Happy 4th of July
Happy 4th of July
Sunday, 07 June 2020
The number of stories about fraudsters taking advantage of unsuspecting victims seems to grow by the day. Of course, it’s easy to think, “This will never happen to me!” But to keep your money and personal information safe, it’s vital to stay abreast of the latest scams.
Coronavirus Email Scams Spreading
We’ve all read the headlines about the coronavirus. Unfortunately, this serious health threat has presented an opportunity for those hoping to profit from the growing fears surrounding the virus.
Friday, 29 May 2020
Over the past week, we’ve seen more good news in the coronavirus crisis. Perhaps most important, there were no signs of a second wave of infections stemming from the ongoing reopening of the economy and the loosening of social distancing measures in several states. In fact, the data reveals that social distancing had been subsiding in many areas even before the formal loosening. At two weeks or more into the start of this new environment for the spread of the virus, some growth in cases could have been expected. The fact that we have continued to see the spread rates at close to the lowest levels of the pandemic is a real positive.
Wednesday, 27 May 2020
Wednesday, 20 May 2020
The first part of 2020 was rocky, but there should be better days ahead. Taking a close look at your finances may give you the foundation you need to begin moving forward. Mid-year is an ideal time to do so, because the planning opportunities are potentially greater than if you waited until the end of the year. Here are some recommendations about what to review at this time.
Monday, 18 May 2020
Our country is in an unprecedented state because of the COVID-19 virus, resulting in hardships for many individuals and families. In response, Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which provides tax and retirement relief to affected individuals. Some provisions apply to everyone; others require certain requirements to be satisfied. Here’s what you need to know about the new legislation.
Tuesday, 12 May 2020
If you’re recently divorced, it’s normal to worry about your financial situation. Settling into a new financial life will take time, but here are some tips that may help.
Thursday, 30 April 2020
For couples with one wage earner, there is often a savings gap between the working and non-working spouse. In many cases, women have lower retirement savings balances than men. Though there may be multiple reasons for this disparity, the most fundamental are the wage gap between men and women and the fact that women are more likely than men to take time off to care for children and other family members.1
A spousal IRA — funded for a spouse who earns little or no income — offers an opportunity to help keep the retirement savings of both spouses on track. It also offers a larger potential tax deduction than a single IRA. A spousal IRA is not necessarily a separate account — it could be the same IRA that the non-working spouse contributed to while working. Rather, the term refers to IRS rules that allow a married couple to fund separate IRA accounts for each spouse based on the couple’s joint income.