FREE IRS Report on Solving Tax Problems
Send Me the FREE ReportWhat are NFTs? Why were they used to buy the artist Beeple’s work Everydays: The First 5000 Days at a recent Christie’s auction for $69,346,250? The answer is both simple and complicated. […]
Social Security Administration Announces COLA and Max Earnings for 2021
The Social Security Administration typically updates key numbers for the upcoming year in the fall. One of the key numbers for retirees is the cost-of-living change: A 1.3% increase will […]
The SECURE Act: Major Retirement Plan Changes Become Law
Despite all the gridlock in Washington, as well as an impeachment, the SECURE Act is poised to pass through Congress and be signed into law. It changes a number of […]
Fannie Mae/Freddie Mac Allow Non-FICO Score
Surprising mortgage watchers, the Federal Housing Finance Agency will allow Fannie Mae and Freddie Mac to use VantageScore as an alternative to the FICO credit scoring model. How will this […]
What is a Simple IRA? If you’re a business owner, you may have already heard this term before. A Simple IRA is a retirement plan allowed for by the tax […]
Adult Children and Filial Responsibility Law
What happens if Medicare isn’t yet applicable and the parents can’t pay for their own care? If a patient can’t pay for care received in such a situation, filial responsibility […]
6 Retirement Mistakes to Avoid
Sadly, a large percentage of people — most notably, the baby-boom generation (1946-1964) — have made some monumental retirement mistakes. If they had come to us earlier, seeking retirement advice, […]
What Does It Mean to Be a Fiduciary?
Long-debated rules were supposed to go into effect to require your financial advisor to act in your best interests when advising you on your 401(k) and individual retirement account. However, […]
How to Pick a Financial Advisor
Don’t just pick anyone who calls himself a “financial planner.” Make sure you search for a Certified Financial Planner, a badge of achievement awarded by the Certified Financial Planner Board […]
Get the Inside Scoop on Annuities
Annuities are financial products sold by insurance companies that allow you to put aside money, have it increase each year without paying taxes and then trigger a stream of future […]
When It’s Time to Take Money Out of Retirement Plans
The term “distributions” refers to money withdrawn from a retirement plan. Generally, traditional IRA and 401(k) account holders are eligible to take penalty-free distributions at age 59 1/2, but the […]
Landlording Can Be A Great Retirement Job
Looking for a part-time job that can earn you income without taking up too much time? Consider investing in a rental property and hiring yourself as a landlord. You’ll manage […]