What if you could lower your retirement tax bill and make a lasting difference at the same time? For retirees over age 70½, that’s exactly what a Qualified Charitable Distribution (QCD) offers. By directing required withdrawals from your IRA straight to charity, you can reduce taxable income and put your money to work for the causes you care about most.
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6 Tips to Improve Your Financial Health
These simple steps can improve your financial health. Learn how to leverage credit reports, interest rates, the bond market, your dependent care account, and more.
How Your 529 Plan Can Help Your Grade School Kids
529 Plans are typically used to pay for college. Now, however, parents are questioning if their Plan can help fund private school for K-12.
August 31 Deadline to Roll Back Required Minimum Distributions Fast Approaching
Did you take an RMD before the CARES Act passed and changed the requirement? There’s still time to roll back your withdrawal.
Why You Should Include Digital Assets in Your Will
Your Will probably details who gets all your stuff when you die. But have you considered what will happen to all your digital assets? You have more than you realize, and they need to be accounted for.
Seniors Turn to Education for Retirement Activity
The concept of retirement has evolved. Instead of focusing on the golf course and the bridge table, today’s retirees are showing up on college campuses, or at least they were until the pandemic set in. Still, seniors are turning to education as one of their primary interests in retirement, and there are lots of opportunities to consider in both the real and virtual worlds.
Mutual Fund Investors Could Face Unpleasant Surprise
This year’s extreme market volatility may have significant tax consequences for mutual fund investors. Here’s what you need to know.
Don’t Rush Inheritance Decisions
Baby boomers expect to transfer $30 trillion to their heirs over the next several decades. Read these tips to ensure you manage your inheritance properly.
Cash is King
When building an investment portfolio, it’s important to consider cash in the mix. Learn the many reasons why, and how to determine how much cash is right for your financial plan.
How Do I Handle This Retirement Income on My Taxes?
Here’s how to get it right when you consider retirement income exclusions.
11 Common Money Mistakes People Make in Retirement (UPDATED)
Retirement is supposed to be enjoyable. Healthy financial habits should have set you up to do the things you’ve always wanted. But too often, individuals make mistakes that derail their plans to be financially independent. Learn how to set yourself up for a worry-free retirement.
Millennials Will Rule the World, For Better or Worse
Millenials are saddled with many challenges. But they are our next set of leaders and are deserving of our attention. Learn what they’re up against, and how they can overcome it.
Tax Alert: NJ/NY Estimated Tax Payments Due on June 15, 2020
On March 21, the IRS postponed the tax filing deadline from April 15 to July 15. But New York and New Jersey didn’t follow suit on all the tax deadlines. Here’s what’s due Monday.