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...
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“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...
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...
Does the old stock market cliché have any credibility in 2012? An old stock market dictum says that spring is for profit-taking, or at least a time to reduce your exposure to equities. In the classic market psychology, you “sell in May and go away” with the...
A look at some financial changes & the opportunities they may present. Every year brings some financial change, so here are some relevant changes relating to investment, tax and estate planning for 2012. Retirement plans. 401(k), 403(b) and 457 plan annual contribution limits rise slightly to $17,000,...
More companies are offering them. Will they fix our retirement savings blues? The trend could become the norm. Human resources firm Aon Hewitt surveyed 120 large U.S. companies in 2010 and found that 60% of them automatically enrolled workers in defined contribution retirement plans such as...
Stocks are fizzling ...
WEEKLY QUOTE “A mistake is to commit a misunderstanding.” – Bob Dylan WEEKLY TIP As you shop for groceries, how many impulsive purchases do you make? Impulsive buying might negate the dollars you are saving through coupons and preferred customer cards. WEEKLY RIDDLE A librarian finds that pages have been ripped out of a...