By Jeff Zysik Co-founder of Charitable Entity Administration, LLC (CEA) There are many methods and platforms for carrying-out your charitable giving. In recent years, however, one charitable vehicle has zoomed to the fore-front of charitable planning — the donor-advised fund, or DAF. Why? Because in addition to offering the most attractive tax deduction rules, donor-advised accounts provide flexibility that other [...]
By Home to Home Guilford You’ve decided you’re going to pack for your move. It’s been a long time since your last move and you’re trying to figure out just where to start. Here are some helpful tips from professionals at Home to Home, senior move managers. Go out and purchase three boxes and a roll of tape. Buy one [...]
Linda P. Erickson Linda P. Erickson, CFP®, is the president of Erickson Advisors and a registered principal offering securities through Cetera Advisor Networks, LLC, 336-274-9403 lindae@ericksonadvisors.net. Just to review: What is a Roth IRA? A Roth IRA is funded with “after tax” dollars, grows free of all income and capital gains taxes, and produces no income tax upon withdrawal. [...]
The services of SHIIP, the Seniors’ Health Insurance Program of the North Carolina Department of Insurance, are not only for people aged 65 and older. SHIIP also provides free counseling about Medicare to people on Medicare due to a disability. Before you can receive Medicare due to a disability, you must have received Social Security Disability Insurance for a period [...]
Do you ever have difficulty paying for your prescription drugs? Do you have limited income and assets? If you answered "yes" to either of these questions and you are a person with Medicare, Extra Help may be available for you. The federal Extra Help program assists qualified Medicare beneficiaries with out-of-pocket expenses associated with Medicare Part D prescription drug expenses. [...]
Mike Palmer Managing Principal Ark Royal Management 3700 National Drive, Ste. 218 Raleigh NC 27612 919-710-8655 Wouldn’t most of us like to lose a few extra pounds or commit to a daily fitness routine? The challenge comes in actually doing what is required to achieve those goals. We start eating healthy, but can’t resist a late night bowl of ice [...]
DIY or Hire a Professional? Even the closest of families have a difficult time staying out of conflict during the downsizing process. If one or more siblings are involved in sorting and downsizing past memories and collected possessions of their parents, it can quickly unwind and get stressful. It takes time and patience. So, for some families, it may make [...]
How can you tell legitimate contests from bogus sweepstakes and lotteries? AARP’s Money Newsletter suggests the following five ways. 1. It’s a scam if you have to pay anything to enter or collect winnings. 2. Scammers request that fees be paid via wire transfers or prepaid debit cards which are hard to trace. 3. If you did not enter a [...]
When credit-reporting company TransUnion polled boomers recently regarding their credit score, nearly half thought it was no longer important. They were wrong. Your credit is a vital financial tool at every age because it predicts the likelihood you’ll pay your bills. Lenders use it when offering a mortgage, auto loan or credit card. Insurers also look at it to set [...]
Linda P. Erickson Linda P. Erickson, CFP®, is the president of Erickson Advisors and a registered principal offering securities through Cetera Advisor Networks, LLC, 336-274-9403 lindae@ericksonadvisors.net. When a spouse dies, most widows go through a predictable, but no less devastating, series of emotions. Kathleen Rehl, an acknowledged expert on this subject, says there are perhaps three stages of this [...]
