by jofseyer
Ask the Experts: How can I get an estimate of my Social Security benefits?
Every year, about three months before your birthday, the Social Security Administration (SSA) will mail you a Social Security Statement that summarizes your earnings and estimates …
by jofseyer
Ask the Experts: What happens if I delay collecting Social Security until after full retirement age?
You’ll get a bigger check every month if you delay collecting your Social Security retirement benefit. How much bigger depends on which year you …
by jofseyer
Stretch IRAs
The term “stretch IRA” has become a popular way to refer to an IRA (either traditional or Roth) with provisions that make it easier to “stretch out” the time that funds can stay in your IRA after your …
by jofseyer
Planning for Long-Term Care
The odds of needing long-term care increase as you grow older, and in-home care, nursing home care, and assisted-living costs continue to escalate. If you were to need long-term care, would you be able to meet …
by jofseyer
Intestacy
What is intestacy?
You have died “intestate” if you die without a valid will. Each state has adopted intestate succession laws that provide for distribution of your property to the people the state considers your heirs.
Why people die …
by jofseyer
Ask the Experts: Should I consider an interest-only mortgage?
An interest-only mortgage lets you make monthly payments consisting of interest only for a specified number of years before you begin to pay off the principal balance. As a result, your …
by jofseyer
Ask the Experts: What is an option ARM?
An adjustable rate mortgage (ARM) that offers different payment choices each month is called an option ARM. Each month, you select the payment option appropriate for your budget.
Option ARM payment choices …
by jofseyer
Choosing a Retirement Community
Perhaps you’ve seen ads for a new “over 55” luxury condominium development in your town. Or another winter of shoveling has finally convinced you that it’s time to move to a warmer climate. You’re looking forward …
by jofseyer
Federal Tax Credits for Energy Efficiency
A federal law passed in 2005 created several significant income tax credits in an effort to promote energy efficiency. Here’s a closer look at four tax credits available to consumers.
Hybrid vehicle tax credit…
by jofseyer
Retirement Plans for Your Small Business
A retirement plan can be a critical part of a competitive benefits package. Although small business owners can sponsor a qualified retirement plan like a 401(k) or profit-sharing plan, these plans can be expensive …