Family Home Loan Interest May Not Be Deductible
If you borrow money from family for a home with an undocumented loan, you can’t deduct the interest. We explain in this week’s Tax Tip.
How Does Divorce Affect Social Security Retirement Benefits?
If you were counting on your spouse’s Social Security benefits to provide some of your retirement income, what happens now that you’re divorced? We explain in this Financial Tip.
Would You Trust A Robot With Your Money?
Our experts explore a case study of a do-it-your-self investor who is approaching retirement and is considering switching to a robo-advisor to manage his money.
Market Roundup: Markets Sharp Decline Driven by Overseas Events
The “Money Talks” hosts cover the week’s market moves Industrial production, the producer price index and the Fed’s Beige Book, which covered activity from mid-February through March, showed modest-to-moderate growth in most districts, while labor continued to improve or remained stable. On Wednesday, industrial production dipped 0.6 percent in March. On Thursday, turbulent trading led to an afternoon downsizing. Stocks traded lower on Friday, following market sell-offs in Europe and Asia. Meanwhile, consumer confidence is up this month. The University of Michigan’s consumer sentiment index jumped to 95.9 in the first half of April, from a reading of 93 in March. A sharp decline propelled by events overseas on Friday left U.S. stocks lower for the week.
In the News: Your Financial Future After Divorce
When going through divorce, it’s important to understand that asset division decisions you make today can meaningfully affect your future. We explain in today’s Marietta Daily Journal. Read the Article
Employee Benefits for Special Circumstances
Business owners may want to consider benefit programs that go beyond the standard retirement and insurance benefits. Read more in this week’s Business Tip.
Loaning Your Adult Children Money
Loaning money to your adult children? Both your finances and your relationship with your child may be at risk. We offer guidance in this week’s Financial Tip.
Will I have to pay a penalty tax if I don’t have qualifying health insurance?
Everyone must have qualifying health insurance coverage, qualify for an exemption or pay a penalty tax. We explain in this Insurance Tip.
Tax Filing Deadline Rapidly Approaching
It’s not just your taxes that are due tomorrow. It’s the last day to claim a refund for 2011. Read more in this week’s Tax Tip.
Financial Future after Divorce
We focus on a case study of a divorcing couple that are defaulting to a 50/50 split of assets based on their current value. While it may be a 50/50 split today, it may not be an equitable division of assets in the near future.