I’ve been watching my boys play football for years, and I LOVE watching them, but I still struggle with many of the rules. Recently, I’ve been trying to figure out punt return vs kick return and when you are supposed to touch the ball vs not touch the ball and just let it roll. Go… Read on…
As a parent of teens, part of my role as their mom is to begin letting go of making sure they are on top of everything they need to be on top of. It was a really hard lesson for one of my boys this past school year when he completed all the work for… Read on…
A couple of weeks ago, my youngest said to me, “Mom, do you know there is a website for unclaimed property?” Well, yes, I do. But I told him that does not apply to me. After all, I know exactly where all my property is! I’m sure you’ve heard the commercial on the radio as… Read on…
In a recent meeting with a client who had just made a significant purchase, I asked the question, “How are you feeling about it?” An emphatic “Great Question!” was her response. We had discussed it often, run the numbers more than once on various options, and the numbers showed she could both afford it and choose how… Read on…
Do you ever get so much “stuff” piled up on your kitchen counter…or desk, or side table or wherever you keep the “papers I may need but don’t have time to address right now” pile…that you just want to take it all and throw it in the trash? Poof! Gone. Out of your mind, off… Read on…
Many folks feel overwhelmed by any talk around taxes. This is understandable. Our federal tax code can be a tough code to crack. It is a moving target of rules, income phaseouts and brackets which seem to change on a near constant basis. And then there is simply the tax terminology in general that can… Read on…
In my newsletter last month, I talked about some of the changes and confusion around new distribution rules for Inherited IRAs and promised this month I would share a few other changes of the SECURE Act 2.0 (Setting Every Community Up for Retirement Enhancement). With some 90+ changes that pertain to individuals, employers, trusts and… Read on…
There has been some confusion in both the financial planning and tax worlds recently regarding the “new rules” around inherited IRA distributions. Congress was clear as mud when they decided to change all the rules in 2020. You see before 2020, if you inherited an IRA, the rules were pretty straightforward, whether you were the… Read on…
Happy New Year to you! The craziness of year-end tasks and the holidays seems to carry right over into the new year, with a sense of urgency on a whole new list of things. But hopefully you found some respite along the way before diving in to 2023! Last year at this time, I wrote… Read on…
The first impactful memory I have around money always comes to me right away. It’s a story I shared at my dad’s 70th birthday celebration. I was about 10 years old and was with him at the ATM. He always counted the money before putting it in his wallet. When he counted it on this… Read on…