Things that might go right. Once things can’t get worse they get better. Now comes the crypto hangover.
[Read more…] about 3 interesting things I saw this week – June 23, 2022Planning
3 interesting things I saw this week – March 18, 2021
The stimulus plan and you. Another example of why it’s better to be lucky than good. Inflation is good for borrowers.
[Read more…] about 3 interesting things I saw this week – March 18, 20213 interesting things I saw this week – January 8, 2021
The world’s unluckiest investor still does something right. Global trends. Advice for keeping those resolutions.
[Read more…] about 3 interesting things I saw this week – January 8, 2021Do I need life insurance after I retire from Virginia Tech?
In a conversation recently I got the following question; “Do I need life insurance after I retire from Virginia Tech?” Now, this question is not specific to just Virginia Tech employees. Anyone who is within 10 years of retirement should be thinking about this.
My response, as is often the case, was “It depends”.
[Read more…] about Do I need life insurance after I retire from Virginia Tech?3 interesting things I saw this week – August 22, 2020
Small business recovery grants now available. Why so many people are unhappy in retirement. The stock market just had it’s best 100 day rally ever. No one is throwing a Zoom party.
[Read more…] about 3 interesting things I saw this week – August 22, 2020
Optimal retirement plans for the self-employed and side businesses
From time to time when working with self-employed clients or those that have a side business, I find that the retirement plans they are using aren’t optimal. Sometimes they’ve outgrown the plan they started with. In other cases they didn’t know a better option existed. Whatever the situation, if you’re self-employed or do some freelance work and it’s been a while since you reviewed the options, you might find a better fit for your needs.
[Read more…] about Optimal retirement plans for the self-employed and side businesses3 interesting things I saw this week
To stay current with all that’s happening in the financial world and beyond, I do quite a bit of reading. Here are a few items I came across this past week I thought were worth sharing.
[Read more…] about 3 interesting things I saw this weekTax Efficient Donations Under the New Tax Law
Did you spend a couple hours this past tax season digging up receipts only to find that you didn’t have enough deductions to itemize? You weren’t alone. Because of the near doubling of the standard deduction as a result of the Tax Cut and Jobs Act (TCJA), the number of households itemizing deductions went from 47 million in 2017 down to an estimated 18 million for 2018. (Source: Joint Committee on Taxation)
It remains to be seen what impact this may have on charitable contributions. Charities are concerned the loss of tax efficient donations may reduce their 2019 fundraising as many people come to realize they did not get a tax benefit for their generosity.
Are you in a position where you’re no longer able to deduct your donations? There may still be a way you can give to your favorite charities and be rewarded by the IRS.
[Read more…] about Tax Efficient Donations Under the New Tax Law