Caring for an Aging Parent Checklist
Caring for an aging parent is more than making sure they don’t fall. Use our checklist covering seven key areas in this week’s Insurance Tip.
Taking Advantage of Back-door Roth IRAs
High-income earners can still fund a Roth IRA because there are no income limits for traditional IRA conversions. We explain in this week’s Tax Tip.
IRA and Retirement Plan Limits for 2017
For 2017, income limits increased for determining traditional IRA deductible contributions and Roth IRA eligibility. We explain in this week’s Financial Tip.
Investment Planning Throughout Retirement
Senior Associate Jarrett McKenzie, CFP®,CWS®, and Principal Jennifer Thomas, CFP®, delve into a case study of a couple who are taking more money than they need out of their retirement accounts because of required minimum distributions. The planners discuss ways to minimize the RMDs and how to reinvest the assets.
Market Roundup: Markets Respond to Trump Win
Stocks kicked off the week on a positive note ahead of the presidential election. Their climb continued on Tuesday ahead of election results. Crude oil prices slipped slightly after the Energy Information Administration boosted its forecasts for U.S. oil production. West Texas Intermediate crude dropped 0.07% to settle at $45.44 a barrel. Stocks ramped up Wednesday in post-election momentum, as Donald Trump won the presidential election. Financial and health care brands led the way up. In other releases, Energy Information Administration figures showed domestic crude oil supplies rose by 2.4 million barrels in the week ended November 4. Indices closed with mixed moves on Thursday, as the Dow and S&P 500 added points while the NASDAQ ended in red territory. Financial stocks posted gains, while Technology brands led the NASDAQ lower. Looking elsewhere, initial jobless claims decreased last week. Department of Labor data showed new claims fell by 11,000 to 254,000. Indices closed out the week mixed on Friday. The Dow and NASDAQ stepped up while the S&P 500 shed some points. Energy brands led decliners while Technology stocks rebounded from Thursday’s downswing. In a preliminary measure, the University of Michigan’s Consumer Sentiment index ticked up to 91.6 in early November, from 87.2 in October.
Investing with a Fixed-Income Focus
In today’s Marietta Daily Journal: When dipping into principal, take from the portion that is protected from market fluctuations. Read the Article
Quickbooks: Can't Keep Up with Bills?
There are more pleasant accounting tasks than paying bills, but QuickBooks Online organizes and simplifies this critical chore. We explain in this special QuickBooks Tip.
Is it possible to name a charity as the beneficiary of my life insurance policy?
If you’re charitably inclined, you can use life insurance to benefit your favorite non-profit. Read all about it in this week’s Insurance Tip.
Hobbies and Income Tax
Make a few bucks on the side doing what you love? The tax treatment of hobbies is quite different than a business. We explain in this week’s Tax Tip.
Pretax, Roth or After-Tax Contributions: Which Should You Choose?
Saving for retirement is key, but should you save pretax or after-tax dollars? We explain in this week’s Financial Tip.