Author Bio: Sam started Financial Samurai in 2009 to help people achieve financial freedom sooner, rather than later. He spent 13 years working in investment banking, earned his MBA from UC Berkeley, and retired at age 34 in San Francisco. Everything Sam writes is based on first-hand experience because money is too important to be left up to pontification.
Retirement and estate planning gets more complicated. Once a single taxpayer’s annual income hits $118,000, the ability to fund a Roth IRA begins to phase out. Some workers categorized as “highly compensated employees” under IRS rules may find their ability to contribute to a 401(k) is also limited. “Being able to contribute enough to retirement plans so you can maintain your lifestyle in retirement can be tough,” says Shanna Tingom, co-founder of Heritage Financial Strategies in Gilbert, Arizona. It’s not a problem that might trouble the ultra-wealthy, but for those looking for tax relief, the loss of tax-favored accounts can hurt.
Often, what happens is that we run into unscrupulous Internet Marketers (IMs) who have less-than altruistic intentions of extracting money from you rather than helping you to make it. However, this isn't something new. People have been falling for networking marketing, pyramid schemes, and affiliate marketing scams since before the start of the net.
Instead of just taking them to the thrift shop and receiving peanuts, try using BooksCounter app. Scan the book barcode, upload it to the app’s system and see which of 20+ different buyback companies offers the highest payout. Once you found the right company, all you have to do is fill in some basic information of how you’d like to get paid, download a free shipping label and pack up all the books to dispatch.