Planning Your Financial Future
The calendar may say it’s Spring, but it’s still cold out. Don’t break out those shorts and flip-flops just yet. Take care of yourselves, physically and financially!
Inflation or Deflation: Watching for Warning Signs
There’s been much debate in investing circles over the last year about whether inflation or deflation represents a more likely threat to the future of the U.S. economy.
Don’t Be Nickeled-and-Dimed by Account Fees
It’s hard to find attractive interest rates on deposit accounts, but it’s relatively easy to save on account fees if you’re willing to do your homework.
Estate Tax Exemption Is Portable (for Now)
Recent legislation introduced a new, but perhaps temporary, estate planning concept–exemption “portability.” In short, the estate of a deceased spouse can transfer to the surviving spouse any portion of the federal estate tax exemption that it does not use.
Can I make charitable contributions from my IRA?
Taxpayers age 70½ or older can exclude from income up to $100,000 of otherwise taxable distributions paid directly from an IRA to a qualified charity
Can I name a charity as beneficiary of my IRA?
You can name a charity as beneficiary of your IRA, but be sure to understand the advantages and disadvantages.
IRS regulations require that I advise you that, unless otherwise specifically noted, any federal tax advice in this communication (including any attachments, enclosures, or other accompanying materials) was not intended or written to be used, and it cannot be used, by any taxpayer for the purposes of avoiding penalties; furthermore, this communication was not intended or written to support the promotion or marketing of any of the transactions or matters it addresses.