New Required Minimum Distribution (RMD): Take Your Money Later

Posted by Richard on February 12, 2020

As of Jan. 1, those with a 401(k) or IRA can start withdrawing the required minimum at age 72. Previously, account holders were required to take the minimum distribution at age 70.5. The new rules, arising from President Trump’s Secure Act, update the old rules, which were based on life expectancies in the early 1960s. […]

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Tips For Managing Contractors

Posted by Richard on

As much as we love our home renovations, there’s no denying that the process can nevertheless be a stressful one. Some of that is due to the myriad of details, ranging from large choices like siding color and style to the smallest, like door stops or light covers. And a good chunk of the stress […]

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Do You Actually Need To Pay Someone To Do Your Taxes?

Posted by Richard on

Those forms look daunting. And those crazy tax words seem intimidating. But, the fact is, 100 million workers probably don’t really need a tax person to do their returns, according to the IRS. They can do their taxes with the easiest forms (such as the 1040EZ — available online) or just hop to the IRS […]

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A Jump In Building Starts Predicts More Choices For Buyers

Posted by Richard on

After an unexpected late-year jump in single family housing starts in 2019, the Fannie Mae Economic and Strategic Research (ESR) Group has predicted higher single family housing starts and sales for 2020 than previously announced. Housing starts represent the number of new homes begun during a period of time. The U.S. Census Bureau estimates the […]

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