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Thursday, October 3, 2019

Being a small-business owner isn’t easy. Luckily, the Internal Revenue Service (I.R.S.) allows small-business owners to take some surprising deductions, which may help come tax time. Did you know....

Tuesday, October 1, 2019

What financial, business, or life priorities do you need to address for the coming year? Now is a good time to think about the investing, saving, or budgeting methods you could employ toward specific future objectives. You could....

Thursday, September 26, 2019

When you reach age 70½, the Internal Revenue Service instructs you to start making withdrawals from your traditional IRA(s). These withdrawals are also called Required Minimum Distributions (RMDs). You will make them, annually, from now on.

Tuesday, September 24, 2019

Do you need to access your retirement money early? Maybe you just want to retire before you turn 50 and plan a lifelong income stream from the money you have saved and invested. You can....

Thursday, September 19, 2019

How healthy a retirement do you think you will have? If you stay fairly healthy, there could be a nice financial side effect: an exemption, for the present, from expenses that some of your peers could be dealing with.

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Tuesday, September 17, 2019

Estate planning is not just for the very wealthy. It doesn’t matter if you own a mansion or a motor home. Rich or poor, when you die you leave behind an estate.

Thursday, September 12, 2019

Some investors are puzzled when a financial professional recommends third-party asset managers to supervise their portfolios. Why would they recommend turning over the active management of the portfolio to someone else?

Tuesday, September 10, 2019

It’s great to have insurance against damage and loss, but if you can’t show proof of your possessions, it may result in a protracted settlement process with your insurance company. Have you....

Thursday, September 5, 2019

Are you prepared for the possibility – and expense – of eldercare? Any retiree or retirement saver needs to keep the possibility of extended care expenses in mind. It's never too soon to explore your options to try and meet this challenge.

Tuesday, September 3, 2019

New divorce agreements will be subject to new tax rules starting in 2019, thanks to the Tax Cuts and Jobs Act. There a two surprising ways the new alimony tax rules affect your retirement savings. How will ....

Thursday, August 29, 2019

A growing family, by definition, means growing financial obligations – both in the present and in the future. Raising children can increase your insurance needs and heightens the urgency for being properly prepared.

Thursday, August 22, 2019

What kind of role can a financial professional play for an investor? The answer: a very important one. While the value of such a relationship is hard to quantify, the intangible benefits may be significant and long-lasting. Do you...

Tuesday, August 20, 2019

When it comes to your long-term care needs, many look to select a strategy that may help them protect assets, preserve dignity, and maintain independence. If those concepts are important to you, consider your approach for long-term care.

Tuesday, August 13, 2019

The transition to adulthood is an exciting new stage that marks true independence. With this new freedom comes real responsibilities, including protecting yourself from the financial risks that life presents. Have you....

Thursday, August 8, 2019

Does your vision of retirement align with the facts? What monetary realities might you need to acknowledge as your retirement progresses from one phase to the next?

Tuesday, August 6, 2019

A diagnosis of Alzheimer’s disease can be that stunning. If your parent is diagnosed with Alzheimer’s, how can you help them as they strive to make the most of the years ahead?

Thursday, August 1, 2019

About 13 percent of all motorists, or one-in-eight drivers, do not have automobile insurance. Getting in an accident with an uninsured driver might be costly.

Tuesday, July 30, 2019

Medicare provides seniors with some great benefits. Even so, it does not pay for dental care, vision care, medicines or any real degree of long-term care. Before you enroll, take note of what Medicare does not cover and the changes ahead.

Tuesday, July 23, 2019

Most people don’t spend too much time thinking about their own funeral, and yet, many of us have a vision about our memorial service or the handling of our remains. A letter of instruction can help you accomplish that goal. Have you....

Thursday, July 18, 2019

Pursuing your retirement dreams is challenging enough without making some common, and very avoidable, mistakes. Here are eight big mistakes to steer clear of, if possible. Have you....

Tuesday, July 16, 2019

The conventional wisdom about taking a loan from your 401(k) plan is often boiled down to: not unless absolutely necessary. In a true emergency, if you had no alternative, the rules do allow for a loan, but they....

Thursday, July 11, 2019

Soon, two types of Medigap policies will no longer be sold. Seniors who enroll in Medicare in 2020 or later will be unable to buy Medigap Plan F or Plan C. This change impacts.....

Tuesday, July 9, 2019

Many people plan their estates diligently, with input from legal, tax, and financial professionals. Others plan earnestly but make mistakes that can potentially affect both the transfer and destiny of family wealth. Here are some common....

Thursday, July 4, 2019

The American family with a child born today can expect to spend about $233,610 to raise that child to the age of 18. And, you can expect your little one’s college education to cost as much as $198,000. Do you....

Tuesday, July 2, 2019

You may know someone who has been forced to seek out the generosity of their own network in order to cover the costs of health care. It may put you in mind of your own family and how you or they might deal with such a situation.

Thursday, June 27, 2019

If you follow national news, you may have heard of the Setting Every Community Up for Retirement Enhancement (SECURE) Act. If the SECURE Act becomes law, it could change retirement goals for many folks.

Tuesday, June 25, 2019

Consider making tax moves earlier rather than later. While next April may seem far off, this is an excellent time to think about tax-saving possibilities. You have plenty of time to ......

