Many seniors are creatures of habit and are holding onto their large life insurance policies with expensive premiums that they may no longer need or afford. Based on the new Tax Law Reform, 2018 could be the best time to sell their policy. The Estate Tax has been increased: The tax exemption has been raised to $11,200,000 per person, $22,400,000…read more →
You may want to think twice what you tell your doctor on your next visit. Medical records are now online. When you sign a HIPPA (health ins privacy) form to apply for life, disability and/or a long-term care policy the following information is available with a few mouse clicks: On-line medical records: Insurance companies can and will be able to…read more →
Proctor and gamble did a study in 2008 and found the average woman spends over $1500/year in dry cleaning. Men who wear suits daily would spend more than half that amount. Can these bills be eliminated, probably not. Reduced, for sure! Take off your work clothes and hang them up immediately upon returning home from work. Let clothes “air out”…read more →
This article looks at places both in the USA and around the world where you can purchase a home and live in relative luxury on a poor man’s salary. 1. Argentina: Argentina has been a tourist mecca for generations and is a great producer of wine. A 1500 sq, foot home can be had for about $140,000. The cost of…read more →
There are so many fabulous places in the world to visit. Avoid the hype as these 5 tourists traps that are a waste of time! Stonehenge, Wiltshire, England: This mysterious site may date as far back as 3000 bc. More than 1.3 million visited in 2014. It takes hours to get there and you can longer go into the central…read more →
The 2017 major league baseball season opened on April 2nd with the Tampa Bay Rays hosting the New York Yankees. Some MLB teams cater to fans with discounted tickets and food while some play hardball with very high prices. The average price of 2 tickets (cheapest seats available) 2 small beers, 2 hot dogs and parking is about $78. Prices…read more →
New York is the 6th state to enact the PFL(paid family leave) act joining California, New Jersey, Washington, New Jersey and Rhode Island. We expect many other states to follow suit. To check your state’s rules go to www.NationalPartnership.org. Ignorance is expensive!! It’s effective on 1/1/18: Employees can have a baby today and give 30-day notice that they are taking…read more →
FAFSA: The Free Application for Federal Student Aid. All students interested in financial aid (free endowment monies) for college will need to complete this form. Usually, the parents/guardians fill it out using their tax return. Don’t include retirement assets on the FAFSA: The FAFSA doesn’t care how much you’ve got in your 401k/IRA/pension. They do ask about cash, savings and checking…read more →
Although it’s technically still the summer, many high school students (and parents) are feeling anxiety about taking the SAT and/or ACT exams this month. There’s a lot of bad information out there on this topic. Below are answers to 5 popular questions: Should I take the SAT or ACT? We strongly recommend taking both exams multiple times if possible. Most…read more →
5 Reasons why 529’s are a waste of time Unless you are getting other people like grandparents to contribute money to your child’s 529 they are a waste of time for the following reasons: 1. They reduce the amount of endowment “free” money students can qualify for: Ex. With $100,000 in a 529 the first $25,000/year is on you! 2….read more →
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