Topics
Topic:
Financial Literacy & Fundamentals
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Should I convert IRA money to a Roth?
Should I convert IRA money to a Roth is a complex question. Before 2017 tax law allowed recharacterization (being able to undo a Roth conversion). After 2017, tax law changed and you can no longer undo a conversion. So, before converting an IRA to a Roth, think through your full portfolio and goals. Converting an…
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How to Keep Your Personal Information Secure and Avoid Fraud and Identity Theft
I received an email from a client stating that he was tied up in a meeting and needed “help” urgently. Instantly I thought this was odd for several reasons: You may feel obligated to help, but I would rather get yelled at for not doing anything than send a client’s money to Nigeria. The email…
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10 Easily Fixable But Often Overlooked Financial Planning Items
It’s easy to let important financial tasks slip your mind, so take a minute to check this list for any to-do items you may have forgotten. It could make a big difference in your bottom line. We go through our daily activities and oftentimes neglect to revisit financial aspects that can earn us some extra…
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Do You Give Money To Charity Or Plan To In The Future? You Should Know What A DAF Is.
If you are looking to make charitable giving a part of your personal planning, understanding the role a DAF can play is a helpful place to start. A DONOR-ADVISED FUND, or DAF, is a giving account established at a public charity. It allows donors to make a charitable contribution, receive an immediate tax deduction, and then recommend…
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Should I Buy or Lease a Car?
It comes down to what type of owner you are. Do you like to hold onto your car for years or switch it out frequently? Do you drive a lot of miles? Do you dislike paying for comprehensive insurance? How you answer could help steer your decision.
