Penelope Wang wrote an article for CNNMoney and the March issue of Money Magazine on how to Make the Best of a Bad 401(k). It includes solid advice on how to work around limitations and poor features in employer-sponsored retirement plans. I am mentioned in the section on what to do if your employer does […]
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Entries by oliverplanning
The Motley Fool has long been known for its independent investment advice for do-it-yourselfers. But the Fools (that’s what they call themselves) also recognize that their members may need occasional or ongoing professional financial advice. To this end, The Motley Fool has entered into a partnership with the Garrett Planning Network as a preferred option […]
With 2010 just around the corner, it’s time to get familiar with the key numbers that may affect your financial planning in the coming year. Below is a list of the essential numbers and phaseout ranges for 2010. Maximum contribution to a Traditional or Roth IRA: $5,000 + $1,000 catch-up if age 50 or over […]
Even though the end of the year is rapidly approaching, there is still time for you to take advantage of these year-end financial planning tips: Use up any balances in your Medical Flexible Spending Account. Remember that you will lose any balances that you do not use. Check with your plan provider for eligible expenses […]
I was quoted in the July-August 2008 edition of the CFA Magazine in an article (PDF) about reconciling different points of view between clients and advisers. I discuss educating a client about the expense and diversification ramifications of choosing value-based investments.
I’ve had a number of clients ask about identity theft and credit monitoring. I think it’s a good idea to keep tabs on your credit reports and score, but I don’t think that most of us have to pay for an expensive monitoring service. Unless you have a specific reason to believe that you are […]
If you are like many of my clients, you may be wondering if you should convert your Traditional IRA or old 401(k) to Roth IRA next year in 2010. As you may know, the income limitations for conversion are repealed in 2010, and you can choose to pay the taxes owed on a 2010 conversion […]