Greetings! I trust that this will find you well and enjoying life. When we talk about inheritances, generally we think first about assets and real property. However, a recent survey found that 86 percent of baby boomers and 74 percent of Americans 72 and older believe that documenting their family history is…
Continue Reading September 22, 2014Category: Uncategorized
September 15, 2014
Greetings! I trust that this will find you well and enjoying life. In the past few months I’ve had a number of inquiries about when is the best time to purchase long term care insurance. Long-term care insurance premiums increase as you get older, but generally you can lock in…
Continue Reading September 15, 2014September 8, 2014
Greetings! I trust that this will find you well and enjoying life. Starting in 2015, new rules will permit only one rollover per year from one traditional IRA to another traditional IRA. The new provision is designed to discourage IRA owners from taking temporary tax-free loans from their IRAs via multiple rollovers…
Continue Reading September 8, 2014September 2, 2014
Greetings! I trust that this will find you well and enjoying life. I took a few days off to rest and renew. My Chesapeake Bay retriever Sheba and I were able to enjoy some excellent dove shooting in Mississippi over the labor day weekend. I hope that the attached weekly economic…
Continue Reading September 2, 2014August 25, 2014
Greetings I trust that this will find you well and enjoying life! You all know the emphasis I place on financial education and the value of knowledge. I believe that the more you know about the economy and personal finances, the better and easier it is for you to make sound financial…
Continue Reading August 25, 2014August 18, 2014
Greetings! I hope this finds you well and in good spirits. Please find the following information on maximizing Medicare. We need to all be prepared to manage this government program to our maximum advantage. After all, you pay for it. One of every three U.S. residents is insured by Medicare…
Continue Reading August 18, 2014August 11, 2014
Greetings! I hope this finds you well and in good spirits. I have had a number of clients to downsize their homes recently. I suspect that this trend will continue. The following information will be useful if you plan to downsize or relocate. A recent report found that the residential…
Continue Reading August 11, 2014July 28, 2014
Greetings! I hope this finds you well and in good spirits. I saw this article recently on discovering travel cost and thought you might find value in it. We are now fully into the summer travel season. About 41 percent of the U.S. population — approximately 72 million Americans — plan…
Continue Reading July 28, 2014July 21, 2014
Greetings! I trust that this will find you well and enjoying life. Whether you’re already retired or knocking on the door, one way to potentially maximize your savings, investments and income is to minimize your tax liability. Tax-deferred vehicles are more tax efficient since money can grow without the annual burden of…
Continue Reading July 21, 2014July 14, 2014
A common strategy to save for retirement is to allocate funds to a tax-deferred retirement account, such as a traditional IRA, employer-sponsored 401(k) or 4013(b) plan. However, one drawback to saving via these plans is that when you take distributions in retirement, they are taxed at your ordinary income tax rate. This strategy…
Continue Reading July 14, 2014