FINANCIaL
FIELd NOTES
I Got An Email From Experian - Equifax Settlement Follow Up
Back in 2019, I wrote on this blog about your options for the Equifax breach if you were one of the millions of people who had their personal information stolen.
Well, another two years went by before they finally sorted out the credit monitoring for all those that chose it. To be perfectly honest, I had forgotten about it. But then I got an email last week that read “Equifax Data Breach Settlement (Credit Monitoring Instructions and Activation Code)…”
Are 7.12% I-Bonds A Good Savings Fund In 2022?
One question I hear a lot is where should I put my emergency fund? Stocks are risky in the short-term and savings accounts are paying nearly 0%.
With inflation running high, one answer is potentially a good old-fashion US Government “I-bond”…
Is The Recent Market Correction Normal?
The stock market is off to a bumpy start to the year. As of market close on Friday, the S&P 500 was 8% off its high. Other parts of the stock market were down even more – the Nasdaq tech-heavy stocks were down more than 12%, small-cap stocks in the Russell 2000 were down 18%…
Tax-Wise Giving Strategies, Part 3 – Gifting Required Minimum Distributions
In part 3 of this series, I discuss how gifting required minimum distributions is a great way to give to charities, especially for those that typically cannot itemize their charitable deductions…
Tax-Wise Giving Strategies, Part 2 – Gifting Appreciated Investments
In part 2 of this series, I discuss how gifting appreciated investments is a great way to give more to charities in a tax-deductible way, while also benefiting from avoiding the capital gains tax and diversifying your investments…
Tax-Wise Giving Strategies, Part 1 – Bunching Gifts & Donor-Advised Funds
Most people begin to think about charitable giving strategies at the end of the year. However, I think January is the time to plan for the year ahead because there are many strategies that if implemented would change the way you give throughout the year.
Tax savings is not the reason we give to the charities we value. However, if you are planning to give, let’s not leave Uncle Sam a tip! Bunching gifts is a great way to do that…