The Coverage a Personal Umbrella Policy Provides
““Money Talks” hosts Bil Lako, CFP® and Jennifer Thomas, CFP® talk with insurance expert Brian Borngesser about the protection a Personal Umbrella Policy provides.
Deposit and Money Market Insurance Coverages
Between the bailouts and various financial legislation, many investors have wondered how much of their deposits are covered by FDIC insurance. For more information on the standard FDIC limits, coverages specific to the type of account, and the new programs developed by the FDIC, read this Financial Tip.
Benefits of Budgeting
You can be in control of your money instead of letting it control you. This is one of the many benefits to having a budget. For more information on how a budget can help you organize, communicate and save time when dealing with your money, read this C.P.A. Insight.
Good News from Retail Sales, the Future of State Pension Plans and Opinions on Deflation
Dr. Gene, Ted Parrish, CFA and Bil Lako, CFP® discuss what drove the market during the week of July 5th and what may lie ahead for state pension plans.
Why We Choose to be Overweight in Industrials and Information Technology
Dr. Gene and Ted discuss the sectors they look to for growth.
Explaining Unemployment, Underemployment and Household Surveys
The "Money Talks" hosts explain the significance behind unemployment and underemployment rates.
Social Security: Your Earnings and Benefit Estimate Statement
About three months before your birthday, taxpayers should receive their "Earnings and Benefits Estimate Statement" from the Social Security Administration. This annual report will give you an idea of how much you may receive in Social Security when you retire. For a description of the information you will find on this statement, read this Financial Strategy.
Cost Segregation
If you own a residential rental or commercial building, you may be eligible for substantial tax breaks for depreciating your property through a cost segregation analysis. For more information on how different types of buildings are depreciated and what items may qualify for accelerated depreciation methods, read this C.P.A. Insight.
The “New Normal” is Really Just the “Old Normal”
Ted Parrish, CFA, and Senior Research Analyst Troy Harmon explain how the “New Normal” is really the old, pre-housing bubble normal and how the negative market commentators have ignored positive earnings news.
Important Changes to Education Savings Accounts (ESAs)
Beginning in 2011, Education Savings Account contributions will be capped at $500 per year per child, and expenses for primary education will not be considered qualified expenses. For more changes to these accounts and recommendations on what you can do with funds in an ESA, read this Financial Strategy.