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The chart below from the IRS shows more taxpayers claimed the standard deduction this year versus the prior year, from all income levels.  The Tax Cut and Jobs Act (TCJA) changed the law to limit certain itemized deductions and increase the standard deduction, making i...

April 11, 2019

Do you have what it takes to be a millionaire woman? According to the book “Millionaire Women Next Door” the most common factor of financial success named by millionaire women is perseverance.  

The millionaire women researched in the book shared other es...

March 1, 2019

Navigating the complex world of healthcare is confusing, and unfortunately that does not change when you are eligible for Medicare. This article discusses some of the key items to remember when enrolling in Medicare.

First, don’t miss the enrollment deadline. You may en...

February 13, 2019

For people who want to retire early there is a long list of factors to consider before making it official. Finding a solution for health insurance before you become Medicare eligible at age 65 is close to the top of the list. Below are a few options to explore.

The Cons...

January 28, 2019

Experts in the field of behavioral finance have done much research on the emotional reasons why people are savers versus spenders. Being a saver is typically good for your financial security, but it may come with some emotional baggage.

People who save may not just be s...

November 19, 2018

Rankings of the best places to live are published on a regular basis.  These rankings may look at criteria such as climate, crime rates, healthcare accessibility, job market, and educational opportunities.  These qualities are essential factors to consider when making...

November 1, 2018

The Internal Revenue Service announced higher retirement plan contribution limits for 2019. The amount employees are eligible to contribute to a 401k or 403b plan at work will increase from the annual limit of $18,500 in 2018 to $19,000 in 2019. The catch-up contributi...

July 11, 2018

Governor Reynolds signed Iowa’s tax reform bill into law in May with the intent to modernize and simply Iowa income tax law.  Changes in the law are set to phase-in over time and some hinge on the State meeting revenue projections before going into effect. 


August 2, 2017

Why is it people tend to think wealthy people are lucky, inherit their money, or worse, cheat? 

While this may be true in some circumstances it is not the case the majority of the time.  Although dated, the book "The Millionaire Next Door," provides demographic statisti...

July 20, 2017

Consumers are seeking fiduciaries, one who works in the best interest of the consumer with no consideration to themselves, in larger numbers than ever before.  Why? People want to be confident the advice they receive from professionals is in their best interest.  The f...

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