Protecting your Social Security payout
To handle payments for a disabled senior, it's not enough to put powers of attorney, medical directives or guardianship arrangements in place.
To handle payments for a disabled senior, it's not enough to put powers of attorney, medical directives or guardianship arrangements in place.
Markets this month were unable to build upon January’s momentum following speculation that the central bank will continue with interest rate hikes. In other contexts, a string of positive economic data, including reports on jobs and retail sales, would provide a tailwind for equities. In these inflationary times, however, the specter of the Federal Reserve’s […]
Not only can an extra dollar of income push you into the next highest tax bracket (thankfully, with a progressive tax system, only those excess dollars will be subject to the higher incremental tax), but that dollar can mean you’re paying more taxes in other ways. Let’s take a look at two of them.
Life involves risk. That’s why risk management is a crucial part of a long-term financial plan.
Many couples don’t agree on when, where or how they’re going to spend their golden years. When Fidelity Investments asked couples how much they need to have saved to maintain their current lifestyle in retirement, 52% said they didn’t know. Over half the survey respondents – 51% – disagreed on the amount needed to retire, […]
The special tax rules that govern these accounts allows you to pare down your taxable estate, potentially minimizing future federal gift and estate taxes.