Federal Employees Often Overpay Taxes скачать в хорошем качестве

Federal Employees Often Overpay Taxes

Like most Americans, federal employees overpay on their taxes. This is generally because they don't understand the tax code and what they should be doing to reduce their tax bill. Federal employees have some really unique benefits that they get for government service. In this episode, we will cover some of the common things we see over and over that you should be taking advantage of to reduce your tax bills. Taxes are a really big topic. There are estate taxes. Taxes on gasoline, alcohol, and almost everything you do. We cannot cover all of them, so this episode will focus on two main topics: • federal income tax • federal capital gains tax We are not accountants and don't file taxes. This is general knowledge accumulated from many years of providing financial planning with clients. Welcome to Financial Planning 4 Feds. We are dedicated to educating federal employees on how to maximize value from their government benefits by developing and executing a financial plan. In this episode we will go over: Basics of federal income tax brackets and capital gains tax Suggest a few areas you should consider to save on taxes 0:00 Intro 1:26 Quick Refresher on Taxes 5:13 Municipal Bonds 7:45 Roth IRAs 9:33 Voluntary Contribution Plans - CSRS Bonus Account 10:54 Survivor Benefit Plans vs. Life insurance 11:54 Health Savings Accounts (HSAs) Download the eBook: https://mailchi.mp/valorwealthpartner... Federal employees and their spouses are invited to complimentary educational workshops covering their federal benefits. For details, visit: https://fedimpact.com/VWP Federal Benefit Resources: https://www.opm.gov/ https://www.tsp.gov/ https://www.myfederalretirement.com/c... https://www.myfederalretirement.com/ https://www.fedsmith.com/ Would you like to know more? https://www.valorwealthpartners.com/   / smithec     / valor-wealth-partners     / valorwealthpartners