Tag Archives | prudent plan


What Do Donations and Required Minimum Distributions (RMDs) Have in Common? Hint: Qualified Charitable Deductions (QCDs)

Are you over age 70 ½? Do you have Required Minimum Distributions (RMDs) where you don’t need the money for everyday expenses? Do you have charitable interests? Recall many charitable contributions may be tax deductible. If not applicable to you, do you know someone these questions may apply? The first question asks age 70 ½ […]

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1-minute video: How To Maximize Social Security SURVIVOR Benefits

Please enjoy this 1-minute video (for those receiving this by email: please click on the blog title line above to view). The video mentions Full Retirement Age as a reference to claiming Social Security benefits early, or late. Full Retirement Age depends on your birth year and is explained here. Here are other short articles […]

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When People Can, Should, or Must Enroll in Medicare

Like it or not (and most employers do not), health insurance in this country is employment related. Most employers offer health insurance as a tax-free employee benefit, and most working people get their health insurance through their work. Although plan options and pricing might vary from year to year, workers who get their health insurance […]

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What’s the AIM of both investing and planning?

The aim of retirement planning while working is to accumulate shares. The aim of retirement planning once retired is to conserve shares! Both working or retired, the aim is share management! The value of each share goes up and down over time. Shares are the store of wealth. Dollars are simply a measure of spending […]

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How should you really evaluate retirement health care costs?

A crucial part of retirement income planning is helping you estimate health care expenses in retirement, both in the first year of retirement and over a your life expectancy. These costs are notoriously difficult to estimate because they depend on: 1) a client’s health care usage (i.e., health status) both now and in the future; […]

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What to do, and not do, as an executor with the deceased credit cards?

What to do, and not do, as an executor with the deceased credit cards?

Male hiker exploring the Dolomites landscape So you’re the executor/successor trustee of the will/trust of a loved one. What do you do about their remaining credit card debt? Are you personally obligated to pay those from your funds? How do you close all those credit card accounts? What documents will you need to contact the […]

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