Financial Planning
FDIC Insurance Permanently Increased to $250,000 per Depositor
Here’s the text of the press release from the Federal Deposit Insurance Corporation: Note: for the rules that apply trust owned bank…
8 Reasons to Convert to a Roth IRA
As most people know by now, the $100,000 income limit on the ability to convert a traditional IRA to a tax-free Roth…
MLPs Provide Income and Tax Benefits
This from Howard Hinds of the Curbstone Group in Boston: Master Limited Partnerships (MLPs) are excellent tools for estate planning: 1. MLP distributions (around…
New Website for High Net Worth Individuals and Advisors to Network
Wealth Management Exchange is designed for networking and information exchange. One can sign up to receive email alerts on financial and estate planning…
NC 529 Plan Eliminates Two Investment Options
North Carolina’s 529 College Savings Plan will be eliminating two investment options – the CollegeHorizonFunds and the Balanced Fund – due to…
Changes to NC’s 529 College Savings Plan
Here are some recent favorable changes to North Carolina’s National Collge Savings Program (529 Plan): For 2009, a participant may reallocate the…
529 College Savings Plan Investments May Be Adjusted Twice Yearly in 2009
The IRS recently announced in Notice 2009-1 that in 2009 the investments in 529 College Savings Plans may be adjusted twice, as opposed to…
Big Tax Losses in 2008? Consider a Roth Conversion
Self-employed persons or small business owners such as home builders with big tax losses for the year should consider converting their traditional…
Warren Buffet – Now’s the Time to Buy American Stocks
Words of wisdom from a sage investor on the NY Times Website. It is also important not to use the poor economy as…
IRS Announces Pension Plan Limits for 2009
IR-2008-118, Oct. 16, 2008 WASHINGTON — The Internal Revenue Service today announced cost‑of‑living adjustments applicable to dollar limitations for pension plans and…