Extreme Investor Network

If I Receive $3,000 in Social Security, Does My Wife Need to File Separately for Her Spousal Benefit?

January 11, 2025

If I Claim $3,000 in Social Security, Does My Wife Have to Separately File for Her Spousal Benefit?

Understanding Social Security Spousal Benefits: A Deep Dive When it comes to planning for retirement, many couples prioritize understanding Social Security spousal benefits. While these benefits can significantly enhance retirement income, it’s essential to understand … Read more

Spousal Allowances are not Appropriate

April 13, 2024

Allowances are for kids — not your spouse

Title: Rethinking ‘Allowances’ in Relationships: A Better Approach to Shared Finances Are you tired of scrolling through social media feeds filled with #tradwives and #SAHGs showcasing extravagant lifestyles funded by their partners’ allowances? The concept … Read more

Maximize Tax Savings by Contributing to a ‘Spousal IRA’

March 26, 2024

You can still lower your tax bill with a 'spousal IRA' contribution

Are you looking to lower your 2023 tax bill or boost your refund? One lesser-known retirement savings strategy for married couples could help you do just that. It’s called a spousal IRA, and it’s a … Read more