The Six Most Overlooked Tax Deductions
Who among us wants to pay the IRS more taxes than we have to? While few may raise their hands, Americans regularly overpay because they fail to take tax deductions for which they are eligible. Let’s take a quick look at the six most overlooked opportunities to manage your tax bill.
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What to do with your 401k from a Former Employer?
One of the common threads of a mobile workforce is that many individuals who leave their job are faced with a decision about what to do with their 401(k) account. So essentially individuals have three basic options with the 401(k) account they accrued at a previous employer.
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Understanding Long-Term Care
Addressing the potential threat of long-term care expenses may be one of the biggest financial challenges for individuals who are developing a retirement strategy. The U.S. Department of Health and Human Services estimates that 70% of people over age 65 can expect to need long-term care services at some point in their lives. So understanding the various types of long-term care services—and what those services may cost—is critical as you consider your retirement approach.
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The Pre-Retirement Checklist
Getting ready for retirement? Before you can cross that bridge, you’ll need to cross some important items off your to-do list. But thanks to our work together, you might be more prepared than you think! This handy checklist of ten crucial steps can help you visualize how far you’ve come.
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A Penny Saved is Two Pennies Earned
From cutting extra costs from your vehicle, to an energy audit. Here are some do-it-yourself ideas to save money. Because you know the saying, a Penny saved is two Pennies earned!
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9 Facts About Social Security
Social Security has been a part of retirement ever since it was established back in 1935. Most people try to understand how Social Security works, but do you? In order to help, we've published 9 facts about Social Security that may really surprise you!
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Does Your Child Need to File an Income Tax Return?
As parents, we encourage our children to work so they can learn important values about work and independence. At what point, if at all, do children need to file an income tax return for the money they earn?
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The Five Basics of Financial Literacy
Understanding the ways credit and debt work for and against you are some of the first steps toward understanding personal finance. While it’s not useful to be scared of credit and debt and avoid it entirely, there are some things to look out for.
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A Decision Not Made is Still a Decision
Investment inaction is played out in many ways, often silently, invisibly and with potential consequence to an individual’s future financial security.
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Emergency Funds: How Much is Enough?
If saving several months of income seems an unreasonable goal, don’t despair. Start with a more modest target, such as saving $1,000. Build your savings at regular intervals, a bit at a time. It may help to treat the transaction like a bill you pay each month.
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