Questions continue to arrive in my email about required minimum distributions (RMDs) from retirement accounts, and with good reason, considering the amount of change (and confusion) for RMD-related re... more
Recent announcements by the Social Security Administration (SSA) raise concerns about getting through to the SSA when you need to. The issue is the adoption of more strict procedures to protect your i... more
It's not unusual for parents to help their adult children, even if it means making a financial sacrifice. A 2024 Financial Independence Survey by Bankrate, a consumer financial services company, repor... more
April 15 is not just the deadline for the 2024 tax-year filing; it's also the deadline for more than a million people to submit their tax returns for unclaimed refunds totaling more than $1 billion fo... more
If you are a director, officer or friend of a nonprofit, what are the best ways to go about raising money for the organization? Donations can come from different sources.... more
It is nearing the end of February, and you'd like to file your tax return, but you're missing a few forms you need to do your taxes. What should you do?... more
It's time to do some estate planning research together. A great place to start is the American College of Trust and Estate Counsel (ACTEC), which is an "organization of trust and estate lawyers and la... more
If you inherited an IRA within the last few years, you've been dealing with dramatically new beneficiary rules adopted under SECURE Acts 1.0 and 2.0.... more
My regular readers know that I think of everyone I meet as a "retiree" or a "future retiree," no matter their age. And yes, in case you're wondering, I don't exclude 5- and 10-year-olds from the futur... more
As people adjust to artificial intelligence (AI) becoming more prevalent in their lives, there comes with it a concern: Can AI be used as a weapon to commit fraud?... more
The IRS recently announced that its Free File Guided Tax Software will be available for taxpayers beginning Jan. 10, ahead of the official opening of tax filing season later in January. Available serv... more
Preparing for the new year, I came across an interesting twist on resolutions: "65 Achievable New Year's Resolutions You'll Actually Keep," a great article on the Good Housekeeping website (tinyurl.co... more