Key Birthdays
Key Birthdays Do you know someone celebrating any of these milestones? Certain milestones present special tax and investment questions to consider. Questions? Please do not hesitate to contact us. Download here Key Birthdays
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Social Security
On January 31, 1940, Ida May Fuller of Ludlow, Vermont, was the first person to receive a Social Security check. That historic payment amounted to $22.54. Before retiring in November 1939, she served as a legal secretary and contributed to Social Security for about 2½ years. Total taxes paid: $24.75. Before passing away in 1975, she had…
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Social Security – Switching Benefits
Under Social Security rules, if a person receiving a benefit becomes entitled to a different benefit, that person may switch to the new benefit if it’s higher. This switching is one of the most important ways people can maximize their benefits, but they don’t always know how or when or even if they can do…
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Spring 2025- Key Planning & Investment Deadlines
Use this reference to look ahead throughout the year to track important deadlines and actions you must take for your finances and health care. Questions? Please do not hesitate to contact us. Spring Key Planning & Investment Deadlines
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5 Tax Gotchas in Retirement
If you are reaching your distribution phase, your high-balance retirement accounts can create some burdensome tax situations, particularly when it comes to legacy planning. Attached are five potential pitfalls you should be aware of. Questions? Please do not hesitate to contact us. Download here 5 Tax Gotchas in Retirement
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Financial Fitness
What is financial fitness? Briefly, financial fitness describes your overall financial well-being, akin to how physical fitness pertains to your physical health. Notwithstanding the different fields of study, financial fitness, much like physical fitness, can yield benefits that endure well into the future. Let’s dig a little deeper and better define financial fitness. Financial fitness…
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Creating a Financially Organized Life
Here’s how to get a jump-start on creating a system to organize your bills, statements, policies, and other financial paperwork. Creating a Financially Organized Life
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2025 Key Numbers
Are you familiar with how our federal tax code originated? In 1909, progressives in Congress attached a provision for an income tax to a tariff bill. Conservatives, hoping to thwart the idea, proposed passing the bill as they believed 75% of the states would not ratify the constitutional amendment, according to the National Archives. To their…
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