Forbes: Which States Don't Tax Retirement Income?
“Retirement income is normally taxed as ordinary income at the federal level, just like when you are working and receiving a W-2,” says Rob Burnette, CEO, financial advisor and professional tax preparer at Outlook Financial Center.
U.S. News & World Report: How 2023's Social Security COLA May Raise Retiree Tax Bill
“Social Security recipients are going to lose a portion of their increase to taxes, and some will be paying taxes on their benefits for the first time,” says Rob Burnette, CEO and financial advisor at Outlook Financial Center in Troy, Ohio.
CNBC: How to Build an Emergency Savings Fund During an Era of Inflation
Start by making a spreadsheet so you know what it takes to run your household on a monthly basis. Your list should include all expenses you may incur such as rent, food, insurance, utilities, car payments, charity, student loans, vacations, said Lori Gross, financial advisor at Outlook Financial Center in Troy, Ohio.
Authority Magazine: Thriving As A Woman In a Male-Dominated Industry: Lori Gross of Outlook Financial Center On The Five Things You Need To Thrive and Succeed as a Woman In a Male Dominated Industry
Lori Gross is the lead investment advisor at Outlook Financial Center in Troy, OH. She is licensed to offer investment advice and insurance products. Lori is also a Medicare advisor, helping seniors understand the complexities of Medicare insurance in an easy-to-understand educational setting. Lori is an ambassador for the Troy Area Chamber of Commerce as well as an active member, board member, and President of the Kiwanis Club of Troy.
InsuranceNewsNet: Advisors, Tax Pros Weigh in on Best Year-End Planning Tips
“In other words, sell Pepsi and buy Coke,” said Rob Burnette, CEO at Outlook Financial Center, in Troy, Ohio.