When You Can Negotiate Your Taxes

Owing back taxes can be more stressful than owing debt on a revolving credit line such as a credit card. An option for relief is available with taxes that you may not be able to get with other types of debt. The name for this type of relief is Offer in Compromise and it mayContinue Reading

What Are Your Options When You Inherit an IRA or Other Qualified Account?

Doing some research today I found a great chart produced by the IRS which highlights your options when a spouse or non-spouse inherits an IRA or other qualified Account. As you could imagine the decision you make could cost you and your family tens of thousands in an unneeded taxes. Two Examples of RMDs GoneContinue Reading

Why Do Non-Professional People Freely Give Stock Tips?

There is this young guy in my office; he is nice enough but one of those huge talkers.  I have a feeling when I read this post back in a couple years it’ll be hard for me to remember his name because I don’t believe he’ll be here in a couple of years.  Notwithstanding, heContinue Reading

Annuity Payments: What Do They Mean to Me?

Determining whether an annuity is right for you isn’t easy, especially when it’s not the simplest subject to research and understand. Before choosing to invest in an annuity, you must first learn about what an annuity is, the different kinds of annuities, and what they mean for your future. While it takes a lot moreContinue Reading

Four Things You’ll Wish You Learned in College

It’s often said that college is one of the best experiences you’ll ever have, but people often ignore the aftermath: student loan and credit card debt. Rather than telling you to abstain from all the fun, yet pricy activities that college has to offer, the following points focus more on how to minimize the financialContinue Reading

Are You Miscalculating How Much You Need in Retirement? What is Life Expectancy

I have said it before that I am not a huge fan of the 4% safe withdrawal rate discussion.  It doesn’t make a whole lot of sense to me.  What you are allowed to take out means nothing if you need the funds, but I digress to today’s point – there is another part of retirementContinue Reading