6 Reasons Why Financial Planning Isn’t Just for the Wealthy

There's an unfortunate divide when it comes to financial planning. The lower your income, the less likely you are to have a financial plan. But it doesn't have to be that way. A 2016 Financial Engines report found that only 37 percent of American workers...

How to figure out elder care for your aging parent

For T.J. Mancuso, 40, of Apex, N.C., the health of his parents took center stage five years ago when a medical condition left his father unable to qualify for long-term care insurance. Seeing his mother deal with the challenges of being a full-time...

Say hello to the No. 1 threat to your $11 million inheritance

Attorneys, accountants point to family conflict as the biggest threat to estate planning. Tax reform and market volatility follow, respectively. Even with the estate tax exemption at $11.2 million per person, business owners and wealthy families need to...

Make sure this key ingredient is part of your retirement

While improving behavior will help at any age, it won't make up for years of unhealthy actions that have led to chronic conditions from diabetes to heart disease. It's important to give your mental and physical health the same dedication and resources as...

Here’s how the new federal tax law may impact you

Whether you are a business owner or just filing personal income taxes, be aware of the changes brought about by the Tax Cuts and Jobs Act. Gone are the days of doing multiple Roth conversions in a single year. For those charitably inclined, it might make...

Social Security Benefits: Don’t Forget The Kids

Who thinks of children when talking about Social Security? It may not be a common word association, but perhaps it should be. The Social Security Administration (SSA) reported that, in 2017, it distributed $2.6 billion dollars each month to benefit 4.2...

A Must-Read For Moms: 5 Financial Tips

Written by Judith Ward, Contributor at Forbes.com Women face a number of gender-specific risks when it comes to money. According to U.S. Census Bureau research, women earn roughly 80 cents on the dollar compared with men. In addition to the disparity in...

Provision Care Foundation

Friends, None of us have escaped a relative, friend, neighbor, or even a personal bout with cancer.  It is no respecter of persons...rich and poor alike are struck.  It is for those who have limited or no means of dealing with not only the treatment but...

When to Take Your RMD (Required Minimum Distribution)

A common question we get every year is, “When should I take my RMD?”  Those of you who will be 70 ½ this year will need to take your first “RMD”.  You may have been taking distributions before now, but the requirement now is a percentage (based on your...

At Granddaddy’s on Sick Days

During the recent days when school was out due to the widespread illness, my grandsons stayed with us on a Thursday and Friday As you may recall, it was very cold outside, but they insisted on being outside on both days. They rode their bicycles and had a...

Tell Your Beneficiaries About Your Accounts and Policies

Let them know how they will receive retirement assets and insurance benefits. Will your heirs receive a fair share of your wealth? Will your invested assets go where you want them to when you die? If you have a proper will or estate plan in place, you will...

Is a SEP IRA Plan Right For You?

Do you work for yourself? Is your business too small for a 401(k) plan? If so, you should really consider establishing a SEP IRA plan – for yourself and for your employees. SEP stands for Simplified Employee Pension, and simplicity is a key feature of...

Why You Should Have an Online Social Security Account

In monitoring your Social Security profile, you may help to thwart fraud. Could your personal information soon be stolen? The possibility cannot be dismissed. Sensitive financial and medical data pertaining to your life may not be as safe as you think, and...

Keeping This Correction in Perspective

After 20 months of relative calm, this volatility needs to be taken in stride. Are you upset by what is happening on Wall Street? It may help to see this pullback within a big-picture context. Corrections have become so rare as of late that when one...

Getting Your Financial Paperwork in Good Order

Help make things easier for your loved ones when you leave this world. Who wants to leave this world with their financial affairs in good order? We all do, right? None of us wants to leave a collection of financial mysteries for our spouse or our children...

Money Habits That May Help You Become Wealthier

Financially speaking, what do some households do right? Why do some households tread water financially while others make progress? Does it come down to habits?   Sometimes the difference starts there. A household that prioritizes paying itself first may...

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