taxes Archives | McIntosh & Associates, Inc.

Tag Archives: taxes

Enjoying a comfortable retirement depends on how well you prepared ahead of time to support your desired lifestyle, and how well you keep a pulse on your financial well-being after you retire. You may need to check periodically to ensure you can continue to afford retirement and health-care needs, no matter how much planning you […]

Make your retirement happen! What makes age 70 1/2 so significant? Required minimum distributions (RMDs) most commonly are taken from traditional Individual Retirement Accounts (IRA), workplace retirement plan accounts—401(k)/403(b)/457—or self-employed retirement plan accounts at the age of 70 1/2 for retirees. If you’re at or near retirement age, you’ll soon have to pay taxes on your IRAs […]

There’s more to do than plan your New Year’s party – the final days of the year are an important time to take a good look at your finances. Financial professional Mindy McIntosh talks with WSMH FOX66 Profitt Report about five smart money moves to make before the New Year that will help your finances […]

If you’ve been putting money away into a retirement account for a few years, it can be tempting to dip into those funds. However, withdrawing from your 401(k) or IRA early usually means penalties. The penalties can be significant: Forbes reported that Americans paid an estimated $5.8 billion in penalties on retirement account withdrawals on […]

Home loans often make up significant amounts of household debt, and reducing as much debt as possible before entering retirement can seem like a promising idea. But, as with many other financial questions, there is no precise answer; it all depends. The Consumer Financial Protection Bureau estimates that 30% of homeowners 65 and older—about 6.5 […]

Mindy talks with Michigan’s WSMH Fox66 Profitt Report about politics and your retirement. During years of political change we often hear people wondering if politics in Washington D.C. will impact our lives in mid-Michigan. “Is there much difference between democratic and republican? And do we need to worry about who’s in the administration?” McIntosh said. […]

We’re in the midst of the holidays, travels, family gatherings, and more. And though life is busy, any free moments you can spare for a little tax planning will help you stay ahead in 2017. We’re happy to share with you highlights of tax planning tips. That way, you can create strategies today to help you minimize your […]