Category

Tax

What Now?

What Now?

By | 2020, Bond Markets, coronavirus, Equity Markets, Financial Planning, Fixed Income Markets, Interest Rates, Investing Lessons, Investment Returns, Investor Panic, Market Corrections, Market Volatility, Patience, Retiree, Retirement, Retirement Income, Retirement Planning, Retirement Savings, Returns, Risk, Stock Markets, Tax | No Comments

2020 began with the promise of continued strong economic and financial performance and a hint of uncertainty surrounding the November Presidential election.  The nation’s unemployment rate was near sixty-year lows, and labor force participation rates were near sixty-year highs.  The longest bull market in U.S. history was still running, despite concerns by some investors and analysts that it was getting…

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2017 Tax Cuts and Jobs Act

How Does the 2017 Tax Cuts and Jobs Act Affect Your Financial Plan?

By | Financial Planning, Retirement Planning, Tax, Tax Cuts | No Comments

The 2017 Tax Cuts and Jobs Act is growing in popularity according to recent polls.  Presumably, the increase in popularity is the result of millions of taxpayers seeing an increase in their February paychecks.  Fatter wallets and bank accounts are not the only changes resulting from the tax reform.  Let us look at some of the other changes that might…

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We now know by how much Social Security benefits and Medicare Part B premiums will increase in 2018.

2018 Adjustments to Social Security and Medicare Announced.

By | Financial Planning, Medicare, Social Security, Tax | No Comments

While we continue to wait for Congress to act on tax reform, two pieces of next year’s financial planning puzzle have recently been revealed for retirees.  In October, the Social Security Administration announced that 61 million Americans will receive a 2.0% increase in their monthly Social Security benefits beginning in January of 2018.  The 2 percent increase in monthly income…

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