Category Archives for Tax
4 Social Security Slips You Should Avoid
Social Security provides valuable benefits, and it’s important not to waste the opportunity to get them. However, given just how complex it is to evaluate your Social Security benefits, it’s not surprising that some people make mistakes
Continue readingWhy So Many Pastors Don’t have an Estate Plan
Passport? Check. Airline ticket? Check. Hotel reservation? Check. After careful planning, you’re ready for vacation! However, have you taken more time preparing for a vacation than your estate plan
Continue readingThere are Certain Financial Areas that need to be Taken Care of Before the End of the Year
New Year’s Eve is far away. However, it’s never too early to organize your finances for the end of the year. Do it while there’s still plenty of time to increase your retirement nest egg, lower your taxable income and avoid tax penalties
Continue readingWhy You Need a Last Will and Testament
Earlier this month, news outlets reported that Aretha Franklin, a Memphis native, died without a will. That fact seems important, but what good does a will actually serve
Continue readingAre You and Your Retirement Investments Prepared for “Market Correction?”
The older the current bull market gets, the more stories you’re likely to read about how this is an awful time to retire
Continue readingCan You Still Participate in Philanthropy During Your Retirement Years?
Spending generally declines during retirement for most budget items, but charitable giving tends to buck this trend
Continue readingPrepare to Live a Long Life and Enjoy Every Bit of It!
A long life is a great gift, but with the joys come some financial and legal challenges. The earlier you act to address them, the better off you and your heirs will be.
Continue readingRoth IRA Conversions Don’t Work for Everyone
Switching your traditional individual retirement account to a Roth IRA is often a terrific tax strategy—except when it’s a terrible one.
Continue readingThere are MANY Reasons Everyone Needs to do Estate Planning
Don’t have an up-to-date estate plan? You’re not alone. More than 70% of Americans don’t, including more than half of all baby boomers. That’s why we’re sharing our best tips for creating one.
Continue readingFarm Family Succession Gets Help from Local Extension Office
As the average age of Nebraska’s farm and ranch operators trends older, it’s important for those operators to have a plan to pass on the family operation.
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