Joel M. Blau, CFP
Mr. Blau is chief executive officer of MEDIQUS Asset Advisors, Inc., in Chicago. He can be reached at 800-883-8555 or [email protected]
New year, new tax changes: Bush-era rates rise for single incomes over $400,000; capital gains tax jumps for high earners
Nervousness over the potential of falling off the oft-publicized “fiscal cliff” was averted when the American Taxpayer Relief Act of 2012 (ATRA) was approved by the House and Senate and signed into law by President Obama. The legislation addressed and resolved most of the tax uncertainty that made year-end tax planning for 2012 so difficult for many people. Unfortunately, however, the final resolution of issues related to spending cuts and the debt ceiling was delayed.
IRA rollovers can be beneficial, but be careful
There are several reasons why rolling over your IRA funds may make sense.
New year brings new tax changes; are you ready?
The tax laws have changed once again. Find out how they're going to affect you.
Mutual funds: Stock picks vary by type of analysis
Mutual funds can be a fairly stable investment. Find out how mutual fund managers pick stocks.
Are higher yield bonds a wise investment for you
Depending on your approach, pursuit of higher yield bonds may invite more risk, some of which may be hard to see or understand.
Doing what's right for you is the key for investing
The key to determining what to invest in should be based primarily on the needs, temperament, and available resources of each individual or family.
Deciphering the alphabet soup of financial advisers
In addition to registered investment advisers, there are a number of other financial-based professionals who may be in a position to assist you with many financial planning areas.
Gold investments lose their luster over time
If one disregards the 1971–'74 period when U.S. investors could not own it directly, gold's long-term performance drops substantially.
Credit or debit? Each card type has pros and cons
While on the surface, it may not seem to matter, there are some important differences between debit and credit cards, and reasons why you should use one form of payment over the other.
Is health care part of your retirement plans?
What you need to know about health care costs post-retirement and the taxability of municipal bonds.