When a loved one passes away, there is often an overwhelming list of things to do and inheriting assets may become a stressful experience. Here are some important steps to take if you inherit an IRA or simply want to make sure your loved ones aren’t hit with a tax surprise. Continue reading
Tweet Last year, employees got a break, a 2% bump in their take home pay, thanks to the payroll tax holiday enacted by President Obama to try to boost the economy in 2011- 2012. The employees’ share of Social Security … Continue reading
Tweet Imagine I told you about a special savings account that you could contribute to with money automatically deducted from your paycheck every pay period. Sounds like a great way to save, right? Now imagine that this account earns no … Continue reading
Young people can take several steps to start their financial life on the right foot. Continue reading
Tweet If you’re like many Americans, you may be worried that an ability of the politicians in Washington to cut a deal could lead us over the so-called “fiscal cliff,” in which the Bush tax cuts would expire for everyone. … Continue reading
Tweet Ten thousand dollars is a lot of money but certainly not enough to make you independently wealthy. I remember watching the California lottery television show when I lived in Sacramento. The lottery ticket scratcher winners were chosen randomly to … Continue reading
Tweet I’ve been doing a lot of workshops and webcasts on investing recently, and with so much market volatility, and the less than spectacular Facebook IPO, participants have been asking me for my personal opinion on how to invest. One … Continue reading
Tweet Permanent life insurance has a whole host of benefits, especially for taxpayers in a high tax bracket, but does it make sense when you don’t have dependents? We got this question from one of our Facebook fans (yes- you … Continue reading
Tweet Figuring out how to pay for your child’s college education can be overwhelming. The cost for one year of school at a public university is over $17,000 and is nearly $40,000 at a private school – and that doesn’t … Continue reading
