Planning for the “Sandwich” Generation
Even under the best of circumstances, planning your financial life can be complicated. Pursuing a career, raising a family, saving for college, and providing for your own retirement all take…
Stocks
The terms "stock" and "share of stock" refer to ownership of a business corporation. When a corporation is first founded, investors provide the capital (money) to get the business going.…
Tax on Net Investment Income
A 3.8% tax on "Net Investment Income" applies to certain individual taxpayers, estates, and trusts. This tax is in addition to any other federal income tax, including the Alternative Minimum…
Paying for Long-Term Care
Long-term care (LTC) is the term used to describe a variety of services in the areas of health, personal care, and social needs for individuals who are chronically disabled, ill,…
Capital Gains and Losses
The Internal Revenue Code has long distinguished between income paid due to a person's individual effort and income received from the profitable sale of assets known as "capital" assets. So…
Accumulating a Million Dollars
3 factors on how long it takes to accumulate a million dollars. Annual rate of return graph.
COVID-19 – The Coronavirus Aid, Relief, and Economic Security (CARES) Act
The single largest piece of legislation ever passed in the U.S. was signed into law by President Donald Trump on March 27, 2020. Learn more about the Coronavirus Aid, Relief,…
What is SIPC?
You've seen the acronym "SIPC" but do you know what the Securities Investor Protection Corporation (SIPC) is, what SIPC Coverage does for you, or how SIPC Insurance works? Read below…
5 Tax-Smart Planning Ideas for 2021
After a chaotic 2020 and a year ripe with unpredictability, 2021 offers new hope as we move beyond the pandemic and return to life as we once knew it. In…
Planning for Ups and Downs
Market volatility has the potential to erode your net worth. You can take steps now to help insulate your wealth against future market fluctuations. Market volatility stirs the emotions.…