Virginia Tax Center

Virginia Tax Center If you want preparation and then to start learning and planning your own tax outcomes, that's where

If you've saved roughly six times your annual salary for retirement by now, you're not just on track; you're ahead of th...
10/09/2026

If you've saved roughly six times your annual salary for retirement by now, you're not just on track; you're ahead of the game. For many Americans, saving for retirement is a major source of stress. Here's how to know if you're on track.

For many Americans, saving for retirement is a major source of stress. Here's how to know if you're on track.

When you're in your 20s, retirement can feel comically far away. But that distance is exactly what makes starting now so...
10/08/2026

When you're in your 20s, retirement can feel comically far away. But that distance is exactly what makes starting now so powerful: Your money could have over 40 years to grow. Here's how different monthly contributions could grow — hypothetically — by age 65, depending on when you start.

Retirement planning in your 20s gives your money decades to grow. Learn how much to save, where to invest, and how to balance retirement with debt and other goals.

A little planning can go a long way. From adjusting your travel dates to cashing in loyalty rewards, these strategies ca...
10/07/2026

A little planning can go a long way. From adjusting your travel dates to cashing in loyalty rewards, these strategies can help you save money on holiday travel without sacrificing your plans.

Travel prices continue to climb, which makes visiting family or going on vacation for the holidays even more expensive this year. Here's how to save on holiday travel costs.

It’s easy to put off retirement planning, even when you’re within a decade of that date. However, it doesn’t take a comp...
10/06/2026

It’s easy to put off retirement planning, even when you’re within a decade of that date. However, it doesn’t take a complicated strategy to strengthen your retirement plan. A few strong moves in a single month can reset priorities. Here are eight money moves you can make this month to get your retirement on track.

Make smarter retirement moves now—small changes today can boost income, cut risk and strengthen your future. Start this month.

More parents could find themselves supporting their kids financially as they head into their retirement years, maybe eve...
10/05/2026

More parents could find themselves supporting their kids financially as they head into their retirement years, maybe even diverting money into college funds rather than retirement savings. The good news? There’s a major Social Security benefit for parents who’ve had kids later in life.

If you’re an older parent or grandparent raising young children, deciding when to claim your Social Security retirement benefit becomes more complicated.

Rather than focus on fear, focus on taking action. When economic conditions sour, the stock market can follow suit. And ...
10/02/2026

Rather than focus on fear, focus on taking action. When economic conditions sour, the stock market can follow suit. And that could have a direct impact on your retirement savings and income. Here's how to plan for a recession and associated stock market downturn as a retiree.

Rather than focus on fear, focus on taking action.

There are many benefits to saving early for retirement, including the power of compounding interest and more time to rec...
09/30/2026

There are many benefits to saving early for retirement, including the power of compounding interest and more time to recover from market risks. Consider adjusting your retirement plans, and don’t forget to save for your healthcare costs if you’re 50 and older.

Saving early for retirement is the key. According to experts, if you’re 50, you should save at least 3.5 to 5.5 times your salary. Don’t forget to maximize retirement contributions, reduce debt, and plan for healthcare costs.

Think twice before dropping cash on high-maintenance toys. Cash is king in retirement, and to keep more of yours, here a...
09/29/2026

Think twice before dropping cash on high-maintenance toys. Cash is king in retirement, and to keep more of yours, here are five things retirees are better off renting than buying.

Is buying always better than renting in retirement? From seasonal toys to big-ticket gear, here are five items you're better off renting.

What can a physician tell you about a happy retirement? Quite a lot, actually. Canadian doctor cracks the ‘science of a ...
09/28/2026

What can a physician tell you about a happy retirement? Quite a lot, actually. Canadian doctor cracks the ‘science of a healthy, happy retirement’ — and anyone can do it.

While you might be focused on your financial portfolio, don’t forget to make contributions to your ‘life’ portfolio.

While the Centers for Medicare & Medicaid Services (CMS) hasn't yet announced all the official details that will take ef...
09/25/2026

While the Centers for Medicare & Medicaid Services (CMS) hasn't yet announced all the official details that will take effect in 2027, early forecasts offer a preview of what's likely coming. If you're enrolled in a Medicare Advantage program, watch for your Annual Notice of Change from your plan provider in your mailbox or email inbox by Sept. 30.

Some Medicare costs for 2027 aren’t final yet, but the latest government forecasts offer a clearer picture of what beneficiaries can expect.

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