The dollar has been on a tear in recent months, strengthening against most major currencies.
A shared care policy allows you to pool your benefits. If you each have a three-year care policy, that’s six years of combined benefits.
Along with knowing your rights under the Fair Debt Collection Practices Act, you should know your debts and credit account listings.
For those of you who believe that charity begins at home, a type of gifting takes place this time of year. It’s gifting, typically to family members, using the annual gift tax exclusion.
The active investor wants to go beyond benchmarking to determine if his or her active strategy actually has paid off.
On the retirement income front, it may make more sense to spend retirement savings upfront to delay Social Security benefits until a point somewhere between full retirement age and age 70.
The question becomes, how often should you rebalance? It makes a difference where you hold the investments.
For seniors who have a defined benefit plan or pension plan, the pension payout options typically offer lump sum, single life and joint life options.
The investor policy statement should address whether you are willing to make tactical asset allocation decisions in your portfolio.
An initial 5 percent withdrawal rate from a retirement portfolio is risky; 6 percent or more is gambling.