A Retirement Fact Sheet

A Retirement Fact Sheet Some specifics about the “second act.” Does your vision of retirement align with the facts? Here are some noteworthy financial and lifestyle facts about life after 50 that might surprise you. Up to 85% of a retiree’s Social Security income can be taxed. Some retirees are taken aback when they discover

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Why Do You Need a Will?

Why Do You Need a Will? It may not sound enticing, but creating a will puts power in your hands. According to the global analytics firm Gallup, only about 44% of Americans have created a will. This finding may not surprise you. After all, no one wants to be reminded of their mortality or dwell

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Weekly Economic Update 12/10/2018

Weekly Economic Update 12/10/2018 In this week’s recap: the pace of job creation slows, the factory & service sectors expand, OPEC signs off on an output cut, and Wall Street copes with turbulence. HIRING PACE SLOWS In November, U.S. employers added a net 155,000 hires to their payrolls. That compares with a (revised) gain of

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Tax Scams & Schemes

Tax Scams & Schemes The “dirty dozen” favored by criminals & cheats. Year after year, criminals try to scam certain taxpayers. Year after year, certain taxpayers resort to schemes in an effort to put one over on the Internal Revenue Service (I.R.S.). These cons occur year-round, not just during tax season. In response to their

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Weekly Economic Update 12/3/2018

Weekly Economic Update 12/3/2018 In this week’s recap: stocks soar, the USMCA is signed, households spend more, and two housing market indicators fall short. COMMENTS FROM JEROME POWELL INSPIRE A RALLY Wall Street liked what it heard from Federal Reserve chairman Jerome Powell last week. While speaking Wednesday to an audience in New York, Powell

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Tax Considerations for Retirees

Tax Considerations for Retirees Are you aware of them? The federal government offers some major tax breaks for older Americans. Some of these perks deserve more publicity than they receive.        If you are 65 or older, your standard deduction is $1,300 larger. Make that $1,600 if you are unmarried. Thanks to the passage of

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