Thinking of Making an IRA  Contribution for 2016?

Thinking of Making an IRA Contribution for 2016?

There are many types of IRAs. This article will discuss Traditional IRAs, Roth IRAs and non-deductible IRAs, available to individuals (or a spouse of an individual) with earned income or collecting alimony. The first criterion to consider is your age. If you are over...
Is There a Student in the Family?

Is There a Student in the Family?

You could be eligible for some tax breaks in the form of a deduction or, better yet, a tax credit. Unfortunately, most of these tax breaks phase out based on income so be aware that filing status and income can limit the tax benefits. The American Opportunity Credit...
Retirement Planning: The Accumulation Phase

Retirement Planning: The Accumulation Phase

Retirement Planning is by far one of the most important areas of financial planning and one that we allocate a good portion of our time and resources to address. We break retirement planning up into two distinct phases: 1) Accumulation Phase 2) Distribution Phase The...