Thursday, June 20, 2019

Not all gifts are taxable. When sharing your wealth you may want to make sure you aren't giving the I.R.S. any overtime. Knowledge about the gift tax can help you give such gifts without creating a taxable situation. Are you...

Tuesday, June 18, 2019

The FIRE movement contend that many young adults can pursue financial freedom and retire in their 40s (or 30s) through sufficient commitment, investment, and resourcefulness.

Thursday, June 13, 2019

In a recent study, 35% of married couples described money issues as their primary source of stress. Potential causes of such financial stress may....

Tuesday, June 11, 2019

Worldwide, the number of people aged 60 and older is growing. How can you make things easier for your parents later in life? Your parents may....

Thursday, June 6, 2019

About 6% of Americans 65 and older have never married. If you think you will retire alone and unmarried, you will want to pay special attention to both your financial and social qualities of life.

Tuesday, June 4, 2019

A decision not made may have financial consequences. Sometimes, we fall prey to a kind of money paralysis, in which financial indecision is regarded as a form of “safety.”

Thursday, May 30, 2019

The stock market is always dynamic. Episodes of upward and downward volatility come and go. Expect volatility, but a wise investor....

Tuesday, May 28, 2019

At every company, there are certain people who are essential to day-to-day operations. If they die, the business may face an operational or financial crisis. Is your company without key person insurance?

Thursday, May 23, 2019

Is someone taking advantage of someone you love? Whether elder abuse is intentional or unintentional, the harm done can be shameful. Warning signals are....

Tuesday, May 21, 2019

All too often, family wealth fails to last. Often, families fall prey to serious money blunders. Classic mistakes are....

Wednesday, May 15, 2019

An IRA is a retirement savings account, right? Indeed. IRA stands for Individual Retirement Arrangement. Even with that definition there is no prohibition on using an IRA to save for other purposes, such as funding a college education.

Tuesday, May 14, 2019

Some of us will marry again in retirement. How many of us will thoroughly understand the financial implications that may come with tying the knot later in life?

Thursday, May 9, 2019

If life has not allowed you to build substantial retirement savings, what possible steps could you take in an effort to improve your retirement prospects?

Tuesday, May 7, 2019

Social Security will be a critical component of your financial strategy in retirement, so before you begin taking it, you should consider three important questions.

Wednesday, May 1, 2019

When you are putting together a household, it isn’t unusual to delegate responsibilities. However, delegating some responsibilities to others may lead to problems down the road. Both partners should....

Monday, April 29, 2019

A new term has made its way into today’s financial jargon: de-risking. Anyone with assets in an old-school pension plan should know what it signifies.

Wednesday, April 24, 2019

You learn lessons as you invest in pursuit of long-run goals. Some of these lessons are conveyed and reinforced when you begin saving for retirement, and others, you glean along the way.

Monday, April 22, 2019

An IRA, or Individual Retirement Account, is a tax-advantaged savings account that is subject to special rules regarding contributions and withdrawals. One of the central rules of IRAs is that withdrawals prior to age 59½ are....

Thursday, April 18, 2019

If you ever have the inkling to manage your own investments, that inkling is worth reconsidering. Do-it-yourself investment management is generally a bad idea for the retail investor for many reasons.

Tuesday, April 16, 2019

Will Social Security run out of money in the 2030s? That may be unlikely, but the program does face financial challenges. In the future, Social Security might....

Thursday, April 11, 2019

Who among us wants to pay the Internal Revenue Service more taxes than we have to? Americans regularly overpay because they fail to take tax deductions for which they are eligible. Are you one of them?

Monday, April 8, 2019

If you weren’t around, what would happen to your investments? Many investors have built impressive and varied portfolios, but lack long-term wealth management strategies.

Wednesday, April 3, 2019

Some people retire at the first opportunity, only to wish they had waited longer. Waiting a bit longer to retire might be advantageous to your bottom line.

Sunday, March 31, 2019

Elders are financially defrauded in this country on a daily basis. The Senate Special Committee on Aging says that American elders lose $2.9 billion in fraud per year.

Wednesday, March 27, 2019

If you have a young, growing family, no doubt your to-do list is pretty long on any given day. For some families, saving and investing never quite ranks high enough – and it never becomes the priority it should become.

Sunday, March 24, 2019

Americans do many things with their money and invested assets, most of them on the up and up. However, there are cases which people unintentionally bend or break the law. Here are a few examples....

Wednesday, March 20, 2019

“What is your greatest retirement fear?” “Outliving my money” will likely be one of the top answers. With luck and a favorable investing climate, your retirement savings may last a long time.

Monday, March 18, 2019

When it comes to retirement saving, many women lag behind many men. Historically, that has been the case.

Wednesday, March 13, 2019

Mistakes happen, even for people who have some life experience under their belt. Your retirement strategy is one area of life where you want to avoid having some fundamental misconceptions.

Monday, March 11, 2019

Many Americans have taken steps in recent years to protect their personal information, but savvy cybercrooks have overcome some of those defenses. If you have not taken measures to protect yourself, it may be a good idea to....

Wednesday, March 6, 2019

Remember that good strategies also change over time, and you will probably want some help along the way. These three common assumptions, and how to avoid them, are ...

Friday, March 1, 2019

What raises eyebrows at the Internal Revenue Service?

