Social security benefits include monthly retirement, survivor, and disability benefits. If you received Social security benefits in 2016, you should receive a Form SSA-1099, Social Security Benefit Statement, showing the amount. Note: Supplemental Security Income (SSI) payments are not taxable. If Social Security was your only source of income in 2016 your benefits might not be […]
Are your Social Security Benefits Taxable? Read More »
When people think of tax reduction strategies, life insurance is not often at the top of their list. It is true that term life insurance does not provide any immediate tax benefits, but permanent life insurance is an entirely different story. There are numerous ways to use a permanent life policy to lower your taxes.
Reduce Your Tax Liability with Permanent Life Insurance Read More »
The youngest of the Baby Boomers are celebrating their 50th birthdays this year and many are realizing that they have very little (if anything) set aside for retirement. Social Security is likely to still be there in 15-20 years, but in order for the system to remain solvent, it will require continual tweaking in the
It’s Never Too Late: Retirement Planning after 50 Read More »
Countless Americans die each year without a deliberate estate plan and when that happens, their family members wake up to the reality that they have very little control over the distribution of their loved one’s assets. Many people believe that they are too young, not wealthy enough, too busy, or a combination of these to
What Will Your Financial Legacy Be? Read More »
Retirement planning may not be something you think about when you’re first starting your career. Truly, how many college graduates that land their first jobs understand the importance of contributing to a 401K right out of the gate? They may not understand the importance, but hopefully have someone in their lives that will help them
Three Steps To Take Now To Plan For Retirement Read More »
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