The holidays can be a magical time of year, filled with the warmth of family and friends and the joy of giving—or receiving—the perfect gift. But if you’re not careful, the holidays can also be a financial drain—leaving bills that linger long after spring has returned.
Americans are woefully unprepared for retirement. As survey after survey has shown, the average person is simply not saving enough to provide for a comfortable retirement. That’s why Congress is currently proposing reforms to retirement plan rules.
Individual retirement accounts (IRAs) come in two flavors: traditional and Roth. With a traditional, contributions are potentially tax deductible and taxes on contributions and earnings are paid when funds are withdrawn in retirement. With a Roth, contributions are made after tax, but withdrawals in retirement are generally tax free.
Spring is right around the corner and thoughts of spring cleaning may be on your mind. Along with sprucing up your home for the upcoming warm weather, it might be even more important to take some time to spruce up your finances.
Is it just me?? Or does it feel that time goes by faster the older I get? Many of us feel that time passes more quickly as we age… a perception that can lead to anxious thoughts, self-reflection, doubt and sometimes regret. Read More
With the New Year approaching are you preparing your list of those infamous New Year’s Resolutions? Maybe to eat healthier, be more organized, get control of your finances? If getting your financial house in order is on your list for the New Year, here are some ideas to help you get started:
Millions of Americans fall victim to identity theft each year. According to the Department of Justice, an estimated 17.6 million people, or 7% of all U.S. residents age 16 or older, were victims of one or more incidents of identity theft in 2014 (latest available). What’s more, about 7% of identity theft victims experienced out-of-pocket losses of $100 or more.
What’s on your end-of-the-year to-do list? Shopping for gifts? Making travel plans? What about spending some time with your investments? Conducting a review and making important decisions before 2018 comes to a close may help you lower your tax bill and get your portfolio on the right track for 2019.
I have watched NBC’s America’s Got Talent off and on through the years…and this season, I’ll admit I have found myself tuning in to more episodes than I thought I would. Season after season, I am reminded that America DOES have talent—and a lot of it!