Bond Market Rebellion
While all eyes are focused on the rising stock market, the bond market is staging a quiet rebellion. Interest rates are rising inexorably, despite pronouncements from Fed Chairman Powell that there is...
View ArticleNew Stimulus Bill Details
The new stimulus bill, The American Rescue Act, contains sweeping provisions that will impact the personal finances of millions of Americans. Here are some of the key provisions: Stimulus Payments...
View ArticleIRS/Treasury Update on EIP#3 and Tax Deduction for $10,200
The Treasury Department and IRS held a media call on Monday afternoon, updating information on tax issues related to the American Rescue Act, including the 3rd stimulus payment of $1400 and the tax...
View ArticleStocks for the Long Run!
As the stock market makes new highs and headlines, the pundits continue to debate which stocks will outperform. And how high could the stock market go? Or will a bear market wipe out all recent gains?...
View ArticleA Brief HIstory of Taxes
The Internal Revenue Service has postponed the deadline for filing income taxes for 2020 to May 17, 2021, giving Americans a chance to avoid this unpopular topic for an extra month. Most states that...
View ArticleCredit Score can Improve
Have you checked your credit score lately? It might have improved during the pandemic, and there are steps you can take to help that process along. In fact, many people are at a critical moment when...
View ArticleCollege Tuition, Student Loans & Taxes
When it comes to college and money, everyone is focused on getting money for college this year or wondering whether the new administration will forgive some student loans of the past. But with the tax...
View ArticleDon’t Cash that Check!
The Federal government is in the process of sending out nearly $300 billion in stimulus payments of $1400 each to qualifying recipients. And soon they will start sending $250 per month — per child — to...
View ArticleCaregiving Costs Add Up
The pandemic has revealed some uncomfortable truths about aging. Social realities have a new perspective. And financial costs are suddenly more apparent – both to those growing older and those who...
View ArticleWhere’s Inflation?
The latest economic numbers reflect strong growth, but no headline inflation. The Fed can’t find enough inflation to worry about. The gold market, which traditionally rises as a hedge against...
View ArticleTaxing Matters
Did Bill and Melinda Gates decide to get divorced now because of potential changes in the tax law? That’s the speculation in the wealth management community, where many advisers are discussing proposed...
View ArticleChild Tax Credit – The Facts
More money is on the way to millions of American families with children. Here is the basic information you should know about it. The Child Tax credit is not new this year. It was introduced in 1998 to...
View ArticleStudent Loan Forgiveness for Public Service
The issue of student loans is bubbling away on the back burners of Congress. Forbearance authorized by the Cares Act is scheduled to end on September 30th, at which point borrowers will have to start...
View ArticleWhen Forbearance Ends
The extended period of mortgage forbearance is scheduled to end on June 30th. If you’ve been helped by this program, you should be preparing for what comes next. And you need to be proactive to make a...
View ArticleBitcoin Basics
Have you heard of Bitcoin? Probably, you’ve at least seen new headlines about the soaring price of this cryptocurrency. Don’t feel left out because you aren’t already on the crypto bandwagon. More than...
View ArticleIRS Update: Refunds, Stimulus, Child Credit
The IRS has been the busiest agency of government for the past 18 months. To say the agency is multi-tasking is an understatement. They’ve just about finished sending out refunds on 2019 tax refunds on...
View ArticleTarget Date Fund Warning
Are you one of the millions of Americans who have invested some of their 401(k) plan money in target date funds? If so, perhaps you should take a closer look at what is inside the fund. That’s the...
View ArticleSocial Security Timing
Once upon a time – our parents’ time –Social Security was automatic: You reached age 65 and started collecting your monthly check. Today, dealing with Social Security involves making important...
View ArticleStock Market Surprise?
A sneaky market decline set the stage for a volatile week. But those looking behind the headline new highs posted in recent weeks aren’t surprised. I write this as the market has opened down 700+...
View ArticleMoney Education Needed (And YOU can help!)
The pandemic scrambled the personal finances of many people. But that’s not the only reason Americans are tangled in a web of financial insecurity. Tim Ranzetta, co-founder with Jessica Endlich, of...
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