How separate (or intertwined) should your financial lives be? Provided by Marc Aarons @ (714) 887-8000  Some spouses share everything with each other – including the smallest details of their personal finances. Other spouses decide to keep some individual financial decisions and details to themselves, and their relationships are just fine. Just as a marriage […]

As you approach retirement, it may be time to pay more attention to investment risk. Presented by Marc Aarons @Money Managers, Inc. If you are an experienced investor, you have probably fine-tuned your portfolio through the years in response to market cycles or in pursuit of a better return. As you approach or enter retirement, […]

A move that high earners can make in pursuit of tax-free retirement income. Provided by Marc Aarons @ Money Managers, Inc.   Does your high income stop you from contributing to a Roth IRA? It does not necessarily prohibit you from having one. You may be able to create a backdoor Roth IRA and give […]

  Classroom educators are coping with hybrid plans and pension fund shortfalls. Provided by Marc Aarons @ Money Managers, Inc.  Arizona. Kentucky. Massachusetts. Michigan. Pennsylvania. Rhode Island. Tennessee. In these states and others, teachers are concerned about their financial futures. The retirement programs they were counting on have either restructured or face critical questions.1,2 Increasingly, […]

Even with interest rates rising, you may want to explore the possibilities. Provided by Marc Aarons @ Money Managers, Inc.  In the first quarter of 2018, the refinance share of home loan applications in the U.S. fell to 40%, the lowest in ten years. Higher mortgage rates had reduced demand for refi’s.1 Still, the refi […]

The Pros & Cons of Roth IRA Conversions What are the potential benefits? What are the drawbacks? Provided by Marc Aarons @ Money Managers, Inc. If you own a traditional IRA, perhaps you have thought about converting it to a Roth IRA. Going Roth makes sense for some traditional IRA owners, but not all. Why […]

Provided by Marc Aarons @ Money Managers Inc.  By 2020, federal employees with Thrift Savings Plan (TSP) accounts should have new withdrawal choices for their invested assets. New rules are scheduled to be implemented through the TSP Modernization Act, permitting TSP participants more flexibility.1 The TSP withdrawal rules have been strict for many years. Too […]

Provided by Marc Aarons @ Money Managers Inc.   Households are saving too little for the future. According to one new analysis, 41% of Gen Xers and 42% of baby boomers have yet to begin saving for retirement. In a recent financial industry survey, 35% of small business owners said they were planning to use […]

Why Life Insurance Matters for New Homeowners It addresses a significant financial risk. Provided by Marc Aarons Money Managers, Inc. If you buy a home and you have no life insurance, there is a financial risk. It may not be immediately evident, but it must be acknowledged – and it should be addressed. What if […]

Tax reform has lowered the threshold. Provided by Marc Aarons @ Money Managers, Inc.   If you itemize, you should note the reduced medical deduction threshold for 2018. This year, you can deduct qualified medical expenses exceeding 7.5% of your adjusted gross income. Next year, the threshold for the medical expense deduction returns to 10% […]