New Medicare Taxes in 2013
New Medicare Taxes in 2013
As part of the Health Care Reform Act of 2009, there are a few tax increases that some families/individuals will incur. For people married filing joint, the additional taxes will apply to the extent that … Continue reading
Fidelity.com Login Tip for Viewing Other Accounts
Basically, the Fidelity login is specific to your social security number, so only the accounts with your SSN will show up under your login. So if your spouse has an account that doesn’t have you as a joint owner, the account … Continue reading
State of GA Retirement Income Exclusion
Up until 2010, taxpayers under 62 could exclude up to $35,000 of retirement income from their taxable income. Retirement income is defined as income that you would earn from capital gains, pensions, annuities, etc. It’s income you earn … Continue reading
Social Security Key Points
Maximizing Social Security Retirement Benefits
What is one of the greatest fears of today’s retirees? Running out of money in retirement. Social Security retirement benefits provide income payments for life that are guaranteed to increase over time (at least … Continue reading
DFA Funds
If you made a list of the smartest people alive in finance today, somewhere near the top, you would surely place Eugene Fama the “Father of modern finance” as a favorite to win a Nobel Prize one day. Other favorites … Continue reading
529 Plans
What is a 529 Plan?
Qualified Tuition Programs (known more commonly as 529 College Savings Plans or “529”) became the college savings vehicle in 2006 when Congress gave them permanent tax-free status for qualified distributions for higher-education expenses. IRS Publication … Continue reading
Estate Planning
What key points should I know when planning my estate?
If you’ve ever considered estate planning, now is the time to take care of it. So many people wait until it’s too late, leaving their family to deal with the process, … Continue reading
Roth Conversions
Roth IRAs for High-income Families
Roth IRAs are probably one of the most powerful financial planning tools available. One of the main benefits is that it enables after-tax dollars to grow tax free and it allows distributions to be tax … Continue reading
How To Freeze Your Credit
Identity theft is a problem each of us may have to encounter at some point, but there are some economical options when it comes to protecting your identity and credit. Many companies offer solutions, such as continuous data monitoring … Continue reading
