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Wednesday, October 31, 2018

You're shopping for your first car and looking for deals. Unfortunately, there's one thing you probably won't be able to get a deal on--your auto insurance. That's because single drivers under age 25 are in the highest risk category...

 

Wednesday, October 31, 2018

If you care about what happens to your money, home, and other property after you die, you need to do some estate planning. There are many tools you can use to achieve your estate planning goals, but a will is probably the most vital....

 

Wednesday, October 31, 2018

The usual method for estimating spending needs in retirement is to take your post-retirement household budget and tack on an inflation rate, such as 3%. Not so for health expenses. Some expenses increase at a faster rate than the...

 

Monday, October 22, 2018

When you die, you leave behind your estate. Your estate consists of your assets — all of your money, real estate, and worldly belongings. Your estate also includes your debts, expenses, and unpaid taxes. After you die, somebody...

 

Thursday, October 18, 2018

You're beginning to accumulate substantial wealth, but you worry about protecting it from future potential creditors. Whether your concern is for your personal assets or your business, various tools exist to keep your property safe...

 

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Thursday, October 18, 2018

Continued earnings could increase your Social Security benefit depending on your situation. One thing is for sure: working part-time at reduced pay will never cause your benefit to go down. A common question among people in their 60s...

 

Thursday, October 18, 2018

One of the biggest drains on your account may not be the market but rather family requests for money that may never be repaid. Preserve assets—and emotional health—by setting up a "family bank" where loan requests are...

 

Wednesday, October 17, 2018

Repayment Options for Student Loans What is it? When you begin repaying your federal student loans, you will need to select a repayment option. In the past, the federal government offered only one option: a standard repayment plan...

 

Wednesday, October 17, 2018

Studies show caregiving duties begin to take up more and more time as caregivers age. Fortunately, resources are available to help caregivers and their loved ones manage housing, budgeting, driving, and more. Although many people take...

 

Friday, October 12, 2018

Considering a New Employment Opportunity What is it? In the past, workers stayed with the same company for years and years, working their way up in the company. However, times have changed. Businesses facing hard economic times...

 

Thursday, October 11, 2018

Parents may assume they earn too much to qualify for financial aid. However, there are a number of strategies that even wealthy families can employ to cut expenses. Here are seven steps for estimating costs and maximizing financial...

 

Tuesday, October 9, 2018

You are not the only one who needs to be on guard about their personal data safety. Minor children are 35 times more likely thanadults to suffer ID theft. Here’s what parents need to know. The latest target of identity thieves is...

 

Tuesday, May 15, 2018

Life insurance is an agreement between you (the policy owner) and an insurer. Under the terms of a life insurance policy, the insurer promises to pay a certain sum to a person you choose (your beneficiary) upon your death, in exchange...

 

Tuesday, May 15, 2018

What can be worse than losing a spouse—especially when there are still young children to raise? How about being forced to go through probate and losing needed assets to ex-spouses and estranged family members? If only there had...

 

Monday, May 14, 2018

The decision on whether to sell or rent your home is trickier than other financial decisions because of the emotional ties you have to your home. To make the best decision possible, evaluate the income, growth, and tax advantages of...

 

Monday, May 14, 2018

Some of our best investors rose from the ashes of devastating events. As you tackle the challenges of the current market environment, take inspiration from investors who persevered, survived, and prospered. “Regardless of who you...

 

Monday, May 14, 2018

Maybe. It depends on how old your children are, and how long you've worked in a job where you've paid Social Security taxes. To be eligible for Social Security benefits when you die, your children must be age 18 or under (19 if still...

 

Monday, May 14, 2018

Knowing how much retirement income you might receive from Social Security may help you decide when to begin claiming benefits, and how Social Security might fit into your overall retirement income plan. One way to get an estimate of...

 

Monday, May 14, 2018

If you've finished college within the last few years, chances are you're paying off your student loans. What happens with your student loans now that they've entered repayment status will have a significant impact —positive or...

 

Monday, May 14, 2018

In times of crisis, you don't want to be shaking pennies out of a piggy bank. Having a financial safety net in place can ensure that you're protected when a financial emergency arises. One way to accomplish this is by setting up a...

 

Monday, May 14, 2018

It’s no secret that many potential and existing clients can be heavy social media users, and one of their top social networks is LinkedIn. Build a system that will lead to quality connections. Most CPAs are on LinkedIn—but...

 

Friday, December 8, 2017

There are eight common money behavior patterns or ‘archetypes’ battling it out in every investor. Being aware of your unconscious attitudes and behaviors toward money can give you an edge in managing your finances. Have you...

