Blog, Page 3

IRS Retirement Plan Contribution Limits

December 12th, 2017

To make it possible for voluntary retirement savings to keep up with inflation, the various numerical limits embedded within qualified retirement plans are indexed for inflation.


Wi-Fi Tips For Your Mobile Life

November 30th, 2017

Wi-Fi access is widely available, but many free connections are unsecured and leave your information travelling openly! Make your Wi-Fi experience more secure with the following tips.


10 Financial Scams and How to Avoid Them

November 30th, 2017

Financial fraud and theft is dangerous business and puts your finances at risk. Following are 10 scams to be aware of and what you can do to protect your personal information and your money.


Smart Device Safety

October 30th, 2017

Your device may be smart, but may not always be secure. Many devices are vulnerable and malicious cyber criminals can take advantage. Make your smart devices more secure.


A Suboptimal IRA Beneficiary

September 11th, 2017

Charles Sukenik executed his will on November 4, 2004. His estate was to be divided between his surviving spouse, Vivian, and the couple’s private foundation. His revocable trust was restated at the same time, giving Vivian certain real property and the balance to the foundation. Roughly five years later, in 2009, Charles designated Vivian as the beneficiary of his IRA, worth some $3.2 million. That hardly seems like a controversial move—but it turned out to be.


Where’s Dad’s Password List?

June 19th, 2017

One important new aspect of estate planning concerns “digital assets,” a form of property that only recently has come into existence. Simply stated, digital assets are electronic ones and zeros; that is, information inscribed on a tangible medium or stored in an electronic or other medium and which is retrievable in perceivable form.


Emotional Investing

May 11th, 2017

We like to think that since the advent of modern portfolio management practices, investing in stocks and bonds has become a cerebral, analytical process with no room for emotion. The truth is that most investors, even institutional investors, are buffeted by emotional turbulence from time to time, and that truth is reflected in the volatility of the financial markets.


More Trouble for Long-Term-Care Insurers

April 11th, 2017

More than 400,000 long-term-care insurance policies were sold in 1992, according to figures published by The Wall Street Journal. These are the policies that help seniors cover the costs of nursing home stays at the end of life. At least 400,000 additional policies were purchased each year in the subsequent ten years, peaking at about 750,000 in 2002.


Retirement Tax Trap

March 01st, 2017

What impact will changing residency have on my taxes?


New Perspectives on Revocable Living Trusts

February 12th, 2017

One of the most useful and flexible wealth management tools is the revocable living trust. Traditionally, we like to point to three basic benefits that these trusts offer.