The 2021 Estate Tax Exemption
The 2021 Estate Tax Exemption Every year the federal government decides how much of your estate isn't subject to taxes when you die. This year, thanks to inflation, the 2021 estate [...]
Gifting Earlier May Make Sense
Gifting Earlier Might Make Sense Many families provide financial gifts to children and grandchildren when they die, but gifting earlier might make sense. Making financial gifts during your lifetime often significantly [...]
Selling Your Business to Fund Retirement
Selling Your Business To Fund Retirement Selling your business to fund retirement shouldn't be your only retirement plan. Owning a business is the American dream come true. It brings well-deserved feelings [...]
Managing Debt Before Retirement
Managing Debt Before Retirement Managing debt before retirement is crucial. Carrying consumer debt in retirement can quickly reduce your monthly cash flow, or mean is you have to withdraw from retirement [...]
One Simple Word
One Simple Word If you have a fixed annuity, you get a fixed rate of return. If you add one simple word, "indexed", you create a fixed indexed annuity. In other [...]
The Social Security Tax Trap
The Social Security Tax Trap Retirees face multiple income traps. Many will see a portion of their Social Security income make its way onto the taxable income line of their 1040s. [...]
Is Your HSA Working For You?
Is Your HSA Working For You? If you have a Health Savings Account (HSA) option, the benefits are worth the investment. The tax benefits magnify the advantage of investing in, say, [...]
The New Funny Money
The New Funny Money Cryptocurrency and bitcoin are the new funny money. Specifically, it's a form of digital payment exchanged online. Many companies issue their own currencies (tokens) which are only [...]
Life Insurance Payout Considerations
Life Insurance Payout Considerations There are several life insurance payout considerations. It’s important to understand those options so that you choose the right one for your situation. Do you want a [...]
Long-Term Healthcare Crisis in America
lL Long-Term Heathcare Crisis in America Here’s the odd thing: people are living a long time; average life expectancy is nearly 80 years in the US. I [...]
