Blog

Blog Posts

  • Social Security Reset May Go Away

    September 1, 2010
    Sometimes things are just too good to be true. We have been talking with our retired clients recently about paying back Social Security benefits – interest and penalty free – that they may have started when they were 62 and starting over again now that they are 66 (or later). ...
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  • There Ain’t No Cure, But Is There An Upside To The Summertime Blues?

    August 4, 2010
    Those real estate soothsayers were correct. There has been a rather precipitous fall in sales activity since the expiration of the deadline for the federal tax credit on April 30. The Twin Cities market was off by 38.2% in June compared to June of 2009. And, yes, it appears that ...
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  • A Tax To Prepare For

    August 4, 2010
    Under the new health care legislation that was signed into law this spring, 2013 becomes an important year for many people. Starting in 2013, there will be a new 3.8% Medicare tax on unearned income (IRC Section 1411). It would be easy to just wait and see how this affects ...
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  • What is Your Long-Term Care Plan?

    June 30, 2010
    Fidelity Investments publishes an annual study, the Retiree Health Care Costs Estimate, which found a 65-year-old couple retiring in 2010 will need $250,000 to cover health care expenses, not including a nursing home.  This estimate is up 56% from when this study started in 2002; the 2002 estimate was $160,000.  ...
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  • Increase Your Social Security Income

    June 3, 2010
    The recent volatility in the market has caused a few clients to ask if there is anything we can do to make sure their income is not threatened.  They probably are thinking about their investments, but when my answer is to look towards Social Security they tend to be surprised.  ...
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  • Dog Bites

    June 3, 2010
    For all of us who own or owned a dog, the following quote from Roger Caras rings true: “Dogs are not our whole life, but they make our lives whole.” That sentiment is why dog ownership is at an all-time high in the United States.  Unfortunately, along with this significant growth in ...
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  • Estate Tax Trouble in 2010

    May 4, 2010
    While the absence of an estate tax in 2010 may sound like an ideal situation for many investors and their heirs, an in-depth analysis illustrates that previous estate tax rules may have been more beneficial for most individuals.  According to a report prepared by the Democratic staff of the House ...
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