March 22, 2017 Kiddie Tax
The IRS’s kiddie tax rules limit parents’ ability to transfer investment assets to a minor child in order to take advantage of the child’s lower marginal tax bracket.Read more
March 22, 2017 Who Moved My Wealth?
We are in the midst of a significant intergenerational transfer of wealth, as trillions of dollars are being passed from aging parents to their baby-boomer children. But there is a second, significant movement of money that no one is talking about. That wealth won’t go to the heirs but rather to the health care system—specifically, caregivers, assisted living facilities, and nursing homes.Read more
Jan. 24, 2017 Buying Insurance: What Savvy Customers Should Know
You're ready to buy an insurance policy, but you feel a bit uneasy embarking into the insurance world. After all, the language can be technical, and you're wary of insurance agents throwing sales pitches at you. Whether you're buying an auto policy, a homeowners policy, a life insurance policy, or some other type of policy, here are some general tips to help you tread the insurance waters.Read more
Jan. 24, 2017 Test Your Knowledge of Financial Basics
How well do you understand personal finance? The following brief quiz can help you gauge your knowledge of a few basics. In the answer section, you'll find details to help you learn more.
41% of American households do not have enough money in a liquid savings vehicle to cover a $2,000 expense.Read more
Dec. 23, 2016 4 Tips for Safe Shopping This Holiday Season
Scammers don’t take off for the holidays. In fact, at a time when most of us use our credit cards even more, identity thieves work harder than ever. It’s easier for them to catch us off guard by offering incredible deals; playing on the scarcity of must-have, sold-out items; and blending in with legitimate retailers.Read more
Nov. 28, 2016 Year-End Financial Planning Checklist
As 2016 draws to a close, it’s time to begin organizing your finances for the New Year. To help you get started, we’ve put together a list of key planning topics to consider.Read more