March 2019

July 2018

Social Security Benefits You Need to Know

2018-07-23T12:58:31+00:00By |Categories: Estate Planning, Taxes|

Section 6: Social Security Benefits You Need to Know According to a study from the Center on Budget and Policy Priorities, without Social Security income, the estimated poverty rate among seniors would be expected to spike above 40%.1 With Social Security income, however, the senior poverty rate is less than 9%.2 For such an important [...]

May 2018

Qualified Charitable Distributions

2018-05-17T08:25:42+00:00By |Categories: Advanced Planning, Probability of Success, Taxes|

If you are over the age of 70 ½, the government requires you to take annual distributions (withdrawals) from your retirement account—a provision known as the required minimum distribution (RMD). Up to a certain amount, these distributions may be made tax-free as long as they are directed to a qualified 501(c)(3) organization, an option [...]

April 2018

The Tax Cuts and Jobs Act

2018-04-23T14:25:53+00:00By |Categories: Probability of Success, Taxes|

The Tax Cuts and Jobs Act: The Challenges, Changes and Historic Legislation That Could Impact Your Tax Bill (SECTION 1) When President Trump signed the Tax Cuts and Jobs Act into law on Dec. 22, 2017, it signified the end of a challenging process of compromise, negotiation and reconciliation between the competing [...]