WEEKLY QUOTE“You can only perceive real beauty in a person as they get older.” - Anouk Aimée WEEKLY TIP If you gift stock to help your student pay some college costs, be careful – if the gain is too large from the sale, your child’s unearned income...
IRAs & workplace retirement plans have higher contribution limits. The IRS has set annual contribution limits for IRAs, 401(k)s and other retirement plans higher for 2013, and made other important adjustments for inflation as well. Here is an overview of some notable changes just announced. The 2013...
You may want to exploit these strategic opportunities. Will the Bush-era tax cuts expire next year? We may not have an answer to that question for several months. After the November elections, you could see them extended once again. Nothing is certain: with the daunting financing...
WEEKLY QUOTE“No rational argument will have a rational effect on a man who does not want to adopt a rational attitude.” - Karl Popper WEEKLY TIP This is the time of year to get your “tax file” ready. Start a file in which you can compile your W-2s,...
It isn’t too early to think about next year. We are now in plain view of the “fiscal cliff”. After the election, Congress may or may not end up keeping income and estate tax rates at their recent levels. Next year may bring some notable financial...
WEEKLY QUOTE“Life can only be understood backwards, but it must be lived forwards.” - Soren Kierkegaard WEEKLY TIP If you’re shopping for a homeowner policy, feel free to ask for a discount. If you can demonstrate that you are taking steps to reduce risk, you may be...
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...
WEEKLY QUOTE“Treasure the love you receive above all. It will survive long after your good health has vanished.” - Og Mandino WEEKLY TIP The fine print on a lease or a mortgage is always worth reading. Ask the business owners and homeowners who have learned this from experience. WEEKLY RIDDLE How...
Many of these options go unrecognized. Today’s average student borrower takes out more than $25K in loans. Education debt has reached record levels in America – more than $1 trillion. In the face of those numbers, parents and students are looking for assorted ways to pay...
WEEKLY QUOTE“Every exit is an entry somewhere else.” - Tom Stoppard WEEKLY TIP Think about making a household budget using an online spreadsheet. You can easily find or create one on the Web for free; some even have built-in calculators. WEEKLY RIDDLE What lives above a star but never...