As published in Racine Journal Times | November 7, 2013 One of the least understood aspects of Social Security income is how it’s taxed. Sometimes it’s known as the “tax torpedo” because taxes on Social Security benefits can be minimal or nonexistent until all of a sudden they blow up with the potential of almost…
In this month’s issue: Justus Morgan’s article: Social Security Social Security Workshop to be held on November 20. Thanksgiving office hours. Closed November 28 & 29. Download this month’s newsletter
In this month’s newletter: Justus Morgan’s article: When paying no income tax is a bad idea November workshop announcement: Social Security & You New web site to launch in November Download this month’s newsletter
As published in the Racine Journal Times | October 3, 2013 I recently met with someone who was very proud that she had accumulated enough in her bank savings account that she wouldn’t have to draw from her retirement accounts until several years into retirement. She was a bit confused when I told her she…
As published in the Racine Journal Times | September 5, 2013 Have you been divorced? Have you worked at the same company for decades? Have you owned a life insurance policy since before you were married? If you answered yes to any of these questions, then you may want to take a few minutes to…
[vc_row][vc_column width=”1/1″][vc_column_text disable_pattern=”true” align=”left” margin_bottom=”0″]One of the key components to your estate plan is having a long-term care plan in place. Long-term care is defined as “care needed for a period of greater than 100 days,” according to Allen Hamm, author of “How to Plan for Long-Term Care.” In this unique workshop delivery, Allen Hamm…
As published in the Racine Journal Times | August 1, 2013 You may have been surprised in the past month when you opened your retirement or investment account statement to see you lost money in your bond funds. While it’s true that bonds are typically safer than stocks, this doesn’t mean they are immune from…
As published in the Racine Journal Times | July 11, 2013 What would you say if I told you after age 60, you make worse decisions with your money? You might disagree which is actually because you also become more confident in your decision-making skills. In other words, the actual decisions you make are worse…
Featured in this month’s To Your Wealth: Financial Service Group is a proud sponsor of the 4 Mile Competitive Run for the 2013 Lighthouse Run We will be hosting another wine and food tasting to open up Racine’s August First Fridays festivities Justus Morgan penned a great column about college savings for the Racine Journal…
Saving for college doesn’t have to be as expensive as you think An interesting survey conducted by Edward Jones earlier this year indicated that 69 percent of Americans were unaware that 529 Plans were for college savings. I’d like to think that the other 31 percent who know about 529 Plans are the ones with…