Financial Planning
The New Tax And Social Security Rules For Same-Sex Couples
Next Avenue’s Richard Eisenberg outlines some strategies for married same-sex couples for filing 2013 taxes (as well as prior year refunds) and claiming social security benefits.
What Investors Should Expect from Advisors
A five-minute video featuring John Rogers of the Chartered Financial Analyst Institute urging investors to hold their financial service providers to higher ethical standards.
End-of-Life Medical Costs Vary Widely
New studies show out-of-pocket end-of-life medical expenses are a significant financial risk to 43% of older Americans.
IRS Releases Draft Form 8960 For Computing New 3.8% Tax On Net Investment Income
After no shortage of controversy adn consternation, the IRS has released a draft 8960 form for computing the new 3.8% tax on net investment income included as part of Obamacare.
Divorcing Women: The Truth About Your Husband’s 401(k) And Other Assets
Author Jeff Landers gives divorcing women the straight facts on marital property and signs that their exes may be hiding marital assets during the divorce.
Reverse Mortgages: Big Changes Ahead
Richard Eisenberg of the blog Next Avenue explains new FHA changes for reverse mortgages including new mandatory financial assessments, penalties for taking large payments at closing and the establishment of escrow-like accounts to cover taxes and insurance.
The Aging Mind and Money
Squared Away looks at the interplay between cognitive decline with aging and difficulty making financial decisions, but also points to research showing that declining cognitive abilities can be offset by knowledge gained through age and experience.
How Not To Blow A Financial Windfall
The National Endowment for Financial Education reports that as many as 70% of Americans who receive a sudden windfall spend it all within a few years. Erik Carter of Financial Finesse suggests funding emergency savings, making retirement plan contributions, paying off high interest debt and saving for the future instead.
Retiring Later Could Help You Fend Off Alzheimer’s
Forbes contributor Richard Eisenberg discusses a study that showing that each extra year men worked beyond age 65 postponed the onset of dementia symptoms by nearly six weeks and related research.
62 Year-Old Men File Social Security, Wives Pay
SquaredAway looks at an often overlooked reason why delaying Social Security benefits may make sense: when a husband waits to claim benefits, the payout for his surviving spouse can be significantly higher.
