At a certain point maybe as the last college tuition payment is on the horizon many people feel suddenly flush with cash and begin to talk more seriously about buying that second home. Here are a few questions I often ask clients to guide our discussions:
Between the 15% capital gains tax increasing to 20% for those in the top tax bracket and the 3.8% Medicare surtax on passive investment income some investors are shouldering an 8.8% increase in capital gains tax. And that makes tax-aware investing more important than ever.
What kind of investor are you? Do you invest in mutual funds and forget about them or do you check in on your investments on a daily basis? While buy and hold certainly came under fire as the economy clawed its way out of recession new research suggests that frequent trading within your portfolio won’t pay off.
Consumer-directed health plans (CDHPs) which include Health Savings Accounts (HSAs) have been part of the benefits landscape for more than a decade. According to the United Benefit Advisors’ 2012 survey of more than 17000 health plans nearly 15% of employers offer CDHPS with HSAs.
In May the markets swooned when Federal Reserve Chairman Bernanke suggested it just might be time to think about tapering the Federal Reserve’s quantitative easing bond-buying program. Since then questions about the Federal Reserve’s timetable have swirled in Washington.