Why You Should Monitor Your Credit There are many reasons to stay on top of your credit. The most obvious reason is to identify if someone has illegally accessed one of your accounts or possibly even stolen your identity. You should assume that your personal information is readily available to criminals. Even the credit bureaus have […]
Ten Financial Decisions To Make Before Retirement
Below are ten financial decisions you need to address before you retire. It is a good starting point for most pre-retirees but does not take into account your unique circumstances, lifestyle, or wishes. You will want to contact your financial advisor about specifics. Aim to revisit most of these plans on a regular basis throughout […]
Ohio Doubles 529 Tax Deduction
Beginning in 2018, the state of Ohio has doubled the available tax deduction for residents contributing to College Advantage 529 plans. The previous deduction was $2,000, and now it will be $4,000 per year and per beneficiary for investments made to their 529 plan. Ohio’s plan is already one of the highest ranked in the […]
Guide To Choosing Between Procter & Gamble LTIP Stock Options and RSUs
Updated for 2018 You need to consider two criteria when deciding whether to take your Long-Term Incentive Program LTIP awards as stock options or as Restricted Stock Units (RSUs). If you need to time future incomes for tax planning purposes The growth potential you believe that the company stock has over the next ten years. […]
Hidden Benefits of 529 Plans
HERE ARE SOME HIDDEN ASPECTS OF THE 529 PLAN THAT YOU MAY NOT KNOW ABOUT… Contribution limits are quite high, and you can choose to “superfund” a 529 plan. Maybe grandma or grandpa or a relative would like to contribute generously to your 529; they can superfund the plan up to $70,000 per year without […]
What to do About the Equifax Data Breach
What happened? You’ve probably heard by now that hackers broke into the Equifax database and stole 143 million people’s personal information. The hackers accessed their names, Social Security numbers, birth dates, addresses and, in some instances, driver’s license numbers. They also stole credit card numbers from about 209,000 people and dispute documents with personal identifying […]