The New Money

Posted December 2016

I recently read an article in the November, 2016 “True Wealth” newsletter that predicted the end of credit cards and cash as we know it. It was way above my pay grade, so I asked someone with a lot more knowledge about these things to review it and give me an opinion. This young man […]

Continue Reading

What Better Time

Posted November 2016

Low interest rates make the prospect of remodeling your home more feasible. If you are retired or approaching retirement, the time and energy needed to focus on such an important project may now be available when it wasn’t prior to retirement. Not only should you have the time to monitor the project, but you will […]

Continue Reading

Could You Do It?

Posted October 2016

As you son or daughter approaches a decision as to their college destination, one out of the box choice would be to explore college in Europe. There was an interesting article in Wealth Management for the month of September, 2016 that provided information that might be helpful. I guess the first decision will be whether […]

Continue Reading

Qualified Charitable Distributions

Posted September 2016

Qualified whats?  A qualified charitable distribution (QCD) is a tax-free distribution from your IRA to certain types of eligible public charities. They have been around for almost a decade and, in 2015, this tax planning tool has been made permanent. Let’s review some of the rules related to this action, as summarized in an August […]

Continue Reading

Medicare And Military Health Care

Posted August 2016

Since Alexandria has historically had a prominent military presence, I thought I would try and summarize an article from the June 13 Investment News publication. It discusses the interaction of health coverage for active duty personnel, TRICARE for Life for retired military and spouses, and veteran’s health benefits. While on active duty, most service personnel […]

Continue Reading

Possibilities and Opportunities

Posted July 2016

In recent weeks, there was an article in the Wall Street Journal that is, unfortunately for Louisiana students and parents, suddenly relevant in light of proposed TOPS changes. It concerns borrowing for college. If, in fact, TOPS awards are reduced, many families may look to federal student loans for help. They are generally available to […]

Continue Reading

First Computers

Posted June 2016

First, a disclaimer: if my computer is working, it is a wonderful piece of equipment; if not, I call for help, because I have no idea how to fix it. Having said that, there was an article in a recent edition of the Wall Street Journal discussing the smart way to pick out your child’s […]

Continue Reading

Social Security: True or False?

Posted May 2016

An article originally published on ThinkAdvisor.com discussed several Social Security talking points that you might find interesting. For example, “claim early, before your full retirement age, in order to get back your contributions”; or, “I don’t know how long I am going to live, so I’m taking it now”; or, “the Social Security program is […]

Continue Reading

Before It’s Too Late

Posted April 2016

According to an article in the September 28, 2015 Wall Street Journal, 70% of people die in hospitals, nursing homes and long term care facilities, even though, if given a choice, they would have preferred to spend their last hours at home in familiar surroundings with family and other loved ones. In order to achieve […]

Continue Reading

Hazardous Inheritance

Posted March 2016

I had a call today from the son of one of my clients who recently passed away. She had an IRA and he and his brother were named as beneficiaries. His questions were a perfect lead in to an article in Kiplinger concerning inherited IRA’s, which, if not handled correctly, can lead to unpleasant consequences. […]

Continue Reading