Retirement

If you’d like to align your retirement investments with your values regarding environmental and social goals, then an important question to ask yourself is whether focusing on sustainable investments will create a drag or a boost on your investment returns. The short answer is, “It depends on a few things.” Specifically, it’s critical to compare

It may be my profession, but I am not prone to being very optimistic or highly positive on economic data releases. My colleagues have alternatively called me the “skunk at the party” or “Dr. Doom”. Yet, the latest jobs report left me speechless – in a positive way. One collaborator even remarked that “even Christian

Should be required reading: The article in the Palm Beach Post by the renowned columnist Frank Cerabino on how proposed social security fixes would impoverish over 1 million Floridians (not to mention millions of other Americans). This article should be required not just for retirees but especially for all decision makers. As Cerabino makes clear,

Introduction Grantor trusts are groovy. They have so many potential benefits that they are the cornerstone of many, maybe even most estate plans. Grantor trusts let you transaction business with your trust without triggering gain for income tax purposes. Rev. Rul. 85-13. So, you can sell your family business or rental real estate to the

The short answer is NO! This issue has been around for many years and seems to have resurfaced recently as we get closer to 2034. The definition of bankruptcy is the inability to pay outstanding debts or obligations. The key word here is inability. The Social Security program, as designed, has become antiquated and is

Many retirees nowadays are concerned about the world they’re leaving for their kids and grandkids, with a particular focus on the potential impact of climate change. And financial institutions are paying attention: The New York Times reports that according to Morningstar, there were 588 sustainable mutual funds and exchange-traded funds (ETFs) in the U.S. in

The Wall Street Journal recently pronounced that “A generation of Americans is entering old age the least prepared in decades.” The article authored by Heather Gillers, Anne Tergesen and Leslie Scism documents how a “combination of economic and demographic forces has left older Americans with bigger bills and less money to pay them… more than

We’re fast approaching the three year mark of COVID-19 shutdowns in 2020 that reverberated through the United States and global economies. According to the International Monetary Fund (IMF), median global GDP dropped by 3.9% from 2019 to 2020, making it the worst economic downturn since the Great Depression. All too well we remember that in

Cryptocurrency Donations More Complicated Donating cryptocurrency and getting a charitable contribution deduction has just gotten more complicated and costly as a result of a new IRS pronouncement. If Taxpayer A donates cryptocurrency for which a charitable contribution deduction of more than $5,000 is claimed, a qualified appraisal is required under section 170(f)(11)(C) to qualify for

Share to Facebook Share to Twitter Share to Linkedin Washington’s runaway spending is highlighting the seemingly unstoppable growth of the big entitlement programs: Social Security, Medicare and Medicaid. Moreover, the trust funds for Social Security and Medicare are headed for insolvency. These looming disasters are prompting plenty of proposals on what to do: raise eligibility