MoneyWise | January 26, 2019

Lower Your Taxes

Show Notes

If you're sticking to your New Year’s resolutions, good for you! You’re spending more time in the Word, and maybe you’ve lost a pound or two already.  But it’s not too late to add one more resolution to your list. How about resolving to pay less on your taxes this year? Jesus said to give unto Caesar, but He didn’t mean to give more than you had to. On this MoneyWise, Rob West and Steve Moore have some ways to lower your tax burden in 2019. 

Then, they answer your questions at (800) 525-7000 and questions@moneywise.org about the following:

  • If you're 76 and were laid off by a company that was part of a bailout and lost almost all of your retirement account and are having a very difficult time finding a new job, are there any things to do?
  • If you and your spouse have a new baby and you’re trying to figure out the best way to save for his college, what is recommended?
  • If you have a 403(b) and have been informed that you need to roll it into another investment what should you do with the money?
  • If you've stayed with your elderly mother for the past several years and are thinking of selling her house you shared and buying a condo now that she's passed away, what should you keep in mind as you move forward with this plan?

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