Your chance of being born on February 29 is 1 in 1,461. The chance is 1 in 4 that any given year will be a Leap Year. Every four years we get an extra 24 hours because our calendar year is not perfectly 365 days long. It takes the earth 365 days, plus six hours, to travel around the sun. Therefore, the purpose of February 29 is to keep our calendar aligned with the earth’s revolutions around the sun. ButRead More
With the new tax reform, now is a good time to re-evaluate your current and future tax strategies. With the ultimate goal of increasing after-tax return, the focus here will be less on items like standard deductions, personal exemptions or child tax credits and more on investment tax toolsRead More
What would you say if I told you that the company your financial advisor works for received revenue sharing payments of approximately $164,000,000 in 2012 from offering certain mutual funds, 529 plan programs, and insurance products? And that virtually all transactions related to these financial products involve product partners that pay revenue sharing to that company? The $164,000,000 spent on revenue sharing could have been added to your investment returns!!
As a result of a class-action lawsuit, the company now fullyRead More
How are we going to keep the skyrocketing price of college affordable for parents and students? Well, as of last week it just got a lot more difficult. The U.S. Senate failed to reach a compromise in their efforts to restore lower interest rates on student loans. The result? Congress was not able to send a bill to President Barack Obama for signature, and rates on subsidized Stafford loans doubled from 3.4% to 6.8%!
Student loans were a major componentRead More