Tax Withholding – Are you withholding too much?
The CFP® Pro Tip of the Week: WITHHOLDING LESS – Many people make the mistake of over withholding taxes from their paychecks in order to get a big refund. Remember that a big refund is nothing more than you extending an interest-free loan to Uncle Sam. See how to make the money you earn throughout the year work harder for you by withholding less and reinvesting into your own retirement!