Review Your Portfolio for Unrealized Capital Losses If you pay particular attention to what types of capital gains and losses you have, you can make the most of the tax savings available to you. Long-term capital gains on securities (those held for more than one year) are currently taxed at a maximum tax rate [...]
Browsing Posts published in March, 2012
Spousal Tax Relief When it comes to seeking spousal tax relief there are three types of innocent spouse tax relief: Equitable relief Separation of liability relief Innocent spouse relief Because of recent IRS changes, it has become easier to file for tax relief due to the other spouses problems with the Internal Revenue Service. Equitable [...]
Target Date Funds These types of funds are based on the number of years to target date. The more years to retirement or future target year the more aggressive the allocation will assume. In practice the target fund asset mix becomes more conservative as the fund gets closer to its target date. A Target-Date [...]
Mortgage REITs Mortgage REITs are currently paying fairly high dividend rates, some in excess of 18 %; however these types of investments will be affected by changing interest rates which will drive share prices downward and decease of dividend payout also will usually have a negative effect on share prices. As an investor you [...]
Homeowners’ Insurance for the Wealthy When you are a high-net-worth homeowner and you are reviewing homeowners’ insurance, what should be your considerations? The majority of high net worth owners are unaware of how exposed they are when it comes to carrying homeowners insurance. You should consider a company that focuses on the special needs of [...]
At What Age Should You Begin Collecting Social Security Benefits? Major factors are you’re: Health Status Family Longevity Personal Financial Consideration Career Choices Full retirement begins at age 66 for individuals born between 1943 and 1954 and rises to age 67 for individuals born in 1960 or later. However you may start retirement benefits [...]
Financial Planning for “Singles” Although single clients have many of the same needs as married couples, there are differences in tailoring financial plans. “They have to save and invest more – for raining days and emergency fund. Given the lower average income of an individual versus a couple, it is definitely more challenging for [...]
When a Fund Manager Leaves When a mutual fund manager leaves here are several factors you should consider. Will the fund still be a fit for you? If the new manager has a history of buying stocks that are more blend than they are pure growth, and the new fund’s mandate gives him or her [...]
What Are Unit Investment Trusts? What exactly is a “Unit Investment Trust”? There are quite similar to a mutual fund as they use professional managers to select stocks, bonds and other investments. They are an excellent option for investors seeking diversification and an income stream. Unlike mutual funds, UIT’s hold their initial investments for [...]