 

Friday, December 8, 2017

It’s a touchy subject, but a life expectancy analysis is the best way to ensure you will have enough money to live your later years in comfort and ease. What do people fear the most in retirement? Outliving their income. And what...

 

Friday, December 8, 2017

With data breaches occurring more and more, it is important to protect personal information stored in online accounts with secure passwords. The majority of passwords do not pass the test. Learn how to create a password that will help...

 

Friday, December 8, 2017

The most accurate and reliable way to determine your spending needs in retirement is to sit down and make up a budget projecting costs in the areas of housing, utilties, food, transportation, leisure activities and so on. Depending on...

 

Friday, December 8, 2017

Whether you are managing debt, investing assets, or developing an estate plan, changes in interest rates represent an excellent opportunity to review your financial plan and consider new strategies designed to capitalize on changing...

 

Friday, December 8, 2017

FINANCIAL PLANNING 1. Cares more about you and your money than anyone who doesn’t share your last name. 2. Guides you to think about areas of your financial life you may not have considered. 3. Formalizes your goals and puts them...

 

Friday, December 8, 2017

Medicare and health insurance open enrollment starts on October 15th. To help you find the best coverage for your money, here’s a step-by-step checklist of health care items to review annually. Each fall, it’s important to...

 

Friday, December 8, 2017

Here’s how to get a jump-start on creating a system to organize your bills, statements, policies, and other financial paperwork. Financial organization is a cornerstone of a healthy financial life. At the most basic level,...

 

Friday, December 8, 2017

FINANCIAL PLANNING 1. Cares more about you and your money than anyone who doesn’t share your last name. 2. Guides you to think about areas of your financial life you may not have considered. 3. Formalizes your goals and puts them...

 

Friday, December 8, 2017

It’s not easy to contemplate your own mortality, but a good estate plan can provide for your heirs, protect your assets, and promote family harmony once you’re gone. Estate planning is complex and because it involves facing...

 

Friday, December 8, 2017

The American Revolution was a gambit underpinned by iconoclastic ideas, unwavering principles, and tenacious effort. This July Fourth, let the example of the founding patriots inspire you to your own success. “Nothing important...

 

Friday, December 8, 2017

Social Security is more complicated than most people think. Here are six of the most common questions that come up on Social Security. With the baby boom generation entering retirement, there’s alot of demand for good Social...

 

Friday, December 8, 2017

A week hardly passes without news of credit card and identity theft. Here are some security measures you can take, including some you’ve not likely heard of before now. About a year ago, I was sitting down to dinner with my...

 

Friday, December 8, 2017

IRA or 401(k)? Know the key differences between these two popular retirement plans to ensure you are saving in the right account. Indvidual retirement accounts (IRAs) and 401(k)s share a lot of similarities. They are both retirement...

 

Thursday, November 16, 2017

There's no doubt about it — going through a divorce can be an emotionally trying time. Ironing out a divorce settlement, attending various court hearings, and dealing with competing attorneys can all weigh heavily on the parties...

 

Thursday, November 16, 2017

Parenthood can be both wonderfully rewarding and frighteningly challenging. Children give gifts only a parent can understand--from sticky-finger hugs to heartfelt pleas to tag along on Saturday morning errands. You raise them with a...

 

Thursday, November 16, 2017

Planning for marriage should involve more than just picking out invitations and deciding whether you should serve chicken or fish at the reception. More importantly, you'll want to take a look at how marriage will impact your financial...

 

Thursday, November 16, 2017

When investing for retirement, you're likely to hear a lot of well-meaning guidance from family, friends, and others offering advice--even the media. As you weigh the potential benefits of any commonly cited investment rules, consider...

 

Thursday, November 16, 2017

How much life insurance do you need? Your life insurance needs will depend on a number of factors, including the size of your family, the nature of your financial obligations, your career stage, and your goals. For example, when you're...

 

Thursday, November 16, 2017

You've worked hard over the years to accumulate wealth, and you probably find it comforting to know that after your death the assets you leave behind will continue to be a source of support for your family, friends, and the causes that...

 

Tuesday, August 29, 2017

Retirement Plan Considerations at Different Stages of LifeThroughout your career, retirement planning will likely be one of the most important components of your overall financial plan. Whether you have just graduated and taken your...

 

Tuesday, August 29, 2017

Key Estate Planning Documents You NeedThere are five estate planning documents you may need, regardless of your age, health, or wealth: 1. Durable power of attorney 2. Advance medical directives 3. Will 4. Letter of instruction 5....

 

Wednesday, August 2, 2017

With age comes responsibility, so if you're a young adult in your 20s or 30s, chances are you've been introduced to the realities of adulthood. While you're excited by all the opportunities life has to offer, you're also aware of your...

