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February 12, 2025
By
The Admiral Staff
This review assesses TaxAct, a more affordable online tax preparation service compared to popular options like TurboTax and H&R Block. TaxAct offers four pricing tiers—Free, Deluxe, Premier, and Self-Employed—catering to different tax situations, with options for live professional help. Key features include easy data import, FAFSA guidance, and a $100,000 accuracy guarantee. While it’s praised for its affordability and ease of use, it lacks personalized audit
February 11, 2025
By
The Admiral Staff
Adjusting to a fixed income in retirement requires mindful budgeting and cost-cutting. Strategies include downsizing housing, renting out unused rooms, and cutting grocery expenses through coupons and generic brands. Saving on healthcare is crucial, utilizing Medicare, prescription drug cards, and free wellness activities. Entertainment can be found through free community events, volunteering, and taking advantage of senior discounts. Other tips include selling unused items, pursuing free education, and paying off lingering debt to free up cash flow.
February 11, 2025
By
The Admiral Staff
The article discusses the likelihood of a stock market crash in 2025 and provides advice on how to prepare. While crashes are inevitable and historically followed by recovery, the current economic climate makes predicting market behavior difficult. The article recommends building an emergency fund, practicing dollar-cost averaging, limiting individual stock investments, reevaluating risky investments, and potentially planning to invest more during a crash. Ultimately, it advises against panic-selling and encourages a long-term, patient approach to investing. It
February 9, 2025
By
The Admiral Staff
Self-employed individuals, freelancers, and gig workers often lack traditional employee benefits and retirement plans, leaving them responsible for their own retirement savings. The article outlines two main types of retirement accounts: defined benefit plans (like pensions) and defined contribution plans (like 401(k)s). For the self-employed, viable options include the Individual Retirement Arrangement (IRA), Roth IRA, Solo 401(k), SEP-IRA, and SIMPLE IRA, each with different contribution limits
February 8, 2025
By
The Admiral Staff
This article offers budget-friendly Valentine’s Day gift ideas, suggesting shoppers utilize discount stores to find thoughtful presents for under $10. Beyond traditional options like candy and cards, the article proposes creative, personalized gifts like curated playlists, handwritten notes, homemade baked goods, a cozy movie night, or luxurious bath items. It also suggests earning extra cash through online surveys and tasks to fund the celebration, listing several platforms like InboxDollars and FreeCash.
