Since
the passage of the Affordable Care Act (ACA) in 2010, health insurance has
become a four-letter word. There is an unending search to find the best
coverage with the most benefits at the best price. It’s hard to wade through
the swamp of legitimate plans and protect yourself from the quickly morphing
supply...
Last week, Morningstar published a report on the use of 529 accounts for college savings. It found that only 16% of families with young children are using 529 plans. While this number is not necessarily shocking, it is unfortunate that families are leaving money on the table. Morningstar’s report,...
Estate planning. It’s not one of
the most pleasant topics because you have to admit your own mortality. But, for
people who want to take care of their loved ones, estate planning is essential.
Without a plan, distribution of your estate will be determined by a court or a
bureaucrat—probably not the way...
“I
can’t wait to get on Medicare!” I’m hearing that more often from people
approaching 65 years old. Since the passage of the Affordable Care Act (ACA) in
2010 health insurance has become anything but affordable. I know people paying
more for their health insurance than they pay for their mortgage. On top...
Morningstar
Last week, Morningstar named the best 529 college savings plans for 2018. College savings plans are without a doubt the best vehicle to save for education. These plans allow investors to skip federal taxes on investment growth to pay for college and its associated costs. For many investors, that means...
Father
Time has closed the book on 2018. We’ve sung Auld Lang Syne. And now our focus
is on all the things that have to be done this year, which includes filing your
income tax return for 2018 using the new tax rules. Oh Joy!
Staying
in the good graces of the IRS has...
You’ve heard the old adage that what you don’t know won’t hurt you. Well, in the investing world that is 100% pure Bovine Scatology! You may be the owner of a portfolio constructed on a foundation of ooey-gooey pizza.
Before joining the Registered Investment Advisor side of the financial industry,...