Month: March 2017

Are you or is a loved one getting tired of spending the time and energy it takes to keep up with what seems to be the constant changes in life? Coping with the changes in markets and rates of return, income tax rates and reporting, retirement plan distribution rules, health care options, etc. can be […]

An important deadline is approaching for those who turned age 70-1/2 in 2016 and elected to postpone taking their first required minimum distribution (RMD) in 2016. Those deferred, first year distributions must be taken by April 1, 2017.  Since April 1 is a Saturday this year, make sure you take your distributions on or before […]

If you made a Qualified Charitable Distribution (QCD) from your IRA to a charity be sure to let your tax preparer know about it. The IRS Form 1099-R you receive from your IRA trustee or custodian reports the full amount of any IRA distributions made as normal distributions. The form does not specify amounts distributed […]

In financial planning and investment management, process is far more important than product. There are no good rules of thumb when it comes to managing wealth. Every individual has various traits, family situations, educational and work experience and goals which, when taken as a whole, make each of us unique. There is no formula for […]