Tax Tips: Long-Term Care Insurance

Your chances of requiring some sort of long-term care increase as you age, and long-term care insurance (LTCI) can help you cover your long-term care expenses. Although tax issues are probably not foremost in your mind when you buy LTCI, it still pays to consider them. In particular, you should explore whether your premiums will … Continued
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The Roth 401(k)

Employers can offer 401(k) plan participants the opportunity to make Roth 401(k) contributions. If you're lucky enough to work for an employer who offers this option, Roth contributions could play an important role in maximizing your retirement income. What is a Roth 401(k)? A Roth 401(k) is simply a traditional 401(k) plan that accepts Roth … Continued
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Charitable Giving

When developing your estate plan, you can do well by doing good. Leaving money to charity rewards you in many ways. It gives you a sense of personal satisfaction, and it can save you money in estate taxes. A few words about transfer taxes The federal government taxes transfers of wealth you make to others, … Continued
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Estimating Your Retirement Income Needs

You know how important it is to plan for your retirement, but where do you begin? One of your first steps should be to estimate how much income you'll need to fund your retirement. That's not as easy as it sounds, because retirement planning is not an exact science. Your specific needs depend on your … Continued
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Understanding Risk

Understanding Risk

FINRA® Letter Few terms in personal finance are as important, or used as frequently, as "risk." Nevertheless, few terms are as imprecisely defined. Generally, when financial advisors or the media talk about investment risk, their focus is on the historical price volatility of the asset or investment under discussion. Advisors label as aggressive or risky … Continued
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Dave Ramsey at Compassion Christian

Compassion Christian Church – January 7, 2018 – HOW TO MAKE A MONSTER LISTEN

Savannah Georgia had the honor and privilege of Dave sharing his message to Compassion Christian Church on Biblical Money Principles.  With a congregation of over 8,000 members, in seven different locations, Main Campus, East Campus, Downtown at the Savannah Theatre, Effingham Campus, Midway Campus, Statesboro Campus, and our Spanish Campus.  Dave was front and center … Continued
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IRA & Retirement Plan Limits for 2018

IRA contribution limits The maximum amount you can contribute to a traditional IRA or a Roth IRA in 2018 is $5,500 (or 100% of your earned income, if less), unchanged from 2017. The maximum catch-up contribution for those age 50 or older remains at $1,000. You can contribute to both a traditional IRA and a … Continued
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Understanding Social Security

Approximately 66 million people today receive some form of Social Security benefits, including retirement, disability, survivor, and family benefits. (Source: Fast Facts & Figures About Social Security, 2017)  Although most people receiving Social Security are retired, you and your family members may be eligible for benefits at any age, depending on your circumstances. How does … Continued
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Understanding IRA’s

An individual retirement arrangement (IRA) is a personal savings plan that offers specific tax benefits. IRAs are one of the most powerful retirement savings tools available to you. Even if you're contributing to a 401(k) or other plan at work, you should also consider investing in an IRA. What types of IRAs are available? The … Continued
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