Don’t Make Assumptions !
Given that 2016 has begun with a steep decline in stock markets and a sharp rise in investor concern, we decided to devote this blog to discussing the current environment and what you [...]
Jan
25, 2016
Jan
7, 2016
Age 70 1/2? Consider making charitable contributions from your IRA!
It's permanent at last! The PATH Act of 2015 permanently extends the IRS provision that allows individuals who are at least 70 1/2 to make tax-free distributions to qualified charities from their IRA. [...]
Nov
6, 2015
The interesting history of the US charitable contribution deduction.
The Internal Revenue Service Code allows U.S. taxpayers to deduct charitable contributions of money or property made to qualified organizations as long as they file an itemized tax return. The general rule is [...]
Sep
30, 2015
Will the QCD be available in 2015? Those persons at least 70 1/2 in 2015 want to know!
If you're age 70½ or over and have a Traditional, Rollover, SEP, or SIMPLE IRA, you're required by law to take Required Minimum Distributions (RMDs) annually. For the past seven years, up to [...]
Sep
15, 2015
Wealth Planning & Life Insurance – Should you finance your premiums?
There are certain advantages to financing life insurance premiums for new or existing policies. Here are 5 points to consider. Premium financing allows you to: -> Acquire new life insurance coverage or fund [...]
Aug
31, 2015
Want to increase your tweenager’s financial literacy?
Try one of these 5 suggestions to increase your tweenager's financial literacy. 1. When your tween receives a monetary gift, discuss spending versus saving then open a bank account. Whether your child is [...]
Aug
27, 2015
What’s Up (or Down) with the Stock Market?
What caused the substantial increase in market volatility over the past week? It appears that investors were spooked by the economic slowdown in China, but regardless of the cause, the effect caused a [...]
Jan
22, 2015
Tax Mitigation: An Often Overlooked Strategy
Which is more effective for increasing your family’s overall wealth: A. An increase in your investment portfolio or B. A reduction in your taxes? The answer is often B: a reduction in taxes! [...]
Jan
20, 2015
$$$ – 5 Activities for Teaching Financial Concepts to Young Children
Have fun teaching financial concepts to your children. Try one of these 5 activities. 1. Discuss the simple concepts of how money is earned (Mommy and Daddy go to work each day) and [...]