Why You Might Want to Create a Donor-Advised Fund

November 7, 2018 · · Articles, Financial Planning, Generosity, Tax Planning · 0 Comments

A DAF can be a great way to give, with potentially great tax breaks. Do you regularly donate to charities and other non-profit organizations? Then you may want to open a donor-advised fund.   Donor-advised funds are becoming popular. It is easy to see why. They offer potential tax perks, and in some instances, a.

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Filling Out the FAFSA

October 24, 2018 · · Articles, Cash Management, Children · 0 Comments

There is really no reason to wait   October is here – the ideal time for college students to apply for financial aid. October 1, in fact, marks the first day a current or future college student can submit a Free Application for Federal Student Aid, or FAFSA, for the 2019-20 academic year. Since some states.

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Tax Changes That May Be Overlooked

October 19, 2018 · · Articles, Cash Management, Financial Planning, Tax Planning · 0 Comments

Some alterations to the Internal Revenue Code were less publicized than others.  Late last year, federal tax laws underwent sweeping changes. Nearly a year later, you can be forgiven for not keeping up with them all. Here is a look at some important (yet underrecognized) adjustments that may affect the numbers on your 2018 federal.

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When Is Social Security Income Taxable?

October 12, 2018 · · Articles, Cash Management, Tax Planning · 0 Comments

To find out, look closely at two factors.    Your Social Security income could be taxed. That may seem unfair or unfathomable. Regardless of how you feel about it, it is a possibility.   Seniors have had to contend with this possibility since 1984. Social Security benefits became taxable above a certain yearly income level.

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The Details More People Should Know About Medicare

September 21, 2018 · · Articles, Cash Management, Insurance, Risk Management · 0 Comments

  Before you enroll, take note of what medicare insurance does not cover and the changes ahead.     Misconceptions about Medicare coverage abound. Our national health insurance program provides seniors with some great benefits. Even so, traditional Medicare does not pay for dental care, vision care, or any real degree of long-term care. How.

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Starting a Roth IRA for a Child or Grandchild

September 7, 2018 · · Articles, Cash Management, Children, Investing, Retirement · 0 Comments

This early financial decision could prove profoundly positive over time.   Do you have a child or grandchild earning some income? Indirectly, that after-school or summer job might present a savings opportunity for that teenager. You could help your child or grandchild save for future goals by assisting them to create and fund a Roth.

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Financial Considerations When Buying a Car

August 31, 2018 · · Articles, Cash Management · 0 Comments

Things to think about before heading to a dealership.     Time to buy a car? Short of buying a house, this is one on the most important purchases you will make. It’s also one that you might be making several times through your life, comprising of thousands – sometimes tens of thousands – of.

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Ways to Repair Your Credit Score

July 14, 2018 · · Articles, Credit · 0 Comments

  Steps to get your credit rating back toward 720.   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 that score declines. What steps can we take to repair it? Reduce your credit utilization ratio (CUR). CUR is.

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Weekly Economic Newsletter – June 25, 2018

June 25, 2018 · · Uncategorized · 0 Comments

  WEEKLY QUOTE “Silent gratitude isn’t very much use to anyone.” – Gertrude Stein            WEEKLY TIP Business owners can risk neglecting their retirement planning as they get caught up in the daily activity of their companies. Be sure to look into a SEP IRA, SIMPLE IRA, Solo 401(k), or other retirement plans if you are.

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Weekly Economic Newsletter – June 18, 2018

June 18, 2018 · · Economic, Newsletters · 0 Comments

    WEEKLY QUOTE “Where there is friendship, there is our natural soil.” – Voltaire            WEEKLY TIP When a lender permits a borrower to defer a college loan, the borrower may still have to pay interest on the remaining loan balance. The lender, not the borrower, will decide when the loan payments need to restart..

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