Make sure you give them a look as you prepare your 1040.
Every year, taxpayers leave money on the table. They don’t mean to, but as a result of oversight, they miss some great chances for federal income tax deductions. 1,172 more words
Mutual funds have been one alternative for many investors seeking professional money management. But when you buy shares of a mutual fund, your assets are pooled with those of other fund shareholders. 1,513 more words
As we all are mortal and ageing, there is a certain point in our life where we have to leave our careers and work life. But before you retire, financial security is much needed and it takes proper planning and hard commitment to execute this properly. 307 more words
Less Protection for Inherited IRAs
They are no longer exempt from creditors & bankruptcy proceedings.
A SCOTUS ruling raises eyebrows. On June 12, 2014, the Supreme Court ruled 9-0 that assets held within inherited IRAs by non-spousal beneficiaries do not legally constitute “retirement funds.” Therefore, those assets are not protected from creditors under federal bankruptcy statutes.1,2… 1,084 more words
Bearish Thoughts Persist in a Bull Market
Are memories of the downturn hurting the financial potential of boomers?
At the end of October, the S&P 500 was up 24.39% in the past 12 months. 1,122 more words