What are the limits for Donor-Advised Funds and Private Foundations?  Provided by Marc Aarons at Money Managers, Inc.      Among the big changes in the 2017 Tax Cuts and Jobs Act (TCJA) were new limits on standard and itemized deductions. These limits and restrictions created new hurdles when planning deductions with tax advantages in mind. […]

An emergency fund may help alleviate the stress associated with a financial crisis.  Provided by Marc Aarons at Money Managers, Inc  Have you ever had one of those months? The water heater stops heating, the dishwasher stops washing, and your family ends up on a first-name basis with the nurse at urgent care. Then, as […]

A look at who is affected, and the potential economic impact.  Provided by Marc Aarons at Money Managers, Inc.      Right now, many households across the country are contending with the financial pressures resulting from the partial federal government shutdown. About 800,000 federal workers have been furloughed, and about 4 million government contractors are now […]

Perhaps both traditional and Roth IRAs can play a part in your retirement plans. Provided by Marc Aarons at Money Managers, Inc.   IRAs can be an important tool in your retirement savings belt, and whichever you choose to open could have a significant impact on how those accounts might grow. IRAs, or Individual Retirement Accounts, […]

Being healthy not only makes you feel good, it may also help you financially. Provided by Marc Aarons at Money Managers, Inc.   We constantly hear how important it is to maintain a healthy lifestyle. That is not always easy, especially in the face of temptation or the easy option of procrastination. For some, the monetary […]

A financial checklist for the most difficult of times.  Provided by Marc Aarons at Money Managers, Inc.   The passing of a loved one irrevocably alters family life. After a death, there is so much to attend to; it is better to do it sooner rather than later. Here, then, is a list of what commonly […]

What does history tell us – and should we value it?    Provided by Marc Aarons at Money Managers, Inc.   As an investor, you know that past performance is no guarantee of future success. Expanding that truth, history has no bearing on the future of Wall Street. That said, stock market historians have repeatedly analyzed […]

Some specifics about the “second act.”  Provided by Marc Aarons at Money Managers, INC.      Does your vision of retirement align with the facts? Here are some noteworthy financial and lifestyle facts about life after 50 that might surprise you.   Up to 85% of a retiree’s Social Security income can be taxed. Some retirees are […]

Take note of them for 2019.  Provided by Marc Aarons at Money Managers, Inc      Some notable developments are about to impact 401(k) plans. They follow a major change that became effective in 2018. Thanks to the Tax Cuts & Jobs Act, workers who borrow from 401(k) accounts and leave their jobs now have until […]

Are you aware of them?  Provided by Marc Aarons at Money Managers, Inc. The federal government offers some major tax breaks for older Americans. Some of these perks deserve more publicity than they receive. If you are 65 or older, your standard deduction is $1,300 larger. Make that $1,600 if you are unmarried. Thanks to […]