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.
Latest Insights Article
Credit Freezes: Are they right for you?
Every time there is a massive data breach, we are asked “Should I freeze my credit?” Historically, the process has been cumbersome and time consuming, and few do it. Now, Congress has made it easier. Here’s how it works.
Tax Bill Alert
Another tax bill is working its way through the House. If passed in its present form, it makes changes to retirement plans and other things. Read more.
The Grass is Not Always Greener on the Other Side
Everybody wants to be in on the ground floor of the next big investment idea. This year, we’re getting a lot of questions about the Marijuana industry. With medical usage now legal in most states, and well-established companies looking to enter the industry, is this a slam-dunk investment opportunity? Let’s discuss.
Giving to Charity This Holiday Season? Why the New Tax Plan Changes Everything.
About 12% of charitable giving happens in the last three days of the year. But under the new tax plan, many taxpayers won’t be able to deduct their donations. Howard Hook contributed to this article, outlining the new rules, explaining who can itemize, and reviewing some useful strategies.
Rules if You Inherit an Inherited IRA
How is the RMD of an inherited IRA calculated if that IRA was already also an inherited IRA? Read Howard’s answer.
The IRS Tax Withholding Tables May Be Inaccurate. Here’s What You Need to Know.
Due to the many changes the recently passed Tax Cuts and Jobs Act made to how taxable income is derived, many taxpayers may be more under-withheld than normal. Find out what you can do about it.
Three Changes to Retirement Accounts You Should be Aware of
Lost in all the tax changes that went into effect this year were several changes made to IRA and Roth IRA accounts that bear mentioning. Read about them here.
What to do in the Face of Volatility
Volatility in the stock market has returned. Here’s some advice.
Change Can Be Good; But Not All Things Can Be Replaced.
The concept of “creative destruction” refers to new industries sprouting up to take the place of old industries. But throughout the destruction and eventual creation of these industries – including the financial industry – lies real people.
Tips for Preventing Fraud: A Checklist
Cybercrime and fraud are serious threats and constant vigilance is key. This checklist summarizes common cyber fraud tactics, best practices for protecting yourself, and actions to take if you suspect that your personal information has been compromised.
The Importance of Having a Will
Nearly 60% of U.S. adults do not have a will. The three most common reasons include “we can’t agree on a guaradian/executor,” “none of my assets are taxable,” and “I don’t have enough assets to leave to anyone.” This article addresses the last two myths.