Category Archives: Estate Planning
The Current CD Quandary
Today’s yields can’t beat inflation. Presented by Deanna R Pickering CD investors are effectively losing money. According to Market Rates Insight, a research firm tracking bank rates, annualized inflation has surpassed long-term certificate of deposit rates since February. In April, … Continue reading
The Bush-Era Tax Cuts Live On
A holiday gift for taxpayers? After a 277-148 passage in the House and an 81-19 approval in the Senate, President Obama signed the 2010 Tax Relief Act into law on December 17, extending the Bush-era tax cuts.1Here is the impact of … Continue reading
Apply for Social Security Now… or Later?
Now or later? When it comes to the question of Social Security income, the choice looms large. Should you apply now to get earlier payments? Or wait for a few years to get larger checks? Consider what you know (and don’t … Continue reading
Paying for College While Saving for Retirement
It can be done. All across America, families are meeting a mighty financial challenge the challenge of paying college costs with retirement potentially on the horizon. How do they do it? They go about it consistently; they also get creative.
Why You Shouldn’t Withdraw From Your 401(k)
Recently, you may have heard about a spike in 401(k) withdrawals. The evidence is not merely anecdotal. Fidelity Investments recently issued its 2010 overview of the 401(k) accounts it administers and found that 22% of participants had outstanding loans from … Continue reading
Will the Bush-era tax cuts be saved?
In July, Treasury Secretary Timothy Geithner said that very few taxpayers would be affected if the landmark tax cuts of 2001 and 2003 expired. “I do not believe it will affect growth, he calmly commented on ABC’sThis Week.1 Many legislators and … Continue reading
Should you downsize for retirement?
You want to retire, and you own a large home that is nearly or fully paid off. The kids are gone, but the upkeep costs haven’t fallen. Should you retire and keep your home? Or sell your home and retire? … Continue reading
