Archive | October, 2015


What Is a Custodial IRA?

A custodial IRA is an IRA managed by a parent or guardian for the benefit of a minor child, as long as that child works and has earned income. As with other types of IRAs, the maximum annual contribution for 2015 is $5,500 (indexed annually for inflation) and the underlying investments can be determined by […]

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Washington Hotline – October 27 2015

WASHINGTON NEWS IS and COF Support Permanent Charitable Tax Extenders A coalition of twenty charities led by Independent Sector (IS) and The Council on Foundations (COF) conducted a Capitol Hill briefing on October 21 to promote passage of permanent charitable tax extenders. The briefing focused on the IRA Charitable Rollover, expanded deduction limits for gifts […]

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Social Security Tips for October

    If you need proof you get Social Security benefits, Supplemental Security (SSI) Income or Medicare, you can request a benefit verification letter online by using your my Social Security account. This letter is sometimes called a “budget letter,” a “benefits letter,” a “proof of income letter,” or a “proof of award letter.”   You can […]

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Do Alternative Asset Classes Belong in Your Portfolio?

Alternative investments are often defined not by what they are, but by what they are not. It is this quality that could make alternatives potentially valuable diversifiers when added to a portfolio of traditional investments. While some investors may equate alternative investments with the high-risk/high-return vehicles that garner the lion’s share of media attention (especially […]

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