Wednesday, February 27, 2019

So many people wish they had begun saving for retirement sooner. A Roth IRA might give your child or grandchild a chance at a great financial start.

Monday, February 25, 2019

Do bad money habits constrain your financial progress?

Sunday, February 17, 2019

Social Security has been a pillar of retirement life for several decades, but how much do you really know about it?

Friday, February 15, 2019

Retiring without a financial strategy is an enormous risk. Are you ready?

Tuesday, February 12, 2019

The financial uncertainties we face in retirement may risk reducing our sense of confidence. Today, retirees face two overarching uncertainties....

Tuesday, February 5, 2019

What is a 1099 form?

Monday, February 4, 2019

Whether your 65th birthday is on the horizon or decades away, you should understand the parts of Medicare – what they cover and where they come from.

Friday, February 1, 2019

The changes to the Internal Revenue Code (I.R.C.) for 2019 are certainly less extensive than the ones made for 2018. Some significant alterations and adjustments to the I.R.C. are evident this year.

Thursday, January 31, 2019

Among the big changes in the 2017 Tax Cuts and Jobs Act (TCJA) were new limits on standard and itemized deductions.

Saturday, January 26, 2019

For many people, college sets the stage for life. Making sure your children have options when it comes to choosing a university can help shape their future.

Wednesday, January 23, 2019

An emergency fund may help alleviate the stress associated with a financial crisis. How healthy is your emergency fund? This article may help with your diagnosis.

Monday, January 21, 2019

What options do furloughed workers have? As the gridlock continues, people are showing great patience and resourcefulness.

Wednesday, January 16, 2019

Who Wins: Traditional vs Roth? Perhaps both traditional and Roth IRAs can play a part in your retirement plans.

Saturday, January 12, 2019

The Anatomy of an Index The S&P 500 represents a large portion of the value of the U.S. equity market Provided by Rob Taylor Did you know that nearly $10 trillion in assets are benchmarked to the Standard & Poor’s 500 Composite...

Tuesday, January 8, 2019

Why Do You Need a Will? Creating a will puts power in your hands. A recent study proves more than half of Americans will die without a will. This will leave the decisions about giving their property in the hands of others.

Wednesday, January 2, 2019

What exactly is the “sequence of returns”? What you don't know may hurt you ...

Thursday, December 27, 2018

Being healthy not only makes you feel good, it may also help you financially. If you’re wondering how your health habits might be affecting your bottom line, consider the following ...

Wednesday, December 19, 2018

Very few families start discrete savings accounts or trusts for children with disabilities. ABLE accounts address this under-publicized financial need.

Monday, December 17, 2018

The passing of a loved one irrevocably alters family life. Here, then, is a list of what commonly needs to be looked after.

Wednesday, December 12, 2018

According to a new Elder Needs Survey, almost half of Americans know a victim of financial elder abuse.

Monday, December 10, 2018

Important Market Commentary - Global View Capital December 7, 2018

Monday, December 10, 2018

Here are some noteworthy financial and lifestyle facts about life after 50 that...

Wednesday, December 5, 2018

Your 2019 Financial To-Do List. Poential priorities you may need to address for 2019?

Tuesday, December 4, 2018

Follow the rules, and you might get a big federal tax break. Is your annual IRA withdrawal a bother? A charitable IRA gift could be a highly tax-efficient move!

Thursday, November 29, 2018

How much could a college education cost in the 2030s? You may want to take a deep breath and sit down before reading...

Tuesday, November 27, 2018

Social Security Gets Its Biggest Boost in Years Seniors will see their retirement benefits increase by an average of 2.8% in 2019. Provided by Rob Taylor Social Security will soon give seniors their largest “raise” since...

Tuesday, November 20, 2018

What you should know about some phone scams being perpetrated by criminals claiming to be the I.R.S. (or representatives of investment firms)...

Thursday, November 15, 2018

Will you be the 75-year-old who takes any job no matter how unsatisfying or awkward, who moves in with their children's family out of financial desperation...

Tuesday, November 13, 2018

COBRA Coverage - How much do you know about it? You likely know that if you are laid off from a big company, you will be offered COBRA health insurance benefits after your departure. But do you know about...

Sunday, November 11, 2018

Dear Friends, On November 11, we honor the bravery and sacrifice of those who have served America in the armed forces. It is also a time to appreciate the commitment of our active military personnel and their dedicated families. Let us...

Wednesday, November 7, 2018

What has changed for you in 2018? Even if your 2018 has been relatively uneventful, the end of the year is still a good time to get cracking and see where you can plan to save some taxes and/or build a little more wealth and ...

Monday, November 5, 2018

Plan F is fading away, and Plan G may become the most selected option. Soon, the most popular Medigap policy will no longer be sold. Seniors will lose the chance to buy Plan F in...

Wednesday, October 24, 2018

Remember, you can’t control the market, but you can hire a Tactical Money Manager.

Tuesday, October 23, 2018

Who Is Your Trusted Contact? This vital investment account question should be answered sooner rather than later...

Monday, October 22, 2018

Do you know how much money you have in your checking account? Balancing, reconciling, whatever you want to call it, is a core financial skill...

Tuesday, October 16, 2018

Why Did Treasury Yields Jump? A look at the early October selloff of U.S. government bonds. Investors raised eyebrows in early October as long-dated Treasury yields soared.

