The stock market had a brutal week, with the Dow Jones Industrial Average dropping over 1,100 points in the past two days alone. For the week the index was off over 1,400 points or approximately 5.7 percent. The S&P 500 experienced similar … [Continue reading]
Health Savings Accounts – The Other Retirement Plan
March 11, 2018 by 12 Comments
Saving for retirement is a major undertaking for most of us. Increasing healthcare costs and longer life expectancies make the hill a bit steeper to climb each year. Health savings accounts (HSA) provide another vehicle to save for … [Continue reading]
Tax Reform and Divorce
March 5, 2018 by Leave a Comment
The tax reform legislation passed in late 2017 provides the most sweeping changes in the tax code in years. While there are a number of changes that will impact many of us in various ways, the changes in the tax treatment of alimony payments could … [Continue reading]
Managing Inflation in Retirement
February 14, 2018 by 2 Comments
Inflation has seemed tame or even non-existent in recent years. The threat of inflation, along with the potential for the Federal Reserve to raise interest rates to combat it, has been at least part of the recent volatility in the stock market. Just … [Continue reading]
8 Portfolio Rebalancing Tips
February 6, 2018 by 4 Comments
A previous post here on the blog discussed 4 Benefits of Portfolio Rebalancing. This post continues on the rebalancing theme and looks at some ways to implement a rebalancing strategy. In light of the recent volatility in the stock market, its … [Continue reading]
The Super Bowl and Your Investments
February 2, 2018 by 5 Comments
It’s Super Bowl time and once again my beloved Packers are not playing for the for the seventh consecutive year. They had a horrible season with Aaron Rodgers going down with an injury and their backup quarterback just not cutting it. The good news … [Continue reading]
Required Minimum Distributions – 7 Things You Need to Know
December 6, 2017 by 9 Comments
The oldest Baby Boomers began reaching age 70 1/2, the age when required minimum distributions must be taken, a couple of years ago and this wave will continue. RMDs must be taken from IRAs, 401(k)s and other retirement accounts. With the end of … [Continue reading]
Small Business Retirement Plans – SEP-IRA vs. Solo 401(k)
November 17, 2017 by 39 Comments
One of the best tax deductions for a small business owner is funding a retirement plan. Beyond any tax deduction you are saving for your own retirement. As a fellow small business person, I know how hard you work. You deserve a comfortable … [Continue reading]
401(k) Options When Leaving Your Job
July 13, 2017 by 12 Comments
Perhaps you are retiring or perhaps you are moving on to another opportunity. Perhaps you were downsized. Whatever the reason, there are many things to do when leaving a job. Don’t neglect your 401(k) plan during this process. With a defined … [Continue reading]
Are Best Mutual Fund Lists a Good Investing Tool?
June 11, 2017 by 7 Comments
We all like to read article with lists that rank things. Top colleges, top new cars, best and worst dressed and the like are just a few lists we see periodically. Mutual rankings have been around for a while. Many top personal finance publications … [Continue reading]
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