Senior tax editor Rocky Mengle talks about the latest update of the Kiplinger Retiree Tax Map. Will states with declining revenues make life harder on retirees? Also, the Biden stimulus plan and the hazards of patent scams.   --LINKS-- Biden's stimulus plans:  https://www.kiplinger.com/taxes/602110/ways-the-biden-stimulus-package-could-put-or-keep-money-in-your-pocket; AND:  https://www.kiplinger.com/taxes/602111/third-stimulus-check-update-when-could-we-get-another-stimulus-check; Kiplinger's State-by-State Guide to Taxes on Retirees:  https://www.kiplinger.com/kiplinger-tools/retirement/t055-s001-state-by-state-guide-to-taxes-on-retirees/index.php; Patent scams:  https://www.kiplinger.com/business/small-business/entrepreneurship/602077/got-an-invention-dont-fall-for-these-patent-scams; AND:  https://www.consumer.ftc.gov/articles/0184-invention-promotion-firms; MORE:  https://www.uspto.gov/patents/basics/using-legal-services/scam-prevention  

Episode 114: Taxes on Retirees - What’s New

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Retail stock investors are said to be living in a golden age when it comes to the convenience and cost of trading. But picking a broker should still be a conscious decision. We look at today’s options. Links mentioned in this episode:  The Best Online Brokers and Trading Platforms, 2022  https://www.kiplinger.com/investing/wealth-management/online-brokers/605136/the-best-online-brokers-and-trading-platforms  Who Are the Best Small Online Brokers?  https://www.kiplinger.com/investing/wealth-management/online-brokers/605137/who-are-the-best-small-online-brokers  How a Stock Trade Actually Works  https://www.kiplinger.com/investing/stocks/601905/anatomy-of-a-stock-trade

Episode 164: The Best Tools for Investing, Stock Trading with Dan Burrows

If you’ve dutifully socked away money in a 401(k) or IRA for years, you could be in for an unpleasant shock when it comes time to take money out of those accounts. Also, the IRS is sending out a surprise round of checks. Links mentioned in this episode: https://www.kiplinger.com/retirement/retirement-planning/605109/is-your-retirement-portfolio-a-tax-bomb  https://www.kiplinger.com/retirement/retirement-planning/605146/watch-out-rmds-can-trigger-massive-medicare-means-testing  https://www.kiplinger.com/taxes/tax-refunds/605135/irs-tax-refunds-for-late-filing-penalty  https://www.kiplinger.com/retirement/medicare/602937/you-can-appeal-a-medicare-premium-surcharge

Episode 163: Is There a Tax Bomb in Your Retirement Portfolio?

Kalman Chany, author of the Princeton Review’s Paying for College will help you find every bit of tax relief available. Also, the USPS raises rates for the holidays. Links mentioned in this episode:  USPS to Raise Rates for "Holiday" Season Again  https://www.kiplinger.com/personal-finance/605110/usps-to-raise-rates-for-holiday-season-again  Paying for College, 2023: Everything You Need to Maximize Financial Aid and Afford College  https://www.amazon.com/Paying-College-2023-Everything-Admissions/dp/0593516494  Fight Inflation with Series I Bonds  https://www.kiplinger.com/personal-finance/banking/savings/savings-bonds/603848/fight-inflation-with-series-i-bonds  IRS Publication 970: Tax Benefits for Education https://www.irs.gov/pub/irs-pdf/p970.pdf  Grandparents: Now is the Time to Contribute to Your Grandkid's 529 Plans  https://www.kiplinger.com/personal-finance/careers/college/605082/grandparents-now-is-the-time-to-contribute-to-your

Episode 162: Tax Breaks for College Financing with Kalman Chany

You don’t have to be ready to retire to consider where you might go. We'll talk about how and why we make our lists of great destinations. Links mentioned in this episode:   Can You Trust TikTok’s Advice?  https://www.kiplinger.com/investing/cryptocurrency/603519/can-you-trust-tiktoks-advice How to Shop for Life Insurance  https://www.kiplinger.com/article/insurance/t034-c000-s002-how-to-shop-for-life-insurance.html 7 Standout Places to Retire  https://www.kiplinger.com/retirement/happy-retirement/604819/7-standout-places-to-retire 12 Smart Places to Retire  https://www.kiplinger.com/slideshow/retirement/t006-s002-12-smart-places-to-retire/index.html

Episode 161: Oh, the Places You (Might) Go: Picking a Retirement Destination

“Professor Cope” – NFL player and Kiplinger editor– joins us for the latest on his ventures and videos. Also, we clarify some of the terms around Series I bonds. Links mentioned in this episode:  Fight Inflation with Series I Bonds  https://www.kiplinger.com/personal-finance/banking/savings/savings-bonds/603848/fight-inflation-with-series-i-bonds   Vladimir Ilyich Lenin: Imperialism, the Highest Stage of Capitalism  https://www.marxists.org/archive/lenin/works/1916/imp-hsc/ch08.htm   Cope'ing with Money by Brandon Copeland https://www.kiplinger.com/brandon-copeland   YouTube: Bry-Bry Tries! Highlight Reel https://www.youtube.com/watch?v=bV3GPe0pYxs  

Episode 114: Taxes on Retirees - What’s New

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