Family

The Internal Revenue Service has made inflation adjustments for 2018 to accommodate changes in the tax code for the Tax Cuts and Jobs Act. The changes will apply to 2018 returns filed in 2019. The top items for 2018 returns include: The standard deduction for married couples filing jointly increases to $24,000. The deduction for […]

Maintain Your Standard of Living in Retirement Saving for retirement to sustain your standard of living is a continual effort to prevent your quality of life from declining in later years. Unfortunately, for many retirees, this goal can be difficult to achieve. Even with planning, 52% of working-age households may not be able to sustain […]

You and more than half the world love to use social media. The Internal Revenue Service is no different. The IRS uses YouTube, Twitter, Facebook, and Tumblr. YouTube: The agency publishes short information videos on tax topics. Twitter: The agency tweets tax announcements, news releases for tax professionals, and hiring notices. Facebook: The agency’s pages […]

Divorcing later in life is becoming more commonplace among people 50 and over. Divorce among older couples has more than doubled since the 1990s. In 2015, 10 of 1,000 married people filed for divorce. Five of 1,000 married filed for divorce in 1990. The divorce rate for people 65 and older has tripled since 1990.[i] […]

Saving for retirement to sustain your standard of living is a continual effort to prevent your quality of life from declining in later years. Unfortunately, for many retirees, this goal can be difficult to achieve. Even with planning, 52% of working-age households may not be able to sustain their lifestyles in retirement.[i] You can take […]

As retirement approaches, many couples start thinking about moving. Nearly two-thirds say they plan to move or will move when they retire.[i] Retirees consider moving for several reasons, including the financial benefits (smaller house) and to be closer to family (grandchildren, in particular). However, moving can get expensive and complicated. Here are some tips to […]

The electronic age may have made life easier and more convenient for you and your children or grandchildren. But it also has made a lot of us more sedentary. You know what it takes to get exercising: a plan and a little initiative. But how do you get the little ones moving? Here are some […]

Nearly a third of planet Earth’s land is forest. That means from outer space the two most predominant colors you’d see are blue (the oceans) and green. The rest would mostly be various shades of brown and gray. With a human habitation of more than 7.6 billion and 4.5 billion years in the bank, Earth […]

You’ve carefully planned your overseas vacation. You know where you want to visit. You know what sights you want to see. You know whom you want to see. And you know where you will be staying. The only unknown factor in the equation is your health. How do you plan on staying healthy and what […]

Tips for Preventing Identity Theft   Protecting yourself from identity theft is essential, and in order to truly secure your financial life, you must take a number of steps. From the information you share on checks to the online passwords you create, thieves can steal your identity in a variety of ways. To help proactively […]

The signs of summer are beginning to appear: Air conditioners are humming, pools are opening, and gardens are just starting to show some activity. Nature is unfolding and temperatures are rising—along with the temptation to spend money.  Here are 3 ways to keep summer spending under control: Ride your bike instead of driving your car. […]

How to Keep Your Money in Your Family  You’ve invested your life into caring for their wellbeing. You cherish them and want them to mature into smart, healthy, successful adults. Naturally, as they become adults and grow older, your authority over them recedes. They make their own decisions, and you just hope it’s for the […]

Have a new college graduate? Give your loved one the gift of financial readiness. This is the time of year when college graduates prepare to make their career dreams and goals a reality. Despite their degrees, however, they may be ill equipped to face financial challenges. According to an ongoing study by the National Financial […]

You’ve invested your life into caring for their wellbeing. You cherish them and want them to mature into smart, healthy, successful adults. Naturally, as they become adults and grow older, your authority over them recedes. They make their own decisions, and you just hope it’s for the best. Your feelings don’t change. They are your […]

How Social Media Impacts Your Spending Once upon a time, “keeping up with the Joneses” meant comparing your lifestyle to your neighbors. In today’s digital world, we can compare our wealth with everyone on social media. Financial professional Mindy McIntosh talks with FOX66 Jennifer Profitt about social media pressures to overspend. READ MORE Saving for […]