Saturday, October 13, 2018

How have things changed regarding charitable donations? Are most miscellaneous itemized deductions are gone? Can you still claim a deduction for continuing education expenses? Is the employee vehicle use deductions gone? Sweeping changes...

Thursday, October 11, 2018

Why You Should Have an Online Social Security Account In monitoring your Social Security profile, you may help to thwart fraud. Provided by Rob Taylor Could your personal information soon be stolen? The possibility cannot be dismissed....

Thursday, October 4, 2018

Before you enroll, take note of what the insurance does not cover and the changes ahead.

Tuesday, October 2, 2018

There's really no reason to wait. The average FAFSA applicant for the 2015-16 school year received roughly $8,500. A FAFSA costs nothing to fill out or send around, and there is absolutely nothing to lose in submitting one.

Friday, September 28, 2018

The last few months of 2018 give you a prime time to examine critical areas of your finances.

Wednesday, September 26, 2018

After reading all this, you may feel like you need to be a millionaire to raise a child. Whether you're wealthy or not, you'll want to consider these financial and insurance essentials when you bring your newborn home.

Tuesday, September 25, 2018

When a unexpected money comes your way, what do you do with a big windfall!

Tuesday, September 18, 2018

What can you do to lessen the costly impact of probate for your heirs?

Wednesday, September 12, 2018

Usually, anyone who takes money out of an IRA or a retirement plan prior to age 59½ faces a 10% early withdrawal penalty. That isn’t always the case, however. You may be able to avoid the penalty ....

Monday, August 27, 2018

The Turkish Currency Crisis A look at why it matters so much to the world, and the risk of a domino effect. Provided by Rob Taylor The collapse of the Turkish lira has become a major financial story. You may wonder why the financial...

Wednesday, August 22, 2018

Now is a good time to think about a few financial matters: Making changes earlier rather than later. Do you now need to pay estimated income tax? Has your household size changed? Think about how your FSA dollars.

Friday, June 22, 2018

How Much Do You Really Know About Long-Term Care? Separating some eldercare facts from some eldercare myths. Provided by Rob Taylor How much does eldercare cost, and how do you arrange it when it is needed? The average person might...

Tuesday, June 19, 2018

Do You Know Who Your Beneficiaries Are? Why you should periodically review beneficiary designations. Provided by Rob Taylor Your beneficiary choices may need to change with the times. When did you open your first IRA? When did you buy...

Monday, June 18, 2018

College Funding Options You can plan to meet the costs through a variety of methods. Provided by Rob Taylor How can you cover your child’s future college costs? Saving early (and often) may be the key for most families. Here are...

Friday, June 15, 2018

What Women Shouldn’t Retire Without A practical financial checklist for the future. Provided by Rob Taylor When our parents retired, living to 75 amounted to a nice long life, and Social Security was often supplemented by a...

Wednesday, June 13, 2018

Will Teachers Get the Retirement That They Deserve? Classroom educators are coping with hybrid plans and pension fund shortfalls. Provided by Rob Taylor Arizona. Kentucky. Massachusetts. Michigan. Pennsylvania. Rhode Island. Tennessee....

Monday, June 11, 2018

Retirement Planning Weak Spots They are all too common. Provided by Rob Taylor Many households think they are planning carefully for retirement. In many cases, they are not. Weak spots in their retirement planning and saving may go...

Friday, June 8, 2018

Managing Money Well as a Couple What are the keys in planning to grow wealthy together? Provided by Rob Taylor When you marry or simply share a household with someone, your financial life changes – and your approach to managing...

Wednesday, June 6, 2018

The Backdoor Roth IRA A move that high earners can make in pursuit of tax-free retirement income. Provided by Rob Taylor Does your high income stop you from contributing to a Roth IRA? It does not necessarily prohibit you from having...

Monday, June 4, 2018

The Saver’s Credit A special tax break for part-time, low-income, and moderate-income workers. Provided by Rob Taylor Do you work part-time, or earn less than $65,000 a year? If so, you might be eligible to fully or partly claim...

Friday, June 1, 2018

Set Goals as You Save & Invest Turn your intent into a commitment. Provided by Rob Taylor Goals give you focus. To find and establish your investing and saving goals, first ask yourself what you want to accomplish. Do you want to build...

Thursday, May 31, 2018

The Different Types of IRAs This popular retirement savings vehicle comes in several varieties. Provided by Rob Taylor What don’t you know? Many Americans know about Roth and traditional IRAs, but there are other types of...

Tuesday, May 29, 2018

New Medicare Cards Are on the Way In the coming months, they will reach retiree mailboxes. Provided by Rob Taylor New Medicare cards will be mailed out between now and next April. They have an 11-digit I.D. number instead of your SSN,...

Saturday, May 26, 2018

The Risks of Putting Too Much Money Into an Annuity These private income contracts do have potential flaws. Provided by Rob Taylor It may not be good to have all your eggs in an annuity basket. Or even a majority of your eggs,...

Friday, April 20, 2018

The Major 2018 Federal Tax Changes Comparing the old rules with the new. Provided by Rob Taylor The Tax Cuts and Jobs Act made dramatic changes to federal tax law. It is worth reviewing some of these changes as 2019 approaches and...

Tuesday, April 17, 2018

A Setback for the Fiduciary Rule A Court of Appeals ruling could set the stage for a Supreme Court opinion. Provided by Rob Taylor The fiduciary rule is now a retirement planning standard – at least in 47 states. A recent appeals...

