Monday, 26 October 2020
presented by Doble LeBranti Financial Group
COVID-19 has forced economists to become students of virology.
“The virus is the economy,” says Capital Group U.S. economist Jared Franz. “All economic growth forecasts depend on the trajectory of the virus — whether it gets better or worse, whether we can develop an effective vaccine and whether government stimulus measures will continue to help bridge the income gap for workers who have been displaced by this unprecedented downturn.”
So when is growth likely to return to pre-pandemic levels?
Wednesday, 26 August 2020
presented by Doble LeBranti Financial Group
In this article, we address some common concerns about collecting social security retirement benefits, including the effects of part-time work and other earnings on benefits, the age at which you may begin collecting, and spousal benefits.
Wednesday, 05 August 2020
presented by Doble LeBranti Financial Group
You’ve put in the hard work of saving for college, and now it’s time to start using those 529 plan assets to help with a family member’s education-related costs. But before you begin withdrawing those funds, it’s important to understand the difference between qualified and nonqualified expenses.
Saturday, 06 June 2020
presented by Doble LeBranti Financial Group
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.
Sunday, 17 May 2020
presented by Doble LeBranti Financial Group
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.
Monday, 11 May 2020
presented by Doble LeBranti Financial Group
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.
Wednesday, 29 April 2020
Stay-at-home spouse? Consider a Spousal IRA
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.
