Archive | August, 2015

Where You Live Matters: Counting the Cost of Long-Term Care

It probably comes as no surprise that the cost of long-term care services — including nursing homes, assisted-living facilities, and home-based care — continues to rise steadily across the country. Among the various services tracked by Genworth’s annual Cost of Care Survey, home-based care costs are rising at a slower pace than other forms of […]

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Tips for Retooling Your Portfolio

Like a closet that isn’t reorganized from time to time, a portfolio that isn’t reviewed regularly can leave you feeling like the pieces no longer fit. Last year, for example, stocks, as measured by the S&P 500 had annualized returns of 13.69%.1 U.S. investment grade bonds gained 5.97%, while international stocks declined -4.49%.1 Given this […]

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Retirement Confidence: It’s All in the Plan

Americans’ confidence in the ability to afford a comfortable retirement continues to rebound from the lows reported between 2009 and 2013. The increasing optimism is coming largely from workers who indicate they and/or their spouse have a retirement plan, such as a defined contribution (401(k)-type) plan, defined benefit (pension) plan, or individual retirement account (IRA). […]

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Washington Hotline – August 18 2015

WASHINGTON NEWS Identity Theft Services Tax-Free In Announcement 2015-22 the IRS stated that receiving identity theft services will not lead to harmful tax consequences. Identity theft “occurs when a person wrongfully obtains and uses another person’s personal information (for example, name, social security number, or banking or credit account numbers) in a way that involves […]

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It’s 2015: Do You Know Who Your Beneficiaries Are?

Many investors have taken advantage of pretax contributions to their company’s employer-sponsored retirement plan and/or make annual contributions to an IRA. If you participate in a qualified plan program you may be overlooking an important housekeeping issue: beneficiary designations. An improper designation could make life difficult for your family in the event of your untimely […]

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