Friday, April 13, 2018

Could a Trade War Soon Start? The U.S. might soon impose tariffs on certain imports. Provided by Rob Taylor What if America taxes imported aluminum and steel? If it does, will other countries impose taxes in response, and what might...

Tuesday, April 10, 2018

What Should You Keep? Even with less itemizing, there are still tax documents you want to retain for years to come. Provided by Rob Taylor Fewer taxpayers are itemizing in the wake of federal tax reforms. You may be one of them, and...

Friday, April 6, 2018

A Retirement Gender Gap Why a middle-class woman may end up less ready to retire than a middle-class man. Provided by Rob Taylor What is the retirement outlook for the average fifty-something working woman? As a generalization, less...

Wednesday, April 4, 2018

Why Life Insurance Matters for New Homeowners It addresses a significant financial risk. Provided by Rob Taylor If you buy a home and you have no life insurance, there is a financial risk. It may not be immediately evident, but it must...

Friday, March 30, 2018

The Medical Expense Deduction in 2018 Tax reform has lowered the threshold. Provided by Rob Taylor If you itemize, you should note the reduced medical deduction threshold for 2018. This year, you can deduct qualified medical expenses...

Tuesday, March 27, 2018

Annuities for Retirement Income Why seniors choose them, and what prospective annuity holders should consider. Provided by Rob Taylor Imagine an income stream you cannot outlive. That sums up the appeal of an annuity. If you are...

Friday, March 23, 2018

Are There Really Tax-Free Retirement Plan Distributions? A look at some popular & obscure options for receiving money with little or no tax. Provided by Rob Taylor Will you receive tax-free money in retirement? Some retirees do. You...

Tuesday, March 20, 2018

Are Gen Xers Planning for Retirement the Right Way? Some are planning wisely, but others are beset by mistakes. Provided by Rob Taylor Generation X has become the new “sandwich” generation. Many Americans born during the...

Friday, March 16, 2018

Millennials, Do Not Imitate Your Parents They invested heavily in what was “hot” and got burned. Provided by Rob Taylor A new generation of investors is coming to the forefront: your generation. Millennials have witnessed a...

Tuesday, March 13, 2018

Investing in Your Beliefs Is your investment strategy as socially and environmentally conscious as you are? Provided by Rob Taylor It’s not uncommon – Many a well-educated, socially conscious, environmentally friendly...

Friday, March 9, 2018

Why You Want a Retirement Plan in Writing Setting a strategy down may help you define just what you need to do. Provided by Rob Taylor Many people save and invest vaguely for the future. They know they need to accumulate money for...

Tuesday, March 6, 2018

Wise Money Moves Young Women Can Make Want a better financial future for yourself? Act now. Provided by Rob Taylor As a young woman, you have an opportunity to make some major financial strides. You truly have time on your side when it...

Friday, March 2, 2018

Keeping This Correction in Perspective After 20 months of relative calm, this volatility needs to be taken in stride. Provided by Rob Taylor Are you upset by what is happening on Wall Street? It may help to see this pullback within a...

Tuesday, February 27, 2018

Why You Should Have an Online Social Security Account In monitoring your Social Security profile, you may help to thwart fraud. Provided by Rob Taylor Could your personal information soon be stolen? The possibility cannot be dismissed....

Friday, February 23, 2018

Actively Managed 401(k)s An option that may help your retirement efforts. Provided by Rob Taylor How should your 401(k) be invested? While some investors manage their 401(k)s themselves, others may seek a different kind of...

Tuesday, February 20, 2018

Bad Money Habits to Break In 2018 Behaviors worth changing for the New Year. Provided by Rob Taylor Do bad money habits constrain your financial progress? Many people fall into the same financial behavior patterns year after year. If...

Friday, February 16, 2018

Why Having a Financial Professional Matters A good professional provides important guidance and insight through the years. Provided by Rob Taylor What kind of role can a financial professional play for an investor? The answer: a very...

Tuesday, February 13, 2018

Cybercurrencies: A Risky Choice in 2018 This year, we have seen the downside of bitcoin & other altcoins. Provided by Rob Taylor Bitcoin. Ethereum. Litecoin. Ripple. Ether. As 2017 ended, the prices of these cybercurrencies were...

Friday, February 9, 2018

A New Day for 529 Plans Federal tax reforms lead to new possibilities for these education savings accounts. Provided by Rob Taylor Do you have a 529 college savings plan? Have you thought about opening a 529 plan account? If the answer...

Tuesday, February 6, 2018

What Do You Have in Reserve for 2018? Build your emergency fund this year. Provided by Rob Taylor How much does the average American household have in the bank? Estimates vary, but the short answer to this question is “not enough...

Friday, February 2, 2018

The Major Retirement Planning Mistakes Why are they made again and again? Provided by Rob Taylor Much has been written about the classic financial mistakes that plague start-ups, family businesses, corporations, and charities. Aside...

Tuesday, January 30, 2018

Tax Deductions Gone in 2018 What standbys did tax reforms eliminate? Provided by Rob Taylor Are the days of itemizing over? Not quite, but now that H.R. 1 (popularly called the Tax Cuts & Jobs Act) is the law, all kinds of itemized...

