Why a Roth IRA Might be Right for You
A Roth IRA is a retirement account with money contributed after taxes rather than money contributed pre-taxes like traditional IRA and 401k accounts. Because the taxes are paid before the money goes into the account, taxes are not due upon withdrawal. This can be a great benefit to this who are currently in a lower tax bracket than they expect to be in when they retire. Those in a lower tax bracket today don’t reap as big of a benefit in putting pre-tax money toward retirement as those who are in a higher bracket. One major benefit of a Roth IRA versus a traditional IRA or 401K is the...
Read MoreToday’s Tip for Success: Get Some Sleep!
Today’s Tip for Success: Get Some Sleep! Do you ever feel like this guy? Well, you’re not alone. The Gallup Organization reports that roughly 59%of Americans don’t get enough sleep. But what are the consequences? Can’t you just barrel through the day and “tough it out?” Ron Friedman, Harvard Business Review contributor, disagrees. He shares, “Missing sleep worsens your mood, weakens your memory, and harms your decision-making all day long. It scatters your focus, prevents you from thinking flexibly, and makes you more susceptible to...
Read More5 Things You Should Know About Social Media
5 Things You Should Know About Social Media Everyone knows that social media has been changing the way the world works–especially in business. Marketing just ten years ago isn’t the same as it is today. Here’s a few quick tips from Entrepreneur columnist, John Rampton, that will help educate your business’ social media decisions. 1. Facebook is moving towards an older demographic Rampton shares the following on Facebook users: “According to an infographic produced by Adweek using data from eMarketer detailing the demographic trends in social media for 2016,...
Read MoreTime Management: How to Find Time
Time Management: How to Find Time We live in a busy world and time is always of the essence. There is so much to do, so little time to do it. We often find ourselves saying “If only I had more time!” Well, if like most, you are on the constant hunt for more time, read on as we highlight some key points from Darren Hardy’s recent article “How to Wind the Ward Against the Clock” published in Success Magazine. Hardy points out that, really, we ALL- Oprah, the guy who never gets anything done, the busy mom who somehow raises 9 kids and get them...
Read MoreMiserable Tax Season Review
Miserable Tax Season Review “For the majority of taxpayers who filed their returns and did not require IRS assistance, the filing season was generally successful. For the segment of taxpayers who required help from the IRS, the filing season was by far the worst in memory.” – Nina Olson, Tax Payer Advocate After all that we read about, experienced and warned you all about during Tax Season 2015, we shouldn’t be surprised at the recent National Taxpayer Advocate’s dismal review of the 2015 filing season. We heard about the upcoming “miserable tax” season...
Read MoreWhitney Houston’s Estate Plan
Whitney Houston’s Estate Plan We’ve written on this blog before about celebrities and their notoriously bad Estate Planning. Often times these super stars leave their billions, homes, cars, jewels, royalties and family members in a big huge state of confusion, read about some specific cases in this post. With the recent passing of vocal icon Whitney Houston’s daughter Bobbi Kristina Brown, there has been quite a bit of media coverage regarding Houston’s estate. Whitney Houston’s Estate Plan was actually well in order and updated when she passed. She left...
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