Financial Literacy: Taxes and Savings
February 28 @ 4:00 pm - 5:00 pm
What do taxes and savings have to do with each other? We will discuss a few taxes and the entities that collect your money (hint: it is not just the federal government). And walk through a basic tax return so you can see how the various types of income impact what you will owe Uncle Sam. BONUS: info about how you might be able to file your taxes for free!
Understanding how income, debt, and risk are related
Explore the time value of money and amortization schedules
Understanding what taxes, health care, and retirement as they relate to getting that 1st job
Online resources: various financial calculators
Facilitators: Richard Blankenship, Franklin Street Partners