WEEKLY QUOTE“Your life does not get better by chance, it gets better by change. - Jim Rohn WEEKLY TIP New parents should check to see if they qualify for child tax credits and other family tax benefits for tax years 2012 and 2013. WEEKLY RIDDLE Two men played five games...
WEEKLY QUOTE“There are two ways to live life. The first is as if nothing is a miracle. The second is as if everything is a miracle.” - Albert Einstein WEEKLY TIP Retirees should remember that their assets may last longer if distributions are taken from taxable accounts first, then...
A thoughtful financial move for a loved one with a disability. If you have a child with special needs or care for an adult relative who is mentally or physically challenged, you face long-run financial demands. In all probability, federal and state assistance won’t help you...
WEEKLY QUOTE “We are what we repeatedly do; excellence, then, is not an act but a habit.” - Aristotle WEEKLY TIP How financially literate are your children? Encourage them to read up on investing and money matters before they turn 18. WEEKLY RIDDLE I am gentle enough to soothe the skin,...
Save a little more for retirement. Time to boost your IRA balance. In 2013, you can contribute up to $5,500 to your Roth or traditional IRA. If you will be 50 or older by the end of 2013, your contribution limit is actually $6,500 this year...
WEEKLY QUOTE“Never mistake a clear view for a short distance.” - Paul Saffo WEEKLY TIP See if you can keep your essential expenses down to about 50% of your after-tax income. WEEKLY RIDDLE You can rearrange the letters in insatiable to make another ten-letter word that starts with...
Direct & indirect opportunities that don’t get enough ink. Besides periodic IRA contributions and elective salary deferrals into 401(k) and 403(b) plans, there are other ways to amass retirement savings, some of them often overlooked. Put tax refunds & tax savings to work. If you get a...
The summer of 2012 has defied expectations. On August 21, the S&P 500 hit a 4-year high. It climbed 3% in the first three weeks of the month following a 1.26% July gain. Across the past four weeks, the index’s total return has been just under...
WEEKLY QUOTE“All right, I am corny. But I think there are about 140 million people in this country just as corny as I am.” - Walt Disney WEEKLY TIP If you are expecting a child, take a moment to calculate the amount left on your mortgage and to roughly...
Saving in your youth and the power of compound interest. We’re often reminded to save money for a rainy day, but young people don’t always think in the long-term. While it’s true that many people start investing later in life and enjoy comfortable returns on their...