Friday, January 26, 2018

Yearly Economic Update: 2017 - The Year in Review A quick summary of economies & markets for you. Provided by Rob Taylor History will remember 2017 as a terrific year for equities. The Dow Jones Industrial Average advanced 25.08%,...

Tuesday, January 23, 2018

Crowdfunding & Taxes Information for those giving, receiving, and organizing. Provided by Rob Taylor Have you donated money to a crowdfunding campaign this year? You probably have. You may be wondering how the Internal Revenue Service...

Friday, January 19, 2018

What Are Your Odds of Being Audited? They are low, unless you show the I.R.S. some conspicuous “red flags” on your return. Provided by Rob Taylor Fewer than 1% of Americans have their federal taxes audited. The percentage...

Wednesday, January 17, 2018

When Is Social Security Income Taxable? The answer depends on your income. Provided by Rob Taylor Your Social Security income could be taxed. That may seem unfair, or unfathomable. Regardless of how you feel about it, it is a...

Friday, January 12, 2018

Things to Consider if You Plan to Retire Before 60 Financially speaking, what moves might you want to make? Provided by Rob Taylor By choice or by chance, some people wrap up their careers before turning 60. If you sense this will...

Tuesday, January 9, 2018

The Risk of Being a Suddenly Single Woman Contending with the possibility of widowhood. Provided by Rob Taylor On average, women outlive their husbands. According to the Social Security Administration’s estimate, the average...

Friday, January 5, 2018

How the Tax Reforms Will Take Effect Some of the impact of the Tax Cuts & Jobs Act will be felt later than January 1. Provided by Rob Taylor President Donald Trump signed the Tax Cuts & Jobs Act into law on December 22, and on January...

Wednesday, January 3, 2018

Everyone Is Talking About Bitcoin But when will the cryptocurrency bubble burst? Provided by Rob Taylor Investors are excited about bitcoin – perhaps too excited. Their fervor is easy to understand. On December 18, bitcoin closed...

Friday, December 29, 2017

Avoiding the Money Pitfalls of Past Generations Take these financial lessons to heart. Provided by Rob Taylor You have a chance to manage your money better than previous generations have. Some crucial financial steps may help you do...

Wednesday, December 27, 2017

Now 64? Prepare to Sign Up for Medicare This is the time to arrange lifelong health coverage. Provided by Rob Taylor Age 64 is the age when you are reminded that you are a baby boomer growing older. Regardless of how young or old you...

Friday, December 22, 2017

A Look at Target-Date Funds Are these low-maintenance investments vital to retirement planning, or overrated? Provided by Rob Taylor Do target-date funds represent smart choices, or just convenient ones? These funds have become...

Tuesday, December 19, 2017

Comprehensive Financial Planning: What It Is, Why It Matters Your approach to building wealth should be built around your goals & values. Provided by Rob Taylor Just what is comprehensive financial planning? As you invest and save for...

Friday, December 15, 2017

When Will the Business Cycle Peak? As the recovery lengthens further, this is a natural question to ask. Provided by Rob Taylor This decade has brought a long economic rebound to many parts of America. As 2017 ebbs into 2018, some of...

Tuesday, December 12, 2017

Talking to Your Heirs About Your Estate Plan They should not be left ill-informed or unaware. Provided by Rob Taylor Talking about “the end” is not the easiest thing to do, and this is one reason why some people never...

Friday, December 8, 2017

Are Millennial Women Saving Enough for Retirement? The available data is more encouraging than discouraging. Provided by Rob Taylor Women 35 and younger are often hard-pressed to save money. Student loans may be outstanding; young...

Tuesday, December 5, 2017

Air Travel & the Real ID Act Provided by Rob Taylor Did you know that depending on where you live, you may need a passport to board a domestic flight in 2018? The Real ID Act is being fully implemented on January 22. At that moment,...

Friday, December 1, 2017

Combining Your Finances When You Marry How separate (or intertwined) should your financial lives be? Provided by Rob Taylor Some spouses share everything with each other – including the smallest details of their personal finances...

Wednesday, November 29, 2017

Could You Improve Your Personal Finances Today? Simple decisions & new habits might lead you toward a better financial future. Provided by Rob Taylor In life, there are times when simple decisions can have a profound impact. The same...

Friday, November 24, 2017

Big Spenders vs. Big Savers Who would you rather emulate? Presented by Rob Taylor You stand at your window and look across the street. Nice house, you think. Nice landscaping. Nice sports car. Nice driveway. New bikes for the kids. Wow...

Tuesday, November 21, 2017

Advancing Toward Your Career Goals Should you change jobs in pursuit of them? Or position yourself in a new way at work? Provided by Rob Taylor Is your career unfolding as it should? If not, maybe it is time for a change; either a...

Friday, November 17, 2017

The Republican Tax Reform Plan What is in it? What could its changes mean for you, if they become law? Provided by Rob Taylor Major changes may be ahead for federal tax law. At the start of November, House Republicans rolled out their...

Tuesday, November 14, 2017

Refrain from Tapping Your Retirement Funds Resist the temptation. Your future self will thank you. Provided by Rob Taylor Retirement accounts are not bank accounts. Nor should they be treated as such. When retirement funds are drawn...

Friday, November 10, 2017

Retirement Plan Contribution Limits Rise for 2018 Slight increases have been made due to mild inflation. Provided by Rob Taylor You will able to put a little more into your workplace retirement account in 2018. The federal government...

