Retirement

Those properly licensed people who help us manage wealth may not be fully informed about financial elder abuse. In exploring what their organizations do in this area, we have observed little training or inadequate training. ThinkAdvisor reports on a case involving a “court fight over a recently deceased grandmother’s $5 million IRA”, which, it states,

The tax-free quality of money in a 529 tuition savings plan can be continued, even after the education spending need has passed, thanks to a provision in the SECURE Act 2.0. But the rules aren’t simple or straight forward. The hurdles in the law mean the rollover isn’t available to many who would like to

With the dawn of another election year, even a cursory glance at the headlines serves as a reminder of how volatile and divisive U.S. politics have become. Add to that a string of global crises and conflicts, and the desire to somehow escape from the chaos becomes easily understandable. As the founder of Live And

In Christianity alone, it is estimated that there are thousands—yes, thousands—of different denominations around the world. Each denomination has its own interpretation of Scripture and its optimal application. If you’ve ever been part of this world, you likely know many denominational devotees would, indeed, “die on that hill” for various individual tenets of the faith.

If you expect fabulous returns to continue, you’re likely to be disappointed. Look closely at the data and you’ll see why. By William Baldwin, Senior Contributor Emerging market stocks will beat U.S. stocks. Junk bonds will beat high-grade bonds. Inflation will be 2.5%. Prognostications from the market seers. Big financial institutions put out what they

Gift tax returns could be the most misunderstood, neglected, and overlooked part of estate planning. There are many people who know estate planning quite well but draw blanks when issues about gift tax returns are raised. The gift tax return is IRS Form 709. You can download it free from www.irs.gov. The first mistake people

I know; you’re probably ready to come at me with a million reasons why my assertion in the title is emphatically untrue. But retirement planning is not the complicated problem that you imagine. No, no, retirement planning is complex. What does that even mean? And why does it matter? We have to be careful about

What’s the most you can receive from Social Security? The answer is…it depends on your age, your work history, your marital status, and your retirement decisions. Let’s start with answering the immediate questions about the maximum Social Security benefits payable in 2024, then we’ll explore how you can maximize your Social Security benefits. What Is

Valentines Day brings up the subject of romance and finding a partner for those who are alone. Many turn to social media, dating apps, and any online resource they can find. Clever scammers know that there are endless opportunities for them to find and fleece naive older adults. Those who are most trusting of others

The Social Security retirement program will be unable to pay full promised benefits in about 10 years. To address this, two highly-respected experts would slash tax subsidies for private retirement savings and use the money to shore up the public system. Andrew Biggs, a former deputy administrator of the Social Security Administration and Alicia Munnell,