Sandwich Generation - Mark Stratis

Sandwhich Generation: Caring for Children and Parents

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Are you a part of the “sandwich generation”? Are you providing support and care for your parents as well as your children? Then this article will speak to you. As we continue to experience the effects on society and the economy of our…

Newly Enacted DOL Rules: What Affect Will They Have on my Retirement Savings?

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  There has been a notable amount of discourse concerning the “new” Department of Labor (DOL) rules regarding retirement plans, and specifically Individual Retirement Accounts (IRA), in the financial news over the last several months. Most…

Financial Spring Cleaning: What to Review, Update, or Toss

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    Now that the initial filing deadline for personal income returns has passed, it is good time to review your financial “house” and get things in order.   Here are some suggested things to do:   Secure Your Data Make…

What Can You Do if You Can't Add to a Traditional or Roth IRA?

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Traditional IRA and ROTH IRA plans are designed to allow investors to accumulate savings through contributions and earnings. Traditional IRAs allow for deferred taxes until withdrawals are made, but tax liability is triggered when funds are…

Watch Out Baby Boomers it’s Time to Begin Taking Your RMD

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It is estimated that over the next 18 years about 10,000 people a day will turn 70½. This will create a potential windfall for the Treasury Department, because these distributions are taxable at the highest marginal income tax rate. Why…

Things to Consider About Paying Off Your Mortgage or Should You Rent and Not Worry?

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Have you ever wondered if it makes sense to eliminate your home mortgage? Did you think about the interest expense and try to justify it with a tax deduction? Have you considered how illiquid your assets are if your home equity is a significant…
tax-exempt-income

Tax Exempt Income May Still Result in You Paying Taxes

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Uncertain when tax exempt income may be taxable? Many people are confused when it comes to tax exempt income. Tax exemption means the income is excluded from being taxed. Because municipal bonds are one of the few ways that individuals can…

Do you still need life insurance, even if the kids have grown?

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Most people are aware of the importance of having life insurance when they are raising a family. The untimely death of the family bread winner, especially when children are young, can have devastating effects on how the remaining spouse is able…

Will Your Pension Plan be There When You're Ready to Retire?

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Most people today acknowledge the change in retirement options. The days of the company sponsored pension plan began disappearing thirty years ago with the change in economics and demographics. It’s no longer a longevity issue alone for…
long-term-care-insurance

What Plans Do You Have for Long-Term Care?

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When my father passed away in 2013, my brother and I realized that my mom was not going to be able to continue to live in our family home and take care of herself on her own. We had the agonizing process of having to find a new home for her,…