10 Best Dividend Paying Stocks for 2017

Posted by Richard on February 14, 2017

High-quality dividend stocks never go out of style for long-term investors, and there is no shortage of stocks with high yields and bright prospects for 2017, from telecommunications companies embracing the digital future to pharmaceutical companies riding the success of new drugs. That’s not to say that these stocks won’t fall if the market slumps […]

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5 States Where Taxes Are Going Up in 2017

Posted by Richard on

Although President-elect Donald Trump has pledged to cut federal taxes, state taxes are rising across the U.S. as financially strapped states search for funds to repair deteriorating infrastructure and close widening budget shortfalls. In their search for revenue, states have targeted everything from e-cigarettes to lottery winnings. Even Alaska, long a low-tax haven and one […]

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10 Kirkland Products You Should Buy At Costco

Posted by Richard on February 9, 2017

Years back, retailers got wise to the ways of store brands. You know the drill: Grocers stock their shelves with food items packaged just for them, from pasta sauces to pinto beans. For most, gone are the days of those products signaling to customers that yes, they’re less expensive than national brands — and less […]

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What Can a Dollar Buy? It Depends on Where You Live

Posted by Richard on October 13, 2016

You know that $25,000 car you’ve had your eye on? In just 10 years, it could cost almost $34,000, assuming prices rise by a mere 3% per year. That’s the reality of inflation, which is commonly understood as the increase in the price of any product or service. While the consumer price index (CPI), which […]

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When Planning, Focus More on Goals, Less on Numbers

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Financial planning is a complex, lifelong process that people tend to approach with a numbers orientation. What rate of return do I need to reach my goal? How much insurance do I need? Can I afford a bigger house? How much money do I need to save for retirement? To support their pursuit of the […]

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Identity Theft and Taxes

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Identity theft is one of the fastest growing crimes in America affecting millions of unsuspecting individuals each year. A dishonest person who has your Social Security number can use it to obtain tax and other financial and personal information about you. Identity thieves can get your Social Security number by: Stealing wallets, purses, and your […]

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Back to School Bonus: Interest Rates Drop on Federal Student Loans

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Families with students heading off to college this fall take note: The interest rates on all newly-issued federal loans have been reduced for the coming academic year — but those reductions are much more pronounced for student borrowers than for their parents.1 For instance, the interest rate on Stafford subsidized and unsubsidized loans for undergraduates […]

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Tips for Avoiding an Early Withdrawal Penalty

Posted by Richard on September 6, 2016

If you take a taxable distribution from your IRA before age 59½, you generally will be required to pay a 10% additional federal tax. However, in certain situations, you may be able to avoid the imposition of the added tax. One little-known penalty exception is available to IRA owners who take substantially equal periodic payments […]

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Why More Americans Don’t Own Life Insurance

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It is well documented that Americans in general are underprepared financially for retirement. Yet less attention is given to the fact that life insurance — a standard supplemental vehicle to retirement accounts and other investments — is underutilized by all generations of retirement savers. Recent research conducted by Life Insurance and Market Research Association (LIMRA) […]

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Income Inequality and Its Impact on Women’s Retirement

Posted by Richard on

Here are the facts. Generally speaking, women earn less than men, live longer than men, and often take time out of the workforce to have children and/or to care for an aging parent or sick loved one. The potential consequence of these realities? While most U.S. workers are facing a retirement savings deficit, for women, […]

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