by P.J. DiNuzzo February 22, 2017 Important Tax Return Reminder Recommendation: (File your tax return as late as possible due to late arriving 1099s, BUT still deliver tax information to your tax preparer AS EARLY AS POSSIBLE so they can start tax return preparation) * Initial 1099s will be issued by Fidelity Investments, TD Ameritrade and […]
by P.J. DiNuzzo February 24, 2017 "Qualified Charitable Distribution" (QCD) With tax time upon us we would like to send out a reminder to our clients who executed a "Qualified Charitable Distribution" (QCD) from their IRA for the 2016 tax year. As a quick reminder a QCD is a distribution from your IRA directly to […]
by P.J. DiNuzzo February 28, 2017 How to Reset Your Portfolio (Regardless of What You Think of the Markets) Over the last few weeks, professional financial planners have been fielding calls from clients who are asking the kinds of questions that every professional investor hates to hear. The Dow has reached (and then fallen back […]
by P.J. DiNuzzo March 2, 2017 Protecting Your Parents Financially People reach their peak decision-making abilities sometime in their 50s, and then decline slowly until after age 70, when the decline starts to take off more dramatically. This helps explain why sweepstakes frauds, Nigerian investment schemes and other scams target seniors and retirees. What can […]
by P.J. DiNuzzo March 7, 2017 Not "If;" "When" You're starting to hear people talk about "if" there's a bear market during the Trump Administration, when the real truth is they should be talking about "when." And it won't necessarily be triggered by a poorly-worded tweet, a global-trade-stopping new tariff regime or tax and entitlement reform. […]
by P.J. DiNuzzo March 11, 2017 Depression's Silver Lining A lot of people are depressed these days: in 2015, one study showed that 6.7% of American adults suffered from a major depressive episode in the previous 12 months. Meanwhile, an estimated 12% of Americans are taking antidepressants, which suggests that the study may have underestimated […]
by P.J. DiNuzzo March 16, 2017 Greece's Return to the Headlines As you can see from the graph, the nation of Greece, once the subject of almost daily speculation about the viability of its government bonds, has pulled its economy out of a disaster into a muddle. No doubt, you got tired of hearing about […]
by P.J. DiNuzzo March 18, 2017 The Good & Bad of Millennial Finances Millennial Americans saving their money at a higher rate than their Baby Boomer counterparts at a similar age. Research from the Transamerica Center for Retirement Studies shows that nearly three-quarters of Millennials are saving for retirement at an earlier age than past generations. […]
by P.J. DiNuzzo March 30, 2017 Creative Giving Giving to a charity is easy, right? You write a check and send it off to your favorite 501(c)(3) organization, and get a full deduction for the amount on your tax return, up to 50% of your adjusted gross income. Most professionals would recommend that you put […]
by P.J. DiNuzzo April 4, 2017 The Fed's Rate Hike The U.S. Federal Reserve Board's Open Market Committee recently raised the Fed Funds rate from 0.75% to 1.00%-the second rate hike in three months. So what should you do with your investment portfolio in light of this change? Nothing. Why? First of all, the rate change […]
