With June being Annuity Awareness Month, I am sharing a very interesting article written by American Equity on the Baby Boomer Retirement Expectations and Opportunities. Are you relying on Social Security as your primary income source in retirement? You might be shocked! READ ON BY CLICKING HERE Index or fixed annuities are not designed [...]
All tax payers should do an annual paycheck checkup. By checking your withholding you are being proactive in assuring you are paying enough into the IRS. It is important to do your checkup as early as possible in the year. It is also important to do a checkup when any major life events happen, such [...]
With June being Annuity Awareness Month, I felt it appropriate to share in the education. The first article is about planning for unexpected expenses in retirement, as provided by American Equity. READ HERE to learn what to expect (and unexpect) in retirement! Index or fixed annuities are not designed for short term investments and may [...]
Small business owners should keep good records. This applies to all businesses, whether they have a couple dozen employees or just a few. Whether they install software or make soft-serve. Whether they cut hair or cut lawns. Keeping good records is an important part of running a successful business. Here are some questions and answers [...]
If you are confused about why you can't deduct your mortgage interest, property taxes and charitable contributions, the IRS breaks it down in this article: https://www.irs.gov/newsroom/tax-reform-brought-significant-changes-to-itemized-deductions
IRS Tax Tip 2018-182 discusses the new child tax credit rules. Bottom line is that more people should get the full $2,000 credit per child as the income threshhold has increased to $200,000 single and $400,000 married filing jointly. There is a dependent credit of $500 per person that does not fall under the "child" [...]
Issue Number: Tax Tip 2018-185Follow these tips to protect data when shopping onlineThe IRS reminds holiday shoppers to protect their tax and financial data from identity thieves. All it takes is a few extra steps to prevent cybercriminals from stealing sensitive data, such as financial account information, Social Security numbers, and credit card information. Thieves could [...]
Rarely do investors see negative returns from their conservative bond holdings. Bonds as an asset class are producing a rare negative year due to rising interest rates. This will only be the fourth year since 1976 that the aggregate bond index has produced a negative return. This is a short-term discomfort. Investors are now getting [...]
Mark DiOrio, CFA and Chief Investment Officer of Brookstone Capital Management put together a great piece on market volatility that may shed some light on recent volatility and ease some concerns you may have. MW_Volatility Perspectives_10.29.18 Visit www.brookstonecm.com to learn more about the company and what we have to offer our clients. Investment advisory services [...]
Monthly News and Information for Current and Future Retirees Presented by CARLA MERLAK - OCTOBER 2018 [...]
