Best and Worst New Year’s Resolutions
Ah, the New Year. Time to start fresh and do all the things you meant to do last year. If one of your promises is to laugh more (a good vow if ever there was one) look no further than…
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Qualified Charitable Contribution Limits – RMD or IRS?
Just a quick reminder for those of you aged 70 ½ and over who are also charitably inclined: There is no better way to gift from a tax standpoint than directly out of your Traditional IRA. Why? Money that comes…
Winter Fun on a Budget!
By now, your family has been cooped up together for a few days. People are getting whiny and so are the kids. You are broke from the gift giving and planning to put an extra $500/year into your 401(k) (see…
Ho, ho, ho! A retirement holiday gift from the IRS!
Attention retirement savers! For the second year in a row, the employee contribution limit to 401(k)s, 403(b)s, and 457 plans has been raised. In 2020 you will be able to put $19,500 into your retirement plan. The amount the employer…
8-Ingredient Meal for Busy Holiday Evenings
What, a home cooked meal that’s easy and cheap and can save your sanity during the crazy holiday season? That’s right, your trusty financial planner to the rescue. Vegans need not read further. Main dish: (courtesy of Catherine Tidd…
Home Modification Tax Credit
An important part of financial planning is anticipating how you will adapt to the impact of aging or disability. In 2008 the CDC estimated that 13.7% of all adults live with a mobility disability, defined as a serious difficulty walking…
