I helped my parents move 3 times to different retirement communities, and I’ve learned a lot the hard way. The first move was from their home of over 40 years to an independent living community in our hometown of Tuscaloosa. Mom and Dad settled in, made friends, and lived there for 8 years until my …
Continuing education—thank goodness it is required for CFP® professionals because CE brings us knowledge that we likely would not have otherwise. One of the most memorable sessions I’ve attended had to do with long term care, presented by Jack Broyles. Many of you may remember his father, Coach Frank Broyles of Arkansas. Sadly, Alzheimer’s set …
Today’s guest blog is by Peggy Fortson, CLTC, LTCP, CSA – Long Term Choices, Inc. Peggy Forston will be in the Bridgeworth Birmingham office for two sessions on Monday, April 30: 10:00 am and 2:00 pm. See the invite below to make a reservation. Seating is limited. That popular image of a behemoth nearly crowding …
Happy 20th Birthday, Roth IRA! On August 5th 1997, Bill Clinton signed the Tax Relief Act of 1997 into law. This new tax law created a new type of IRA for American savers. The IRA was named after Delaware Senator William V. Roth Jr and the Roth IRA became available in January 1998. To celebrate …
With markets continuing to boom, many people are seeing their stocks and other securities gain value quickly. One way to best make use of that growth—and avoid tax penalties for it—is to gift appreciated securities directly to the charitable organization of your choice. It’s a great option and many simply overlook this special tax provision. …