estimated SS retirement benefits, etc.), the less scary and lonely this undertaking will feel! You and your family have more resources than you think. It’s all about getting informed ASAP. #firstgen #latina #i
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