WEEKLY QUOTE“To conquer fear is the beginning of wisdom.” - Bertrand Russell WEEKLY TIP Your will, trust and powers of attorney should be reviewed regularly, once a year if possible. Time can alter priorities and intentions. WEEKLY RIDDLE Einstein’s Riddle: A man meets a bear in a...
Who would you rather emulate? You stand at your window and look across the street. Nice house, you think. Nice landscaping. Nice sports car. Nice driveway. New bikes for the kids. Wow, your neighbors are really well off. If only you had that kind of money. That...
WEEKLY QUOTE“Complexity is your enemy. Any fool can make something complicated. It is hard to keep things simple.” - Richard Branson WEEKLY TIP Never leave money on the table when it comes to your 401(k) or 403(b). If your employer offers to match contributions, strive to contribute...
What factors might influence the Fed in the near future? Here’s a trivia question for you: when was the last time the Federal Reserve raised the benchmark U.S. interest rate? The answer: June 29, 2006. On that day, the federal funds rate hit 5.25%. It has declined...
WEEKLY QUOTE“I have never let my schooling interfere with my education.” - Samuel Clemens WEEKLY TIP Most homeowner insurance policies do not cover damage from floods and earthquakes. You will need to purchase separate coverage for protection from those calamities. WEEKLY RIDDLE What 9-letter word remains an English word...
WEEKLY QUOTE“Don't be intimidated by what you don't know. That can be your greatest strength and ensure that you do things differently from everyone else.” - Sara Blakely WEEKLY TIP Each day brings breaking news; beware of abruptly altering your long-range financial strategy in response. WEEKLY RIDDLE You have been...
What are the potential benefits? What are the drawbacks? The Bush-era tax cuts could sunset in 2013, and that possibility has prompted some traditional IRA owners to think about Roth conversions. If tax rates go up, going Roth may be smart. The key word in that...
WEEKLY QUOTE “He who is not courageous enough to take risks will accomplish nothing in life.” - Muhammad Ali WEEKLY TIP If you and your partner aren’t married, it might be prudent to create a domestic partnership agreement that states how expenses are shared, how assets are owned, and how those...
April is nearly here. Keep your IRA in mind. Many of us associate April with taxes. We should also associate it with IRAs, for April is the month with the deadlines for IRA contributions and mandatory IRA withdrawals. The deadline for your 2010 IRA contribution is April...
A summary of what you need to know. Don’t wait until New Year’s to join a Medicare plan. The open enrollment period ends early this year, and many Medicare beneficiaries may not realize it. In fact, 97% of seniors in a recent poll conducted by UnitedHealthcare...