Economic Aid for Millennials: Stimulus Checks, Student Loan Relief and More
savings

Economic Aid for Millennials: Stimulus Checks, Student Loan Relief and More

The coronavirus pandemic is killing our economy, and millennials are being hit particularly hard.
May 6, 2020
10 Questions Retirees Often Get Wrong About Taxes in Retirement
retirement

10 Questions Retirees Often Get Wrong About Taxes in Retirement

You worked hard to build your retirement nest egg. But do you know how to minimize taxes on your savings?
May 1, 2020
5 Retirement Lessons Learned From the Great Recession
recession

5 Retirement Lessons Learned From the Great Recession

The Great Recession of 2007-09 turned retirement dreams into nightmares.
April 17, 2020
5 Ways This Recession Hits Retirees Particularly Hard
Making Your Money Last

5 Ways This Recession Hits Retirees Particularly Hard

April 15, 2020
6 Money-Smart Ways to Spend Your Stimulus Check
spending

6 Money-Smart Ways to Spend Your Stimulus Check

The $2 trillion stimulus package agreed upon by lawmakers and the White House will, among other things, provide a direct payment of $1,200 to millions…
April 15, 2020
16 Retirement Mistakes You Will Regret Forever
retirement

16 Retirement Mistakes You Will Regret Forever

From saving too little to claiming Social Security too early, there are plenty of ways retirees -- and those planning for retirement -- can sabotage t…
April 10, 2020
Why Retirees Should Care about the CARES Act: How to Maximize Coronavirus Stimulus Package
Making Your Money Last

Why Retirees Should Care about the CARES Act: How to Maximize Coronavirus Stimulus Package

The government's $2 trillion stimulus bill has something for pretty much everyone. Here's how retirees are affected and some steps to consider to make…
April 8, 2020
How Much Can You Contribute to a Traditional IRA for 2019?
IRAs

How Much Can You Contribute to a Traditional IRA for 2019?

The IRA contribution limit is $6,000 for 2019. If you are age 50 or over, you can contribute an extra $1,000 as a catch-up contribution.
April 4, 2020
Claim These Tax Deductions Even If You Don’t Itemize
Tax Breaks

Claim These Tax Deductions Even If You Don’t Itemize

One of the biggest changes the 2017 tax reform law brought was a near doubling of the standard deduction.
April 2, 2020
Retirees, Pick the Perfect Financial Planner
Financial Planning

Retirees, Pick the Perfect Financial Planner

When you’re trying to get a handle on your money, from investments and savings to figuring out retirement and preparing for your future, you might nee…
April 1, 2020
11 Ways the CARES Act and Other Government Measures Could Help You in 2020
unemployment

11 Ways the CARES Act and Other Government Measures Could Help You in 2020

Hopefully, the CARES Act and other coronavirus stimulus measures will get the U.S. economy back on track. Some of the changes made could improve your …
March 31, 2020
A CPA's Guide to the New Later Tax-Filing Deadline
IRAs

A CPA's Guide to the New Later Tax-Filing Deadline

Wondering how the July 15, 2020, extended tax-filing deadline affects you and how to make the most of it? Check out this FAQ with CPA Riley Adams.
March 30, 2020
A Hidden Benefit of the Coronavirus Stimulus Bill: You Can Wait to Take Your RMD
required minimum distributions (RMDs)

A Hidden Benefit of the Coronavirus Stimulus Bill: You Can Wait to Take Your RMD

Legislation is expected to waive required minimum distributions from retirement savings accounts for 2020.
March 30, 2020
11 Coronavirus Stimulus Measures That Could Help You in 2020
taxes

11 Coronavirus Stimulus Measures That Could Help You in 2020

The coronavirus (COVID-19) outbreak is crushing the U.S.
March 26, 2020
SECURE Act Basics: What Everyone Should Know
Making Your Money Last

SECURE Act Basics: What Everyone Should Know

The rules on retirement have recently been rewritten. Here are the biggest changes and how they could affect you.
March 24, 2020
Cure Your IRA Tax Infestation with a Roth
retirement

Cure Your IRA Tax Infestation with a Roth

Nasty taxes are hiding in 401(k)s, 403(b)s and traditional IRAs. To help eradicate that problem, Roth accounts could give you the flexibility you'll n…
March 13, 2020
Watch Out for a New Tax Bomb, Courtesy of the SECURE Act
retirement

Watch Out for a New Tax Bomb, Courtesy of the SECURE Act

Don't let the death of the "stretch IRA" diminish your legacy. Here are three strategies to consider to keep the inheritance you plan on passing down …
March 10, 2020
A Penalty-Free Route To Tap an IRA
retirement

A Penalty-Free Route To Tap an IRA

The SEPP strategy lets IRA owners avoid the early-withdrawal penalty by taking equal payments for at least five years or until the owner turns 59½.
March 6, 2020
The Elimination of the Stretch IRA: 7 Strategies to Consider
retirement

The Elimination of the Stretch IRA: 7 Strategies to Consider

Some, like Roth IRA conversions, will be familiar possibilities. Others, including spray trusts and strategic disclaiming of spousal IRAs, might be ne…
March 5, 2020
Alternate Strategies for Stretch IRA
retirement

Alternate Strategies for Stretch IRA

There are still moves that IRA owners can make to help ease the transfer of their legacy to their chosen beneficiaries and save some money from the ta…
March 3, 2020
10 Ways the SECURE Act Will Impact Your Retirement Savings
retirement

10 Ways the SECURE Act Will Impact Your Retirement Savings

The new law changes the start date for RMDs, lets you contribute to an IRA longer, expands the use of 401(k) plans and much more.
February 28, 2020
SECURE Act: What to Do Now to Help Limit Heirs' Taxes Later
retirement

SECURE Act: What to Do Now to Help Limit Heirs' Taxes Later

The new retirement law significantly impacts beneficiaries of retirement accounts and trusts. To limit the tax ramifications, consider your options.
February 27, 2020
IRA Rollovers: What's in a Name? A LOT!
retirement

IRA Rollovers: What's in a Name? A LOT!

Do you understand the difference between a 60-day rollover and a trustee-to-trustee transfer? If you don't, you could be slapped with a hefty tax bill…
February 25, 2020
How Much Can You Contribute to a SEP IRA for 2020?
IRAs

How Much Can You Contribute to a SEP IRA for 2020?

The maximum SEP IRA contribution is higher for 2020 than it was for 2019.
February 24, 2020
How Much Can You Contribute to a SIMPLE IRA for 2020?
simple IRA

How Much Can You Contribute to a SIMPLE IRA for 2020?

The maximum amount workers at small businesses can contribute to a SIMPLE IRA for 2020 is $500 higher than it was for 2019.
February 24, 2020
How Much Can You Contribute to a Traditional IRA for 2020?
IRAs

How Much Can You Contribute to a Traditional IRA for 2020?

The contribution limit for traditional IRAs holds steady for 2020.
February 24, 2020