Make Charitable Donations Directly from your IRA
For taxpayers who are 70 ½ and older, you can take the Standard Deduction when you file your taxes and still benefit from your charitable giving.
How to Protect yourself against Phone Call and Email Scams
The #1 financial scam against seniors is the Social Security scam. One of the latest scams is a phone call that your social security number is being suspended due to suspicious activity. Help protect yourself against this with these tips.
Market Rebounds from January Sell-Off
The market began on a high note on the first trading day of the year with the Dow closing at an all-time high of 28,868 on January 2nd.
Coronavirus Puts Markets on Edge
The recent outbreak of the coronavirus in China has put global markets on edge. On Monday, January 27th the Dow dropped over 450 points due to concerns about the spread of the virus after media reporting all weekend.
The Stretch IRA is Dead
The SECURE Act, effective January 1, 2020, has ended the Stretch IRA for most adult non-spouse beneficiaries.
The Dow Closes Above 28,000
On Friday, November 15th the Dow closed above 28,000 for the very first time. This is the breakout we have been waiting for.