Category: sacrifice
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Should I Sacrifice Retirement Funds to Eliminate $240K in Debt?
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With stocks and bonds declining, should I use retirement assets, such as a Simplified Employee Pension Plan (SEP) IRA, Roth, or annuity, to pay off credit card debt? My stocks are down 15% to 20%, and my annuity is the only investment in a positive direction. I just turned 59…
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Should I Sacrifice Retirement Funds to Eliminate $240K in Debt?
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With stocks and bonds declining, should I use retirement assets, such as a Simplified Employee Pension Plan (SEP) IRA, Roth, or annuity, to pay off credit card debt? My stocks are down 15% to 20%, and my annuity is the only investment in a positive direction. I just turned 59…
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Reeves considers ending salary sacrifice tax breaks for electric vehicles, sparking industry backlash
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Chancellor Rachel Reeves is reportedly considering scrapping tax breaks for salary sacrifice schemes used by tens of thousands of drivers to rent electric cars. The move is likely to deal a major blow to the UK’s march towards widespread electric vehicle adoption. The Treasury is reviewing whether to scrap or…
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Reeves considers ending salary sacrifice tax breaks for electric vehicles, sparking industry backlash
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Chancellor Rachel Reeves is reportedly considering scrapping tax breaks for salary sacrifice schemes used by tens of thousands of drivers to rent electric cars. The move is likely to deal a major blow to the UK’s march towards widespread electric vehicle adoption. The Treasury is reviewing whether to scrap or…