You may have heard a lot about the Department of Labor (DOL) Fiduciary Rule in the news. But do you know what it means for you, as a consumer? Here’s what you need to know.
When my mom told me she was moving from small-town South Carolina to the Gulf Coast of Florida, images of alligators, Disney World and The Golden Girls danced through my head. While I knew she had worked hard to put me and my brother through college, I was quite surprised to learn her sound financial planning had been able to afford her this incredible move. (more…)
Every year as the calendar changes, you start seeing more and more commercials from tax preparation companies reminding you to get your taxes in order. As you gather all the pertinent information for your tax planning (W-2 income statement, medical expenses, mortgage info, etc.), don’t forget you can still make IRA contributions that count for the 2016 tax year. (more…)
People grow up in America dreaming big. They want to be their own boss. There will always be those who shun the 9-5 job and who are drawn by the potential of starting their own business, and who can blame them. With the markets in unchartered waters—hello, DOW 20,000—it demonstrates that sometimes big risks reap big rewards. Any successful, profitable business at year’s end ultimately faces the same realization…tax time. (more…)