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!

Learning outcomes:

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 1^st job

Online resources: various financial calculators

Facilitator: Richard Blankenship, Franklin Street Partners