Archive for January 2020

Owning a home outright is a dream that many Americans share. Having a mortgage can be a huge burden, and paying it off may be the first item on your financial to-do list. But competing with the desire to own your home free and clear is your need to invest for retirement, your child’s college…

Legislation that passed Congress at the end of 2019 makes three significant changes to the way you can contribute to and withdraw from your IRAs. The changes in the Setting Every Community Up for Retirement Enhancement Act of 2019, or SECURE Act, make it worthwhile for everyone with IRAs to re-evaluate their retirement savings strategies.…

Medicare premiums, deductibles and coinsurance amounts change annually. Here’s a look at some of the costs that will apply in 2020 if you’re enrolled in Original Medicare Part A and Part B. Medicare Part B premiums According to the Centers for Medicare & Medicaid Services, most people with Medicare who receive Social Security benefits will…

Supporting charities that are important to you is often part of a comprehensive financial plan. The tax benefits associated with charitable giving could potentially enhance your ability to give and should be considered as part of your tax planning. As part of our financial planning process, our clients receive advice on how to best approach…