When a company is acquired or goes public, behind the boss ringing the bell on Wall Street there are employees smiling because of stock options. If used correctly (and with a little luck) they can be a life-changing event, but the associated taxes are very easy to get very wrong.
Let us examine two key issues: the right time to take Social Security and the impact of a pension on benefits.
The Affordable Care Act has its footprints on our income taxes for the first time this year. Now the government wants to know that you had health insurance coverage in place for all of last year.
Your current TV isn’t up to snuff, so you find a good buy on a new 55” model. While paying for it, you get an offer that’s hard to believe. You can purchase your new HDTV without paying for it today. The store is offering a no money down, no interest, and no payments plan.
Financial Independence gives you the confidence to make decisions to maximize your opportunities and quality of life rather than driven by fear of losing a steady paycheck.
There were many reasons to celebrate in the financial world in 2014 and a few to scowl. From the well-publicized to the esoteric, here are some that stood out over the last year.
In previous years we’ve talked about strategies to improve your finances at the end of the year. Now we’ll take a different tack and focus on year-end ways you can shoot yourself in the financial foot.
While stocks this year have been moderately positive, your individual fund selections have probably not moved in synch with the headline market indices.
With stocks setting new records, it’s an odd time to talk about how to prosper in flat markets.
It is tough to talk about your demise and what would happen with your “estate,”, but is all of this careful estate planning enough?