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New Year a Good Time for New Approach

We frequently resolve to reinvent ourselves in the new year — exercise more, eat healthier, read more or save more. This concept of reinvention carries over to several aspects of the financial world as well, both personally and in businesses. At a certain age,...

Top Tax Issues for 2016

As 2015 comes to an end, take some time to look over these changes, issues, and other concerns you may have this tax season. 1. Supreme Court ruling on ACA Millions of people will now continue to have access to affordable health care in the states which did not...

Don’t Forget Your Required Minimum Distributions!

Here’s a gentle reminder to be sure your required minimum distributions (RMDs) are executed before the end of the calendar year. WHAT IS A RMD? RMDs apply to qualified plan accounts that receive a tax deduction for contributions and tax deferral on income within the...

Tax Loss Harvesting Tips

Tax Loss Harvesting Tips Even though taxes may not be due until April, now is the time to decide if you should do any tax loss harvesting. Although tax loss harvesting cannot restore losses, it can lessen them. In short, you can sell Security A at a loss to offset the...

Spotlight on Hidden Firm Fees, Merrill Lynch Edition

This is part of our ongoing series in which we review “kick backs” that companies receive and the hidden fees the consumers are left to pay. A few weeks ago we discussed the Edward Jones’ Revenue Sharing Dislcosure, which you can read HERE. This week...