The new tax reform laws known as the Tax Cuts and Jobs Act (TCJA) will no longer allow alimony to be deductible by the payer and won’t be considered income to the recipient.
Building a strong network of friends and neighbors could be the best strategy for living happily and independently as we age.
No spouse, no kids, no need for an estate plan, right? Wrong. Estate plans are actually more important for single people than their married counterparts.
Most of us want the legal limit, we want to save a buck or two, but paying a lower insurance premium now could cost you a lot later, if you’re underinsured.
Proactive planning can help you be ready for whatever challenges you may face in retirement and that’s especially important if you’re single.
Much of the U.S. tax code favors those who are married, but if you’re single and qualify as head of household, you may be able to save money on your taxes.
The IRS might have a bone to pick with you, but if they do, they’ll send you a letter, they won’t call you on the phone.
Dare to be an unmarried adult in the United States and you’ll pay the price with higher taxes, higher insurance premiums and institutional discrimination