The Justice Department recently announced the largest sweep of elder fraud cases in history. How can you, or a senior family member, avoid becoming a victim of fraud? WHAT ARE THE MOST COMMON EXAMPLES OF ELDER FRAUD? Mass Mailings Telemarketing Investment-related WHO ARE THE BAD GUYS? Global crime organizations A relative A fiduciary…
Details
Tax season is in full bloom as we count down the days to the income tax filing deadline which is Tuesday, April 17. What are the most common filing errors? What if you’ve already made a mistake? WHAT ARE THE MOST COMMON TAX RETURN ERRORS? • Incorrect Social Security numbers: You, spouse, children. •…
Details
Paul Fain of Asset Planning Corporation will be the keynote speaker at the Financial Planning Association’s Annual Retreat (https://fparetreat.org/) to be held April 23-26 at The Wigwam in Litchfield Park, Arizona. With his talk billed as “A Pioneer, A Profession, A Practice and A Planner,” Paul plans to share the highs and the lows, the…
Details
One of the most common financial planning goals is retirement. “When can I retire?”, “How much can I spend in retirement?”, etc. It is easy to forget that the entire concept of “retirement” is a modern invention, created by industrialization. Before the 20th century, the average person simply did what they did until the end…
Details
In March, many employers, banks, and organizations promoted “America Saves Week.” The message was simple: Making an effort to save is vital to your financial health. Whether it is putting change in a piggy bank or contributing to a 401k plan at work it can mean big money down the road. WHY IS IT…
Details
Get your family involved with your saving plan by brainstorming ways to cut expenses in order to free up money to put toward your saving goals. Explore low- and no-cost activities you can do together as a family. Consider selling rarely used books, toys, clothes and other items in a garage sale or other marketplace.…
Details
By Tammy Bruzon, America Saves Communications Coordinator What does “saving the extra” mean to you? Whether it is putting change in a piggy bank or moving everything not in the budget into savings, those three little words can mean big money down the road. This America Saves Week, try one (or all) of these…
Details
By Heather Marshall, CFPC, MPP; Educator, AAA Fair Credit Foundation/Utah Saves As the old adage goes “Actions speak louder than words.” On the topic in question, it is fair to say spending is an action that implies values. Which explains why the nature of finances can be so personal, and challenge us to ask…
Details
By Jacquelyn Pica We all want to save more money. The question is, how? With so much new technology out there, it’s easy to feel overwhelmed. Plus, maybe you don’t feel comfortable sharing personal bank details with tons of different websites and apps. Forget the latest tech — these seven methods will…
Details
By Invite Education The recent tax bill expands 529 savings plans to include expenses for elementary and secondary education. And, the annual gift tax exclusion has increased. This is big news for education savers – no matter how much you are saving! Congress wanted to make it easier to save for education. Traditionally,…
Details