Articles of Interest
Date: October, 2020
Description: Like most people, you probably have a vivid, exciting picture of what your ideal retirement will look like. Maybe it’s spending time with family at a beach house, crossing off the books that have accumulated on your to-read list, or finally being able to volunteer enough of your time to make a difference for your favorite charity. But there’s no doubt that the journey to retirement is long and winding—and, as with any journey, you’ll encounter challenges along the way before arriving at your desired destination. Adopting good financial habits is a must for plotting a successful retirement journey. Let’s explore five positive ways to get—and stay—on the right track.
Title: 10 Reasons To Save
Date: September, 2020
Description: We all know we should be saving for retirement. But, according to EBRI’s 2018 Retirement Confidence Survey, many Americans aren’t prepared. In fact, 79 percent of respondents said they plan to work in retirement! Of course, life gets in the way of taking action, and retirement seems so far off. But whether or not you’re prepared, it will be time to retire before you know it. Read on for 10 reasons to make saving for retirement a priority today.
Date: August, 2020
Description: You’ve put in the hard work of saving for college, and now it’s time to start using those 529 plan assets to help with a family member’s education-related costs. But before you begin withdrawing those funds, it’s important to understand the difference between qualified and non-qualified expenses.
Title: Vacation Home
Date: July, 2020
Description: As the weather warms up, many people are thinking about summer plans—and possibly dreaming of buying a vacation home. Although the idea of having a permanent “home away from home” may sound appealing, purchasing a vacation property isn’t something to be entered into lightly. If you’re considering this major commitment, here are some important questions to ask yourself.
Title: Smartphone Safety
Date: June, 2020
Description: It's tough to remember how we got by befoe smartphones. Because completing tasks on smart phones is so easy we tend to take these devices for granted over looking the sensitivity of the data we store on them. Here are some common mistakes and how to fix them.
Date: May, 2020
Description: It doesn’t take much to start capturing valuable memories—just a notepad, an audio recorder, or a video camera. While you could write down all the answers, it might be easier and more fun to record them for future generations to hear or, better yet, see!
Date: April, 2020
Description: Whether you are in the “sandwich generation,” taking care of aging parents while raising your own children, or you are caring for others in some manner, it can be a balancing act. And it’s one that can take its toll on your emotional well-being. In other words, you may be suffering from compassion fatigue.
Date: March, 2020
Description: On March 27, 2020, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act) into law. The CARES Act has been enacted as a direct response to the COVID-19 pandemic and is intended to provide immediate and ongoing economic relief to individuals and businesses affected by the crisis. The following Q&A covers key questions you may have about the legislation.
Title: Don't get Caught of Guard
Date: March, 2020
Description: According to the 2017 Verizon Data Breach Inves9ga9ons Report, 90 percent of all security incidents and breaches start with phishing aDacks. Hackers use these aDacks to trick people into divulging personal informa9on. Unfortunately, many oJen don’t realize they have fallen for a phishing scam un9l aJer the fact.
Date: February, 2020
Description: We have our first surprise of the year: The Coronavirus. In January, I wrote in my annual forecast that we will be surprised by something this year. This is likely the first of several unexpected, unpredicted events we will experience in 2020, especially given that it is an election year.
Date: February, 2020
Description: When it comes to filing our tax returns, we all want to complete every form accurately and according to the instructions. So finding out that someone has filed a fraudulent return in our name is something we never want to experience.
Date: February, 2020
Description: After a cyber breach, we tend to think in terms of what the victim needs to do next. Can any of the stolen data be protected after the fact? What can the victim do to secure confidential information going forward? But for a change, let’s talk about the crime from the cyber thief’s point of view. What does the crook do with our data once he or she has stolen it?
Date: January, 2020
Description: On December 20, 2019, the SECURE Act was signed into law. The SECURE Act contains 29 provisions, encompassing many aspects of financial planning and retirement saving. Once treasury regulations are released, nuances in interpreting this new law will become clearer. Until then, individuals are left to interpret the law’s effects based on the language of the law itself. This article will address what the SECURE Act entails and who it affects, as well as provide suggestions on how to plan for the changes that have been instituted.
Title: New IRS Withholding Tool
Date: December, 2019
Description: As a taxpayer, were you disappointed by your 2018 tax return? Perhaps you found out that you owed taxes because your paycheck withholdings were insufficient. Or maybe your refund was smaller than you anticipated. Due to changes in tax withholding rates and limited deductions, the Tax Cuts and Jobs Act of 2017 created surprises like these for many taxpayers. Prior to the new law, taxpayers frequently received a refund due to excess withholding.