 

Wednesday, August 2, 2017

If your employer-sponsored 401(k) or 403(b) plan offers pre-tax, Roth, and/or non-Roth after-tax contributions, which should you choose? How do you know which one might be appropriate for your needs? Start by understanding the...

 

Wednesday, August 2, 2017

1. What is long-term care? Long-term care refers to the ongoing services and support needed by people who have chronic health conditions or disabilities. There are three levels of long-term care: Skilled care: Generally round-the-clock...

 

Thursday, February 2, 2017

Section 529 college savings plans are tax-advantaged college savings vehicles and one of the most popular ways to save for college today. Much like the way 401(k) plans changed the world of retirement savings a few decades ago, 529 college

 

Wednesday, February 1, 2017

Many students take out federal and/or private student loans to pay for college or graduate school. This article focuses on federal student loans, highlighting current interest rates, borrowing limits, and repayment options. Private loans a

 

Wednesday, February 1, 2017

Financial Aid for CollegeABCs of Financial AidPositioning Your Income and Assets to Enhance Financial Aid EligibilityMajor Federal Financial Aid ProgramsDirect Unsubsidized Stafford LoanDirect Subsidized Stafford LoanPerkins LoanDirect...

 

Wednesday, February 1, 2017

These days, it's hard to talk about college without mentioning financial aid. Yet this pairing isn't a marriage of love, but one of necessity. In many cases, financial aid may be the deciding factor in whether your child attends the college

 

Wednesday, February 1, 2017

There are a number of strategies you can implement to try to enhance the amount of federal financial aid your child receives. These strategies take advantage of the federal rules about which family income and assets are counted in determini

 

Monday, January 30, 2017

There are several federal financial aid programs that can help students and their families pay for college and graduate school. These include federal loans, grants, and work-study. To be considered for any these programs, you must fill out

 

Monday, January 30, 2017

Many parents pay for college with a combination of current income, savings, and financial aid. By learning the basics of financial aid, you'll be able to understand how the aid process works and compare the aid awards your child receives.

 

Thursday, January 19, 2017

Although most of us recognize the importance of sound retirement planning, few of us embrace the nitty-gritty work involved. With thousands of investment possibilities, complex rules governing retirement plans, and so on, most people don't

 

Wednesday, January 18, 2017

Charitable giving can play an important role in many estate plans. Philanthropy cannot only give you great personal satisfaction, it can also give you a current income tax deduction, let you avoid capital gains tax,and reduce the amount of

 

Wednesday, January 18, 2017

The maximum amount you can contribute to a traditional IRA or Roth IRA in 2017 is $5,500 (or 100% of your earned income, if less), unchanged from 2016. The maximum catch-up contribution for those age 50 or older remains at $1,000. (You can

 

Wednesday, January 18, 2017

Deciding when to retire may not be one decision but a series of decisions and calculations. For example, you'll need to estimate not only your anticipated expenses, but also what sources of retirement income you'll have and how long you'll

 

Tuesday, January 17, 2017

Charitable giving can play an important role in many estate plans. Philanthropy cannot only give you great personal satisfaction, it can also give you a current income tax deduction, let you avoid capital gains tax,and reduce the amount of

 

Tuesday, January 17, 2017

Taxes can take a big bite out of your total investment returns, so it's encouraging to know that your employer-sponsored retirement savings plan may offer a variety of tax benefits. Depending on the type of plan your employer offers, you ma

 

Tuesday, January 17, 2017

If you're considering the purchase of an individual bond or even a bond mutual fund, one of your first concerns will be its yield. However, when comparing various yields, you need to make sure you're not comparing apples to oranges. The yie

 

Monday, January 16, 2017

Do you picture yourself owning a new home, starting a business, or retiring comfortably? These are a few of the financial goals that may be important to you, and each comes with a price tag attached.That's where financial planning comes in.

 

Monday, January 16, 2017

You may have lost your job already, or it's something you're concerned about. Either way, the keys to surviving a job loss financially are to plan ahead, take stock of your income, and cut your expenses.

 

Monday, January 16, 2017

Are health insurance premiums taking too big of a bite out of your budget? Do you wish you had better control over how you spend your health-care dollars? If so, you may be interested in an alternative to traditional health insurance called

 

Monday, January 16, 2017

For parents and students trying to manage college bills and student loan payments, the federal government offers education-related tax benefits. The requirements for each are different, so here's what you need to know.

 

Friday, January 13, 2017

Planning your retirement income is like putting together a puzzle with many different pieces. One of the first steps in the process is to identify all potential income sources and estimate how much you can expect each one to provide.

