August 2012 Newsletter

Planning Your Financial Future

August 2012

Here come the “dog days” of August.  I really can’t imagine many more hot and humid days, so let’s hope August is a calm, mild month.  No storms, and definitely no power outages.  If you haven’t taken a vacation yet (like me), then you may want to head someplace soon before the kiddies head back to school.

Speculating on the Future of the Federal Estate Tax
What’s the future of the federal estate tax? All we know is that no one knows for sure; it’s all speculation.

New 401(k) Plan Disclosure Rules
As self-directed 401(k) plans have grown more popular, the Department of Labor has become increasingly concerned that participants might not have access to information critical to making informed decisions about the management of their accounts–particularly information about investment choices, fees, and expenses.

Ways Parents Can Help Their Boomerang Kids
It’s been called the new retirement wild card. But it’s not inflation, health-care costs, or taxes. What is it that’s causing so much uncertainty? It’s boomerang kids, and the money their parents spend on them.

Is the Social Security Administration mailing out annual Social Security Statements?
The Social Security Administration (SSA) suspended mailing annual Social Security Statements in 2011, but resumed mailing these statements to workers age 60 and older in March. In May, the SSA unveiled an online statement service.

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