Tuesday, November 7, 2017

The Importance of a Life Insurance Audit Is it time to review your policy? Provided by Rob Taylor Life insurance is hard. It’s hard to know if you have the right kind. It’s hard to know if you have enough. And it’s...

Friday, November 3, 2017

Enjoy the Rally, But Prepare for the Retreat Investors may be lulled into a false sense of security by this market. Provided by Rob Taylor Will the current bull market run for another year? How about another two or three years? Some...

Tuesday, October 31, 2017

ACA Open Enrollment Season Is Here After a November 1 start, the window closes December 15. Provided by Rob Taylor This fall, the annual enrollment period to sign up for health insurance is shorter. In many states, it lasts only six...

Friday, October 27, 2017

Retirement Plan Trusts These tools can shield inherited IRA assets from lawyers and creditors. Provided by Rob Taylor Inherited IRA assets are vulnerable in bankruptcy proceedings. Many older IRA owners and their beneficiaries do not...

Tuesday, October 24, 2017

Are There Blind Spots in Your Insurance Plan? Deficient coverage may cost you someday. Provided by Rob Taylor Many households and businesses are insufficiently insured. The problem is not necessarily the quality of coverage, but the...

Friday, October 20, 2017

The Top 12 Tax Frauds A look at the IRS “dirty dozen” list. Provided by Rob Taylor Have you heard of the “dirty dozen?” Each year, the IRS lists the top 12 recurring federal tax offenses – frauds, cheats,...

Tuesday, October 17, 2017

The Pros & Cons of Roth IRA Conversions What are the potential benefits? What are the drawbacks? Provided by Rob Taylor If you own a traditional IRA, perhaps you have thought about converting it to a Roth IRA. Going Roth makes sense...

Friday, October 13, 2017

Why You Should Look for a Registered Investment Advisor Standards matter, especially in wealth management. Provided by Rob Taylor Who should manage significant wealth? In recent years, more and more high net worth households have found...

Tuesday, October 10, 2017

How Much Should You Save By Age 30, 40, 50, or 60? What number should you strive to reach? Provided by Rob Taylor It is agreed that the earlier you start saving for retirement, the better. The big question on the minds of many savers,...

Friday, October 6, 2017

Volatility Is Not Risk The two should not be confused. Provided by Rob Taylor What is risk? To the conservative investor, risk is a negative. To the opportunistic investor, risk is a factor to tolerate and accept. Whatever the...

Tuesday, October 3, 2017

Tell Your Beneficiaries About Your Accounts and Policies Let them know how they will receive retirement assets and insurance benefits. Provided by Rob Taylor Will your heirs receive a fair share of your wealth? Will your invested...

Friday, September 29, 2017

Questions After the Equifax Data Breach Consumers may be at risk for many years. Provided by Rob Taylor How long should you worry about identity theft in the wake of the Equifax hack? The correct answer might turn out to be “as...

Tuesday, September 26, 2017

Good Financial Steps to Take When You Get Married If you’re going to say “I do,” here are some things you might want to do. Provided by Rob Taylor Are you marrying soon? Have you recently married? As you begin your...

Friday, September 22, 2017

Is a Home an Investment? From one perspective, the answer is yes; from another, no. Provided by Rob Taylor When you buy a home, are you investing? If you buy it to flip it or buy it as a rental property, the answer is yes. If you buy a...

Tuesday, September 19, 2017

The Financial Toll of Addiction Opioid abuse threatens to wreak havoc on family finances and retirement plans. Provided by Rob Taylor Imagine your retirement dreams put on hold or compromised, your savings and investment accounts...

Friday, September 15, 2017

The Power of Consistent Savings By Rob Taylor Everyone is told to save for retirement early. Everyone is told to save consistently. You may wonder: just what kind of difference might an early start and ongoing account contributions...

Thursday, September 14, 2017

The Equifax Data Breach Have you been affected? If so, how can you try to protect yourself? Provided by Rob Taylor On September 7, credit reporting agency Equifax dropped a consumer bombshell. It revealed that cybercriminals had gained...

Tuesday, September 12, 2017

Donating Highly Appreciated Stock It can give you a tax break. It can give a charity a tax break in the future. Provided by Rob Taylor Why sell shares when you can gift them? If you have appreciated stocks in your portfolio (and you...

Friday, September 8, 2017

A Look at Self-Directed Brokerage Accounts Some retirement savers choose this option in their 401(k) plan. Provided by Rob Taylor Ever hear of an SDBA? That acronym stands for self-directed brokerage account. If you are enrolled in a...

Tuesday, September 5, 2017

Life Insurance Products with Long Term Care Riders Are they worthwhile alternatives to traditional LTC policies? Provided by Rob Taylor The price of long-term care insurance has really gone up. If you are a baby boomer and you have...

Friday, August 25, 2017

Has Your Identity Been Stolen? Keep an eye out for these signs. Provided by Rob Taylor As NBC News notes, identity theft hit 15.4 million Americans last year. Perhaps it hit you. You know you have been victimized when you get that...

Tuesday, August 22, 2017

How Millennials Can Get a Good Start on Retirement Planning Some simple steps may make a major financial difference over time. Provided by Rob Taylor If you are younger than 35, saving for retirement may not feel like a priority. After...

