Tax Filing Season Begins Jan. 29, Tax Returns Due April 17 The IRS will begin accepting tax returns on Jan. 29, 2018 with nearly 155 million individual tax returns expected to be filed in 2018. The nation’s tax deadline will…
The beginning of the New Year brings increases to the contribution limits for 401k, 403b, and 457 plans. You can now contribute up to $18,500. This is an increase of $500 from 2017. Additionally, if you are over the age…
Well, I did it. I finished my Christmas shopping and I didn’t order a single thing from Amazon. Some 20 years ago, we all used to head to the mall, walk around and shop around for good deals. The internet,…
URGENT call to action by 12/31 – new tax bill expands 529s As you may know, the U.S. Congress passed a tax reform bill that was signed into law by the President yesterday. Included in the law is a provision…
When an IRA needs to be split in a divorce it's best to use a trustee-to-trustee transfer between the spouses IRA and former-spouses IRA. IRAs are split in accordance with the divorce decree so make sure the decree specifies the…
Student loan debt. Three words that strike fear into new graduates and parents everywhere. There are ways, however, to make the repayment of student loans more manageable. You may be surprised to learn that Income Driven Repayment Plans (IDR Plans)…
Your first required distribution from an IRA or retirement plan is for the year you reach age 70½. However, you have some flexibility as to when you actually have to take this first-year distribution. You can take it during the…
Schwab has streamlined the process of gaining web access to your accounts on Schwab Alliance without compromising online security. When you enroll for web access you can now choose to verify your identity via a phone call or text message…
The Dow Jones Industrial Average posted a gain of 4.9% during this past quarter. It was the eighth consecutive quarter with a gain. This is the first time this has happened in 20 years. During this eight quarter period, the…
There is a good chance if you have a credit report that you are among the over 100 million American consumers whose social security numbers, birth dates, driver's license numbers and addresses were compromised during the data breach at Equifax,…
