Personal Finance

How the SECURE Act affects inherited IRAs

September 11, 2020

Legislation sets 10-year withdrawal window for nonspouse beneficiaries.

The business of urology: Reducing required minimum distributions in retirement accounts

August 05, 2020

Converting funds to Roth dollars is among the most effective strategies.

How to fill the gap between retirement, Social Security

July 08, 2020

Withdrawals from pretax retirement accounts are among the ways to bridge your income, according to Jeff Witz, CFP.

Deciphering the alphabet soup of financial advisers

September 01, 2012

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

August 01, 2012

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

July 01, 2012

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?

June 01, 2012

What you need to know about health care costs post-retirement and the taxability of municipal bonds.

Tenancy by the entirety can protect your home

May 15, 2012

Holding property in joint tenancy with rights of survivorship (JTWROS) generally provides no asset protection. In fact, JTWROS ownership exposes the property to the creditors of each of the joint tenants.

Tax hike for high-income earners expected in 2013

May 01, 2012

Many physicians may be joining other high-income taxpayers subject to an upcoming potentially large tax hike they may not even be aware of.

Doctors should take time now to make estate-planning decisions

March 01, 2012

Without a properly structured estate plan, your heirs may be paying unnecessary estate taxes and probate fees that in many cases can be dramatically reduced or even eliminated.

Charitable trusts may help lower estate taxes

February 01, 2012

There are many factors to be considered prior to implementing any type of charitable trust strategy.

Market dips: Now may not be time to get out

January 01, 2012

During periods of dramatic market fluctuation, it is important for investors to avoid emotional responses to investing.

Urologists generally take economic downturn in stride

December 01, 2011

Even if they didn't do well in the stock market, many focus on their health and enjoy their work.

Federal debt securities present low default risk

December 01, 2011

From a marketable government debt securities standpoint, investors are offered many choices.

Should you jump on the gold bandwagon?

October 01, 2011

Before jumping on the gold bandwagon, it is important to understand the market factors that impact gold pricing, and how this unique commodity may or may not fit into your overall investment portfolio.

Managing your mutual funds: Active vs. passive

September 01, 2011

Passive management is an investment strategy that attempts to replicate the returns of an index or benchmark by owning the same assets, in the same proportions, as the underlying index. Active managers attempt to outperform the market through the art of stock picking and market timing.

Exercise caution when investing in bonds

August 01, 2011

Caution needs to be exercised when investing in bonds, as many investors are under the misunderstanding that bonds cannot lose principal value.

When should you start receiving Social Security?

July 01, 2011

Unfortunately, there is no "one-size-fits-all" answer to when you should start receiving Social Security benefits.

How long should you keep financial documents?

June 01, 2011

It is important to be cautious when discarding important documents that could be required by the IRS in the event of an audit or would enable you to collect a future refund should you need to file an amended tax return.

529 plans allow flexibility in saving for college

May 01, 2011

A 529 plan is an education savings plan operated by a state or educational institution designed to help families set aside funds for future college costs.