Friday, August 18, 2017

The A, B, C, & D of Medicare Breaking down the basics & what each part covers. Provided by Rob Taylor Whether your 65th birthday is on the horizon or decades away, you should understand the parts of Medicare – what they cover,...

Tuesday, August 15, 2017

The Current CD Quandary Economists thought inflation would pick up. Guess again. Provided by Rob Taylor The Consumer Price Index has advanced less than 2% in a year. Mortgage rates are still not far from historic lows. Low inflation is...

Friday, August 11, 2017

Do You Have a Financial Wellness Program? Companies are luring & retaining employees with this key perk Provided by Rob Taylor What do your retirement plan participants wish you would offer? Besides the chance to save and invest part...

Tuesday, August 8, 2017

Medicare Enrollment Options for 2017-18 A summary of what you need to know Provided by Rob Taylor Key Medicare enrollment periods are approaching. This fall and winter, there are three periods in which Medicare beneficiaries can either...

Wednesday, August 2, 2017

Investors attracted by bitcoin & other altcoins should recognize their downsides. Provided by Rob Taylor Bitcoin. Ethereum. Litecoin. Ripple. These are just four of the cybercurrencies attracting opportunistic investors today. Are they...

Tuesday, August 1, 2017

A few things you may want to think about before filing for benefits. Whether you want to leave work at 62, 67, or 70, claiming the retirement benefits you are entitled to by federal law is no casual decision. You will want to consider...

Tuesday, July 18, 2017

Sometimes The Pundits Get It Wrong In fact, many predictions about Wall Street have misread the markets direction. Provided by Rob Taylor Trying to determine how Wall Street will behave next week, next month, or next year is difficult....

Thursday, March 10, 2016

Retirement Now vs. Retirement Then Today’s retirees must be more self-reliant than their predecessors. Provided by Rob Taylor Decades ago, retirement was fairly predictable: Social Security and a pension provided much of your...

Friday, March 4, 2016

Dollar Cost Averaging in a Down Market This investment technique may help you take advantage of the downturn. Provided by Rob Taylor Buying low and selling high is the oldest stock market adage. How does one put it into practice?...

Friday, March 4, 2016

Building a College Fund Do it smartly, without the all-too-common missteps. Provided by Rob Taylor According to Sallie Mae, U.S. families with one or more college students spent an average of $24,164 on tuition, housing, and linked...

Monday, February 29, 2016

The IRS Changes to 529 Plans Learn about the two new tax perks for these college savings vehicles. Provided by Rob Taylor Do you have a 529 plan account? Then you will want to know about a pair of federal tax law changes which may...

Monday, February 29, 2016

College Funding Options You can plan to meet the costs through a variety of methods. Provided by Rob Taylor How can you cover your child’s future college costs? Saving early (and often) may be the key for most families. Here are...

Monday, February 29, 2016

In-Kind Distributions from IRAs Yes, you can take an IRA distribution in the form of an investment. Provided by Rob Taylor This may surprise you: you can take an IRA distribution in a form other than cash. This may seem unorthodox,...

Monday, February 29, 2016

Holding Real Estate in an IRA Is this unorthodox investment idea underappreciated? Provided by Rob Taylor You can invest your IRA assets in different ways. Should you invest a portion of those assets in real estate? At first thought,...

Monday, February 29, 2016

The Chapters of Retirement The five phases of life after 50 & the considerations that accompany them. Provided by Rob Taylor The journey to and through retirement occurs gradually, like successive chapters in a book. Each chapter has...

Monday, February 29, 2016

When Will Stocks Stabilize? How deep will this correction ultimately be? Provided by Rob Taylor January may prove to be the worst month for stocks in eight years. The S&P 500 just corrected for the second time in five months, and some...

Monday, February 29, 2016

Should You File Jointly, Or Not? For many married couples, filing jointly is a good idea, but there are exceptions. Provided by Rob Taylor Ninety-five percent of married couples file joint federal tax returns. Filing jointly can be...

Thursday, February 4, 2016

The Lottery Is No Retirement Plan Pay yourself first instead, with your future in mind. Provided by Rob Taylor Powerball fever swept across America last week, with a record jackpot of $1.5 billion eventually being split by three...

Monday, February 1, 2016

Making and Keeping Financial Resolutions What you might do (or do differently) in the months ahead? Provided by Rob Taylor How will your money habits change in 2016? What decisions or behaviors might help your personal finances, your...

Monday, January 18, 2016

Ways to Repair Your Credit Score Steps to get your credit rating back toward 720. Provided by Rob Taylor We all know the value of a good credit score. We all try to maintain one. Sometimes, though, life throws us a financial curve and...

Thursday, January 14, 2016

Are Gen Xers Planning for Retirement the Right Way? Some are planning wisely, but others are beset by mistakes. Provided by Rob Taylor Generation X has become the new “sandwich” generation. Many Americans born during the years 1965-80...

Monday, January 11, 2016

How Could a Fed Rate Hike Affect Retirees? As the central bank starts tightening, some positives & negatives may emerge. Provided by Rob Taylor Economists widely expect the Federal Reserve to raise interest rates this month....

Monday, January 4, 2016

Smart Financial Moves in Your 20s, 30s, 40s & 50s What might you think of doing when? Provided by Rob Taylor If you had a timeline of the financial steps you should probably take in life, what would it look like? Answers to that...