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Should Taxes on Tips Stay or Go? | Social Security Credits and How They Work | The Right Planning After Dementia Diagnosis

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Sat, Aug 31, 2024 10:55 AM

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Should Taxes on Tips Stay or Go? | Social Security Credits and How They Work | Party Tips From a Fin

Should Taxes on Tips Stay or Go? | Social Security Credits and How They Work | Party Tips From a Financial Planner: The Truth Behind 'Buy Low, Sell High' Created for {EMAIL} | [Web Version]( August 31, 2024 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [X]( [Youtube]( [Instagram]( [SIGN UP](format=multipart) ⋅ [WEBSITE]( [] Top Story [] [Should Taxes on Tips Stay or Go?]( [Should Taxes on Tips Stay or Go?]( (Getty Images) Vice President Harris and former President Donald Trump have both pledged support for eliminating taxes on tips. [Will it happen](? [] Social Security [] [Social Security Credits and How They Work]( [Social Security Credits and How They Work]( (Getty Images) Social Security checks primarily serve as an income stream for retirees, but benefits can also be claimed for people who are disabled or widowed. Regardless of the type of Social Security you claim, [you must earn those checks through a system of credits](, writes attorney Patrick Simasko. [Help Minimize Your Taxes in Retirement]( Our advisors can help you focus on withdrawing your retirement money in a way that helps keep your taxes low. The less you pay in taxes, the longer your money can last. You've worked hard to build up a nest egg and Vanguard advisors are here to help. [LEARN MORE]( ADVERTISEMENT [] Personal Finance [] [Party Tips From a Financial Planner: The Truth Behind 'Buy Low, Sell High']( [Party Tips From a Financial Planner: The Truth Behind 'Buy Low, Sell High']( (Getty Images) When it comes to executing the advice of buying low and selling high, [many factors must be considered](. [] Investing Basics [] [A Guide to the Dow Jones]( [A Guide to the Dow Jones]( (Getty Images) The Dow Jones Industrial Average has been around since 1896, which makes it the longest benchmark of the U.S. stock market. [But many, including investors, have no idea what it is](. [Smart Spending Abroad: Key Tips for Travelers]( As the U.S. dollar shines against other currencies, it's time to travel smart. Here are five expert money-management tips to help you save and get the most out of your global adventures. [Learn More]( ADVERTISEMENT Featured Content Sponsored Content from Kiplinger Personal Finance Magazine [Build wealth. Cut taxes. Retire rich.]( Get a [FREE ISSUE]( of Kiplinger Personal Finance magazine, and save up to 74% to subscribe. Includes special issues such as Investing Outlook, Retirement Planning, Mutual Fund Roundup, and Guide to ETFs. Count on Kiplinger for trustworthy help to make more money, keep more of the money you make, and live a financially secure life. [CLICK HERE]( [] In Case You Missed It [] [Wait, My Homeowners Insurance Limits What?]( You might be surprised by the limits on what your homeowners policy covers, but there’s a reason for that, and there’s also something you can do about it. Insurance executive Karl Susman gets into the details. [Find Them Here]( [] Financial Planning [] [Planning After a Dementia Diagnosis]( Financial, medical and safety preparations can ease the burden for caregivers while ensuring your loved one receives their preferred care, wealth strategist Douglas Rothermich. [Read More]( [Your IRA, made to order]( Choose where and when you want to retire, and a Betterment IRA can help make your money hustle all the way there. [LEARN MORE]( ADVERTISEMENT ABOUT KIPLINGER When we write about money, we get it right. So the decisions you make with your dollars are also right. Kiplinger is a trusted provider of unbiased financial advice, objective business and economic forecasts, and practical help to millions of business professionals, investors, and individuals seeking to make more profitable decisions with their money. Our [flagship publications]( include [Kiplinger Personal Finance]( magazine, [The Kiplinger Letter]( [The Kiplinger Tax Letter]( [Kiplinger Retirement Report]( and [Kiplinger Investing for Income.]( All are regarded as the leading publications in their respective fields. Every day, millions of readers rely on our [free e-newsletters]( for help on everything from getting the best rate on a mortgage or car loan, to managing their businesses in an uncertain world, avoiding an IRS audit, building wealth for a secure retirement, or investing wisely in any kind of market. Now it’s your turn to reap all the rewards Kiplinger has to offer. Visit [Kiplinger.com](, your gateway to all of the above and much more. Check in any time for our latest advice on how to make more money, and keep more of the money you make. Stay right on the money, with Kiplinger. [Sign Up](format=multipart) | [Print Publications]( | [Unsubscribe]( [Privacy Policy]( | [Cookies Policy]( | [Terms and Conditions]( CONTACT US: [FEEDBACK](mailto:mailto:alerts@kiplinger.com) | [ADVERTISE]( [Future]( Future US LLC © Full 7th Floor, 130 West 42nd Street, New York, NY, 10036

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