Articles

Protecting Your Facebook Data

Over 50 million Facebook users had their data wrongfully obtained and used by Cambridge Analytica, a strategic communications and data mining firm that worked for President Trump’s 2016 campaign, 

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  • Why a Credit Freeze is Better Than a Credit Block

    The credit bureaus are pushing consumers to lock their credit instead of freeze it, but there are reasons to be wary.

    Consumers worried about identity theft after the Equifax data breach are being encouraged by all three credit bureaus to use a credit lock rather than a credit freeze. 

    Before It's Too Late

    As a financial advisor, I am sometimes one of the first to know when a client starts to experience mild cognitive impairment.

    What Dow 20,000 Means

    Not much. For the media it means headlines and talking points. For traders and speculators, it may be an excuse to make some trade based on expected short-term outcomes. For investors, it means nothing except for its potential to distract you from what really matters.

    Calculating Your RMD in 5 Easy Steps

    What is an RMD (required minimum distribution)?
    An RMD is the minimum amount that must be withdrawn from a retirement account each year.

    Avoiding Spousal Beneficiary Mistakes in 5 Easy Steps

    Who is A Spousal Beneficiary?

    A spousal beneficiary must be married to the account owner at the time of the account owner’s death and he or she must be named on the beneficiary form (or inherit directly through the document default provisions). A spousal beneficiary has a number of unique options.

    Avoiding the 10% Penalty in 5 Easy Steps

    What is the 10% penalty?

    Using a Tax Refund to Fund an IRA in 5 Easy Steps

    What does the basic process entail?

    An income tax refund can be directly deposited to an IRA up to the annual contribution limit. The contribution limit is $5,500 ($6,500 for individuals age 50 or older) for 2017. It can also be split among multiple accounts.

    It is tax time! Prepare your tax return for the year.

    Determining Tax on Roth Distribution in 5 Easy Steps

    What are the ordering rules?

    Recharacterizing a Roth Conversion in 5 Easy Steps

    What is a Roth IRA recharacterization?

    In the simplest of terms, a Roth IRA recharacterization is an “undo.” It erases a Roth IRA conversion, and the conversion is treated as if it never occurred.

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