Cash Management

Year-end Financial Checklist for Working Professionals

2018-12-17T23:44:10+00:00

Set yourself up for success in the new year with a financial checkup.  Here are some essential year-end tax, planning, and financial housekeeping items to consider.   If you need help, don't hesitate to contact us.    Maximize  contributions to tax-advantaged retirement savings accounts including 401(k), HSA, or IRA accounts. Reduce taxes by offsetting capital gains [...]

Year-end Financial Checklist for Working Professionals2018-12-17T23:44:10+00:00

Filling Out the FAFSA

2018-10-24T11:57:40+00:00

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 [...]

Filling Out the FAFSA2018-10-24T11:57:40+00:00

Tax Changes That May Be Overlooked

2018-10-19T15:47:17+00:00

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 [...]

Tax Changes That May Be Overlooked2018-10-19T15:47:17+00:00

When Is Social Security Income Taxable?

2018-10-12T14:05:40+00:00

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 [...]

When Is Social Security Income Taxable?2018-10-12T14:05:40+00:00

The Details More People Should Know About Medicare

2018-09-21T12:45:50+00:00

  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 [...]

The Details More People Should Know About Medicare2018-09-21T12:45:50+00:00

Starting a Roth IRA for a Child or Grandchild

2018-09-07T14:16:09+00:00

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 [...]

Starting a Roth IRA for a Child or Grandchild2018-09-07T14:16:09+00:00

Financial Considerations When Buying a Car

2018-08-31T09:58:34+00:00

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 [...]

Financial Considerations When Buying a Car2018-08-31T09:58:34+00:00

Ways to Fund Special Needs Trusts

2018-01-09T15:17:15+00:00

A look at the different options & strategies. If you have a child with special needs, a trust may be a financial priority. There are many crucial goods and services that Medicaid and Supplemental Security Income will not pay for, and a special needs trust may be used to address that financial challenge.   In [...]

Ways to Fund Special Needs Trusts2018-01-09T15:17:15+00:00

Your 2018 Financial To-Do List

2017-12-13T14:31:54+00:00

  Things you can do for your future as the year unfolds. What financial, business, or life priorities do you need to address for 2018? Now is a good time to think about the investing, saving, or budgeting methods you could employ toward specific objectives, from building your retirement fund to lowering your taxes. You [...]

Your 2018 Financial To-Do List2017-12-13T14:31:54+00:00

Preventing a Debit Card Hack

2017-09-22T11:48:30+00:00

How can you plan to protect yourself against this increasingly common crime?   According to FICO’s Card Alert Service, the number of businesses or ATM locationswhere debit cards were hacked rose 26% from 2015 to 2016. Additionally, the number of compromised cards has steadily risen during this decade.1   Crooks can attach skimmers to ATMs or [...]

Preventing a Debit Card Hack2017-09-22T11:48:30+00:00