08.06.24 Gen X Retirement / Tax Wisdom For Contract Workers
Update: 2024-08-061
Description
New statistics showing average 401K balances by generation reveal a trouble spot. Clark focuses on Gen X. Also, if you or someone you know does contract work full time or as a side hustle, Clark has important advice about taxes.
- Gen X Retirement: Segment 1
- Ask Clark: Segment 2
- 1099 Tax Traps: Segment 3
- Ask Clark: Segment 4
Mentioned on the show:
- The Average 401(k) Balance by Age
Axios: Gen X savings gap- 7 Best Ways to Save for Retirement in Your 50s
- 30 Easy Side Hustle Ideas
- 7 Things To Know Before You Use Zelle
- 6 Steps To Eliminate Credit Card Debt in 3 Years or Less
- Consumer Cellular Review: 5 Things To Know Before You Sign Up
- Lifeline Support for Affordable Communications
- 1099 Income: Why Prepaying Your Taxes Is More Important Than Ever if You Have a Side Hustle
- A Surging IRS Penalty Is Costing Americans Billions. Here’s How To Avoid It
- Midyear Tax Planning Strategies: Five Things to Do Now
- Here's Your Estimated 2024 Tax Refund Schedule
- What Is a SEP IRA and Who Is Eligible?
- When Should You Get an Accountant To Do Your Taxes?
Clark.com resources
- Episode transcripts
- Community.Clark.com
- Clark.com daily money newsletter
Consumer Action Center Free Helpline: 636-492-5275
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