Retiree Confidence on the Rise, EBRI Finds
In the last year, more workers said they’re “very confident” they will have a comfortable retirement. Learn more in this week’s Financial Tip.
Even with auto enrollment, your 401(k) is not set-and-forget
Don’t believe just because you were auto enrolled in your 401(k) that it is set-it-and-forget-it. Bil Lako, CFP® explains in today’s Marietta Daily Journal. Read the Article.
Big Business Write-Offs Available
The PATH Act extended bonus depreciation and made the Section 179 deduction’s higher expensing amount permanent. Read more in this week’s Business Tip.
Are You Caring for a Disabled Family Member?
If you receive Medicaid waiver payments for caring for an individual, these payments may not be taxable as income. Learn more in this week’s Insurance Tip.
Was Your Refund Too High or Did You Owe Taxes? You Probably Need to Adjust Your W-4
Outsized refund or huge tax bill? Adjusting your W-4 may help eliminate surprises next tax season. We explain in this week’s Tax Tip.
Nearing Retirement? Time to Get Focused
If retirement is near, you may want to focus on your retirement budget, sources of income and paying down debt. Learn more in this week’s Financial Tip.
Medicaid Planning May not Yield the Intended Benefits
In today’s Marietta Daily Journal, Bil Lako, CFP® explains the drawbacks to giving away assets to qualify for Medicaid. Read the Article
Sale of Interest in LLC, LLP, LP, PC
Selling a business interest can yield a gain or loss, but the tax treatment varies depending on the business entity. Learn more in this week’s Business Tip.
Does homeowners insurance cover losses that occur outside my home?
Your homeowners policy may cover your possessions that are outside of your home. We explain in this week’s Insurance Tip.
Taxable vs. Nontaxable Income: Members of the Armed Forces
For members of the U.S. Armed Forces, not all of your pay may be subject to income tax. Read more in this week’s Tax Tip.