Gifting vs. Inheritance: Which Is Better?
If you know that you want to leave behind money or assets for your family members, is it better to give a gift while you are still living or an inheritance after death?
Filing Your Taxes Soon? The CARES Act Will Likely Impact Your 2020 Tax Return. Here’s How.
The CARES Act provided economic benefits in direct response to COVID-19. Read on to learn the ways you can access these benefits for the 2020 tax year.
Inauguration Day Is Coming: What Financial Challenges Could High Earners Face From the Biden Administration?
After a tumultuous 2020 election season, inauguration day is almost here. If you are a high-earner, here are 6 challenges that could arise during the Biden administration.
6 Steps to Determine Your Target Retirement Date
As you turn over your calendar to 2021, you are probably thinking about your future, perhaps including retirement. If you are wondering how to go about setting a target retirement date, here are six steps to consider.
The CARES Act Makes Charitable Giving Particularly Attractive in 2020
The CARES Act allows non-itemizers to deduct up to $300 in charitable gifts against their 2020 income. For itemizers, it raises the charitable giving limit from 60% of income to 100%. Give now to your favorite charities.
As Biden Secures the Presidency, What Could That Mean For Your Future Estate Taxes?
Joseph R. Biden, Jr.'s win in the 2020 presidential election could have a profound impact on your estate and gift tax obligations moving forward.
Beware of Mutual Fund Distributions
Russell Investments predicts that “2020 could be a record year for taxable distributions tied to capital gains.” Here’s how you can prepare for the tax hit this year, and make plans to reduce or eliminate it in the future.
5 Tips For Choosing a Health Insurance Plan
Open enrollment for major medical health insurance plans begins November 1, 2020 and ends December 15, 2020. Here are 5 tips to help you select the right plan for you.
Medicare Open Enrollment Begins Oct. 15th. Here is an Overview of Your Options.
Are you ready for Medicare's open enrollment? Here is a brief explanation of the changes you can make to your health coverage during this time.
8 FAFSA Must-Knows
College is extremely expensive. Everyone attending college should fill out the FAFSA form as early as possible according to the experts. Forms for the 2021-2022 academic year become available on October 1. Put it on your calendar!