What can I do now to minimize the impact of the new investment tax? My wife and I have an adjusted gross income of over the $250,000 and we're wondering if there is anything that we can be doing now to minimize the impact of the 3.8% tax. If we're near that $250,000 threshold would it be wise to funnel any money above it into a retirement plan? Or are there any asset classes where the tax doesn't ... Read More
Medicare
Ask the Adviser: What are the biggest issues new retirees tend to underestimate?
It's easy to get tripped up in retirement. I'm reminded of the expression by the octogenarian to the recent newlywed fretting about life but rejecting out of hand the advice of his experienced senior: A long time ago I was where you are now. And later you'll be where I am now. But just as you haven't been your age before, I've never been old before. So for new retirees who "not been there or ... Read More
Ask the Money Coach: What Do I Need to Know About Medicare Advantage?
November is around the corner. Besides worrying about turkey dinners and seating arrangements for Thanksgiving, it's that time of year again to review your health care options. If you're retiring, already retired or have an elder parent in this category, you should get familiar with the options available for health coverage. Since most health care dollars are used by seniors for doctors, medical ... Read More
