We’re often asked for tips on teaching money basics to kids, even beginning at an early age, to help instill good money values for life.
The topic offers up a huge canvas that could be filled. But let’s start with a few basics. One of the simplest steps involves getting the child a piggy bank at a young age.
Santa got a jump start on his deliveries last week, leaving a number of attractions beneath the tree.
Savers and risk-averse investors were delighted by the long-awaited upward tick in interest rates, however small it may be.
Just when you think you understand . . . along comes change.
You’re probably aware that some important changes to the Social Security program were included in the recently passed Bipartisan Budget Act of 2015. These changes were signed into law in early November 2015.
As we head into end-of-year tax planning, it seems that one question is on everyone’s mind: Should I convert my Traditional IRA to a ROTH IRA? Articles are everywhere touting the value of ROTH conversions, and for good reason. ROTH IRAs offer many potential benefits, including tax-free growth, tax-free withdrawals (when adhering to qualified distribution criteria), no minimum withdrawal requirements at 70 1/2 and the ability to pass on the assets to heirs tax free.
It’s been over a week since the market took it’s first deep dive that rattled investors and has fueled an unprecedented level of turbulence. If you’ve been listening to the media coverage, you know well that the primary cause of the new volatility is not the U.S. economy or a slump in a major sector, but a foreign country: China. The big question for many is this: why China?