There are many cool ways to get the greatest bang for your charitable giving buck, and this article will explore two techniques that are simple, relatively new, and effective. First is the Qualified Charitable Distribution (QCD) from an IRA. Unfortunately,…
If you are an investor and you want to make good investments, make sure you know how to deal with Investor Poison. Investor Poison is the media that throws story after story at you to elicit a response from you. Why would they do that?…
Equifax Data Breach Settlement What do you need to do? 147 million American’s data was stolen from Equifax in 2017. The data maintained by a credit bureau is immense and put all people affected by this breach at serious…
On a weekly basis, we answer many personal finance questions, either for our clients or for radio listeners. The most common question asked is what to do with an existing 401(k) balance that was accrued when working for a former…
Most people know that Roth individual retirement accounts (IRAs) have a “5-year rule,” that is, you must have owned your Roth IRA for at least 5 years and be over the age of 59.5 years to withdraw earnings tax-free during…
There is an old saying that is worth remembering when it comes to income taxes: “Those who cannot learn from history are doomed to repeat it.” As increasingly more politicians demand that the rich pay their “fair share,” it would…
To an investor, the main obstacles to wise investing are greed and fear. How often do people buy stock simply because they think that they are going to make a significant amount of money? Greed can make the most rational of investors…
Many equate estate planning with creating a will. So, when you finally get around to writing your will-- a task most of us prefer avoiding rather than addressing, you feel satisfied that you took care of everything. Unfortunately, though, you…
It seems every year most people want to have their taxes filed by April 15th, and nobody wants to file an automatic, no questions asked extension till October 15th. It seems to us as many feel they are doing something…
It is one thing to understand the universe of investing, but it is another thing to know how to work with it. The universe of investing tells us that any investment that yields more than the safe rate of return comes…