In our January 8th, 2023, members only group chat, I demonstrated the process for ordering a Braille credit report from the automated telephone system at 1 (877) 332-8228. Large print and audio versions of your credit reports are also available using this system. It took about five days, including Saturday and Sunday, to receive the…
ABLE accounts are tax-advantaged savings accounts for people with disabilities. The money saved in ABLE accounts can be spent on qualified disability expenses. Most importantly, having an ABLE account won’t affect the account holder’s eligibility for federal programs such as Medicaid and Supplemental Security Income. ABLE accounts can be used in a variety of ways.…
IRS Tax Tip 2023-05, January 12, 2023 In recent years, the gig economy has changed how people do business and provide services. Taxpayers must report their gig economy earnings on a tax return – whether they earned that money through a part-time, temporary or side gig. Read on www.irs.gov/newsroom/tax-tips-for-gig-economy-entrepreneurs-and-workers
Tax Tip 2023-04, January 11, 2023 Many taxpayers make quarterly estimated tax payments during the year to stay current on their taxes. Anyone who paid too little tax in 2022 needs to make a fourth quarter payment on or before January 17 to avoid an unexpected potential tax bill or penalty when they file in…
Whether you’re a financial wellness newbie or guru, the start of the new year is a great reason to make small tweaks that’ll make a big difference. Here are some money moves my family made to kick off 2023. We Opened A New High Yield Savings Account As interest rates have risen, and markets have…
Whether you are a 15-year-old blind high school student or an 81-year-old blind attorney, financial literacy can save you thousands. Check out this story from APH CareerConnect about how Lisa Lloyd believes financial literacy is key to preventing financial abuse within the blind community. This story also describes how Penny Forward is working to close…
When is Good Enough, Good Enough? Does perfectionism hold you back? Have you always wanted to go back to school, apply for a job, or start a business but you never feel ready? Do you tell yourself that you’ll start as soon as you finish your next blindness skills training, your kids start school, or…
Want to make more money but can’t work more? If so, you’re not alone. This week we talked about passive income, or income streams that take very little work to maintain once they’re set up. We also left time for anything you wanted to talk about. To enjoy this content, simply sign up for…
Do you worry about what might happen if something goes wrong with something expensive you depend on? How will you afford it if a home appliance or a vital piece of assistive technology fails unexpectedly? This week we talked about when and how to purchase warranties, insurance policies, or protection plans designed to help you…
Katie: Our goal is to help people with disabilities and others build their financial resiliency so they can be prepared for any type of life event. Chris: This is the Penny Forward podcast, a show about blind people building bright futures one penny at a time. Liz: I’M Liz Bottner. Chris: And I’m Chris Peterson.…