I love everything about tennis – playing it, working on my swing, improving my strategy on the court, and the exercise that comes with it.  It is an ongoing challenge of mine to improve in all ways possible.  I love watching tennis as much as I enjoy playing it, especially now during the Wimbledon championship….

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If you’re searching for a financial advisor, you’ll want to make sure they act as a fiduciary, too.   So, what is a fiduciary and why is it important? In simple terms, a fiduciary is merely someone who acts in your best interest.   A financial advisor acts in a fiduciary capacity when they put their clients…

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Having just survived another tax season, many tax filers will be on the hunt for any write-off or deduction that may help reduce their future tax liability. In the spirit of making lemonade out of lemons, many have used losses on capital assets to ease the tax burden. In that regard, I’m often asked if…

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Good news – Junior is heading off to college!  Bad news – college costs are higher than ever. Fortunately, there are great ways to save for college such as 529 plans and Roth IRAs.  529 plans provide tax free growth when the funds are used for qualified education costs.  Many states offer a state tax…

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If you are approaching retirement you have, no doubt, heard of RMDs.   Failure to understand how the IRS recognizes and treats RMDs can result in penalties to the tune of 50%.   Most of us haven’t spent all of our working years saving and investing just to pay a penalty to the IRS to access our…

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The Bi-partisan Budget Act of 2015, which passed through Congress at breakneck speed included groundbreaking Social Security reform measures. More specifically, the budget act eliminated the file-and-suspend and the restricted application strategies, two key strategies couples used to coordinate retirement and spousal benefits to maximize Social Security income. The 1939 Amendments introduced spousal benefits and…

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