If you’re thinking about starting a college education fund to help pay for a child’s, grandchild’s, or somebody else’s college education you have quite a few options to choose from. However, two of the most…
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Avoiding the “RMD Tax Bomb”
Rule-of-Thumb Regarding Pre-Tax and Roth Retirement Accounts The common rule-of-thumb regarding pre-tax retirement accounts (Traditional IRA & 401k) and Roth retirement accounts is if you are in a higher tax bracket today than you will…
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Equifax Security Breach
Last Thursday Equifax, one of the three major credit reporting agencies in the United States, announced that due to a security breach, roughly 143 million American’s sensitive information had been stolen. The sensitive information that…
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How Depreciation Works on a Rental Property
The ability to depreciate a rental property is one of the many attractive benefits of owning rental real estate. The depreciation deduction reduces the rental income subject to taxation which increases the after-tax rate of…
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Shore Up Your Retirement by Working 1 Year Longer
It’s no secret that tons of people are nearing the age at which they’d like to retire and simply can’t do it. When they run retirement projections themselves or with a financial planner the numbers…
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How Old Is This Bull?
As of March this year we have approached 8 years in the current bull market. In other words, since March 9, 2009 we haven’t seen any stretch of period where the S&P 500 has declined…
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Why is my Portfolio Underperforming the S&P 500?
Regardless of who you are, benchmarking your portfolio to the S&P 500 is something we all love to do. Whether you’re a novice investor, hedge fund manager, or financial advisor we all find ourselves comparing our…
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NFL Power Rankings & Stock Market Forecasts
One of my favorite things to do before the beginning of the NFL season is read the Power Rankings published by some of the big sports media outlets, namely NFL.com and ESPN.com. Power Rankings are…
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How Will Your Taxes Be Affected by Trump’s Proposals?
One of the many promises President-Elect Trump made throughout his campaign was to simplify the current tax code. This has been on the Republican’s agenda for quite a while and now with a Republican President and…
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Are You Actually Getting A Tax Deduction For Your Charitable Contribution?
Tax season is just around the corner and during this time of year the chatter on how to reduce your tax bill picks up quite a bit. Giving to charities is a popular way to…
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