Telemus Blog

The Best Diners in America

Food & Wine — Fri, 14 Feb 2020 15:58:29 GMT

For pilgrimage-worthy breakfasts, late-night hangs, and one-of-a-kind regional dishes, look to these classics.

Got a Big Raise? Increase Your Retirement Savings Now or You Might Pay Later.

Barron's — Thu, 13 Feb 2020 14:51:28 GMT

According to a new report by Morningstar, most workers continue to fund their retirement-savings accounts at the same rate after getting a raise, putting their extra income toward a better lifestyle—nicer cars, a bigger apartment or house, better vacations, more dining out.

Meet the New IRS Tax Form Specially Designed For People 65 and Older

MarketWatch — Wed, 12 Feb 2020 16:02:18 GMT

Congress required the IRS to develop a new form that was simpler and easier for senior taxpayers.

The Stretch IRA Strategy Is Largely Gone. Here Are 5 Alternatives to Consider.

Barron's — Tue, 11 Feb 2020 14:50:20 GMT

Passage of the most sweeping retirement legislation in more than a decade means certain beneficiaries can no longer take advantage of the “stretch” opportunity where a traditional individual retirement account could be drawn down over their lifetime to minimize the tax burden.

Monthly Commentary: January 2020

mdmytryszyn@telemus.com (Matt Dmytryszyn) — Mon, 10 Feb 2020 14:44:12 GMT

17 States That Will Gain or Lose Electoral-College Votes After the 2020 Census

Kiplinger — Fri, 07 Feb 2020 15:36:37 GMT

According to Election Data Services, at least 17 states will likely gain or lose seats—and electoral college votes—after the 2020 Census, based on the latest demographic trends.

How 10 Types of Retirement Income Get Taxed

Kiplinger — Thu, 06 Feb 2020 16:05:14 GMT

Unfortunately, most forms of retirement income — including Social Security benefits, as well as withdrawals from your 401(k)s and traditional IRAs — are taxed by Uncle Sam.

How to Select an Executor

Wealthmanagement.com — Wed, 05 Feb 2020 15:33:08 GMT

While deciding whom to name as an executor is often an afterthought among clients, effective implementation of their plan may depend on it.

Kobe Bryant and the Importance of Estate Planning

Wealthmanagement.com — Tue, 04 Feb 2020 14:40:12 GMT

Kobe Bryant made an estimated $680 million during his 20-year basketball career between endorsements and his actual salary.

Here's What You Need To Know About the Coronavirus Outbreak

Yahoo! Finance — Fri, 31 Jan 2020 15:02:30 GMT

While markets remain closed in China and Hong Kong, the virus’s spread has hammered Wall Street.