Archive | Finances

Donate Stock to Lower Your Tax Burden

With U.S. equity valuations near historically high levels, now might be an opportune time to donate stock and take advantage of the tax benefits of donating long-term appreciated stock to a qualified charity. Directly donating a winning stock you’ve held for at least one year provides greater tax benefits than writing a check to your […]

Continue Reading 0

Save Money on Summer Vacation

  When setting your family budget, often the first thing that gets slashed is the summer vacation. However, if you plan ahead, you can find simple ways to save and keep your vacation on the calendar. Here are a few ideas. Flexible location. Sometimes you just want to get away to recharge and the location […]

Continue Reading 0

Tips for Working Beyond Retirement Age

Many people choose to work into their retirement years. If this is something you’re considering, here are some tips to make sure you get the greatest benefit from your efforts. 1) Consider delaying Social Security. You can start receiving Social Security retirement benefits as early as age 62, but if you continue to work, it […]

Continue Reading 0

Create an Emergency Records Binder

With weather-related disasters making the news these days, emergency preparedness may be front of mind. You probably have tools to cope with a flat tire, or a hurricane lantern or candles for times when the electricity to your home is interrupted. But have you considered what records you might need if your wallet was stolen? […]

Continue Reading 0

Do You Need a Safe Deposit Box?

Though you may have thought bank safe deposit boxes no longer existed, these secure containers are still around, and can be useful for storing difficult to replace items, such as deeds, contracts, and your home inventory. Should you have one? Here’s what to consider. Peace of mind. Knowing that key original documents are in a […]

Continue Reading 0

The Taxing Side Of Divorce

Getting divorced? Amid all the upheaval, taxes are not likely to be foremost on your mind. Yet overlooking the tax consequences can be costly. Here are some of the basics. Your filing status will change. No matter if you get your final divorce decree or separate maintenance on January 1, December 31, or any date […]

Continue Reading 0

Teach Your Kids to Use Credit Cards Responsibly

No doubt you have shared the adage “if it sounds too good to be true, it probably is” with your children. That caution is wise, especially when teaching your kids how to use credit cards responsibly, because misuse of credit can have a long-term impact on financial health. The main lesson you want to impart: […]

Continue Reading 0