 

Friday, January 13, 2017

Women are increasingly taking responsibility for managing their own money. That includes those who in the past may have left investing to a spouse because they were busy raising a family or had no interest in the subject, but who have since

 

Tuesday, January 10, 2017

Owning a home outright is a dream that many Americans share. Having a mortgage can be a huge burden, and paying it off may be the first item on your financial to-do list. But competing with the desire to own your home free and clear is your

 

Tuesday, January 10, 2017

How well do you understand personal finance? The following brief quiz can help you gauge your knowledge of a few basics. In the answer section, you'll find details to help you learn more.

 

Tuesday, January 10, 2017

Losing a loved one can be a difficult experience. Yet, during this time, you must complete a variety of tasks and make important financial decisions. You may need to make final arrangements, notify various businesses and government agencies

 

Monday, January 9, 2017

Whether you're a current business owner or a budding entrepreneur burning with the next great idea, one of the most important steps you can take on your road to success is creating a business plan. Why? A well-thought-out and well-written b

 

Monday, January 9, 2017

Making decisions about your retirement account can seem overwhelming, especially if you feel unsure about your knowledge of investments. However, the following basic rules can help you make smarter choices regardless of whether you have

 

Monday, December 26, 2016

The holiday season is here, and with it, the inevitable surge in holiday purchasing. Be it presents for the whole family, travel expenses, or hosting that perfect dinner party, the holidays are often accompanied by seemingly unavoidable and

 

Monday, December 12, 2016

An important part of managing your personal finances is keeping your financial records organized. Whether it's a utility bill to show proof of residency or a Social Security card for wage reporting purposes, there may be times when you need

 

Monday, December 5, 2016

One of the longest-standing debates in investing is over the relative merits of active portfolio management versus passive management. With an actively managed portfolio, a manager tries to beat the performance of a given benchmark index by

 

Monday, November 14, 2016

Stocks, bonds, and cash are fundamental components of an investment portfolio. However, many other investments can be used to try to spice up returns or reduce overall portfolio risk. So-called alternative assets have become popular in rece

 

Monday, November 7, 2016

A chocolate cake. Pasta. A pancake. They're all very different, but they generally involve flour, eggs, and perhaps a liquid. Depending on how much of each ingredient you use, you can get very different outcomes.

 

Monday, October 31, 2016

With the wide variety of stocks in the market, figuring out which ones you want to invest in can be a challenging task. Many investors feel it's useful to have a system for finding stocks that might be worth buying, deciding what price to p

 

Thursday, October 27, 2016

Choosing a financial planner can be a tedious process. Finding someone with the experience and expertise to make your money work for you is a big job that shouldn’t be entrusted to just anyone. Whether you’re saving for retirement, growing

 

Monday, October 17, 2016

In a perfect world, both halves of a couple share the same investment goals and agree on the best way to try to reach them. It doesn't always work that way, though; disagreements about money are often a source of friction between couples. Y

 

Monday, October 10, 2016

Some people go swimming by diving into the pool; others prefer to edge into the water gradually, especially if the water's cold. A decision about putting money into an investment can be somewhat similar.

 

Monday, October 3, 2016

Just what you need, right? One more time-consuming task to be taken care of between now and the end of the year. But taking a little time out from the holiday chores to make some strategic saving and investing decisions before December

 

Wednesday, September 28, 2016

Retirement — relaxing in a summer home, traveling the country in an RV, playing with the grandkids, or spending time enjoying the things and people you love. Although retirement might seem like a far-off dream, it will be here sooner rather

 

Monday, September 26, 2016

It wasn't so long ago that many investors regarded dividends as roughly the financial equivalent of a record turntable at a gathering of MP3 users--a throwback to an earlier era, irrelevant to the real action.

 

Friday, September 16, 2016

Charitable giving can play an important role in many estate plans. Philanthropy cannot only give you great personal satisfaction, it can also give you a current income tax deduction, let you avoid capital gains tax,and reduce the amount of

 

Thursday, September 1, 2016

An individual retirement arrangement (IRA) is a personal retirement savings plan that offers specific tax benefits. In fact, IRAs are one of the most powerful retirement savings tools available to you. Even if you're contributing to a 401(k

 

Monday, August 1, 2016

If you've lost your job, or are changing jobs, you may be wondering what to do with your 401(k) plan account. It's important to understand your options.

 

Friday, July 15, 2016

Creating a resume, applying for jobs, asking for letters of recommendation – when applying for a job, the list of items to check off before getting your foot in the door can be daunting. But once you’ve landed the job of your dreams and

 

Friday, July 1, 2016

If you're a decade or so away from retirement, you've probably spent at least some time thinking about this major life change. How will you manage the transition? Will you travel, take up a new sport or hobby, or spend more time with fr