Savant Blog

Savant offers perspective on a variety of topics. Entries range from current events to timeless insights in the world of finance and investments.

05 Oct
October 05, 2016

Most people dread the annual ritual of gathering all their tax documents, preparing their return, and the April 15th tax due date. Some people even choose to avoid the deadline and file an extension, prolonging the process. No matter how you approach it, your taxes will have to be filed.

The IRS has its own agenda for auditing tax returns each year. In general, here are some known areas the IRS likes to target when looking for individuals or entities to

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01 Sep
September 01, 2016

Retiring or changing employers is a big transition for most people. One way to maximize this time of change is to utilize a unique opportunity to roll your 401(k) monies from your old employer’s plan into an IRA. Doing so provides you with more flexibility and control over your retirement savings.

When leaving an employer you generally have three options for your 401(k) monies:

Leave your funds in the 401(k) plan
Take a direct distribution of the funds (penalties may apply if you

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02 Aug
August 02, 2016

Let’s face it…summer is almost over. You can blame Earth’s axis for not standing up straight, but you’re probably too busy trying to soak up the last of the sun’s warmer rays. While relaxing pool side, check out these 10 tips to help you gear up for college this fall.
1. Call the Financial Aid Office

Did you fill out the FAFSA? Make sure your college has an updated version to ensure your financial aid is current and not delayed. Check out

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27 Jul
July 27, 2016

You may be a fan of do-it-yourself (DIY) projects. A visit to Home Depot or a search through Pinterest shows the popularity of a wide variety of DIY projects. Many folks are taking the DIY approach with their estate plan. Online document preparers offer a low-cost solution for simple estate planning. But beware of many pitfalls to this approach.

Complexities are often hard to detect.

You might not realize what complexities exist in your situation. Family circumstances, asset characteristics, net worth, and

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19 Jul
July 19, 2016

Many in the financial media tout the benefits of the early paydown of the home mortgage as one of the best financial strategies a family can implement. Unfortunately, this is one of those cases in which the rule of thumb can be completely wrong, particularly when it is not adapted for individual circumstances. Similar to consulting with a doctor before starting an exercise regimen, families should consult with a qualified financial professional before launching an accelerated mortgage paydown

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