The Importance of TOD & JTWROS Designations A convenient move that could ward off probate on your accounts. TOD, JTWROS – what do these obscure acronyms signify? They are shorthand for transfer on death and joint tenancy with right of survivorship – two designations that permit automatic transfer of bank or investment accounts from a…

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Weekly Economic Update In this week’s recap: the “yield curve” inverts for the first time this decade, the Federal Reserve adjusts its stance on interest rates, and the price of oil climbs.   THE WEEK ON WALL STREET Friday, the yield of the 3-month Treasury bill exceeded the yield of the 10-year Treasury note for…

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As a small business owner, you may want a better retirement plan – one that will let you and your key employees save much more for retirement. If the annual contribution limits on standard retirement plans disappoint you, you should know about these alternatives. Simplified Employee Pension plans (SEPs). A SEP allows your business to…

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Gradual Retirement Not everyone retires the same way – or at the same pace.    Are you in a hurry to retire? Not everyone is rushing to that particular finish line. According to the 2018 retirement survey from the Transamerica Center for Retirement Studies, which gauges the outlook of American workers, 56% of those who…

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No, That Is Not the I.R.S. Calling Watch out for crooks impersonating I.R.S. agents (and financial industry professionals).       Do you know how the Internal Revenue Service contacts taxpayers to resolve a problem? The first step is almost always to send a letter through the U.S. Postal Service to the taxpayer.1   It is…

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