Make your money work for you

If at age 25 you deposit $100 a month into a mutual fund with an annualized return of 10% a year, you’ll have about $640,000 when you’re 65. You’ll have deposited a total of $48,000 of your own money. On the other hand, if you procrastinate and wait until you’re 40 to start saving, you’ll ...
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10 year-end tax tips for 2017

Here are 10 things to consider as you weigh potential tax moves between now and the end of the year. 1. Set aside time to plan Effective planning requires that you have a good understanding of your current tax situation, as well as a reasonable estimate of how your circumstances might change next ye...
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How to respond to fraud or a data breach

Time is of the essence, whether your personal data has been compromised as part of a larger targeted cyberattack or you are the victim of fraud or an individual cybercrime. You’ll need to take immediate action to minimize the impacts. These are steps you should take within specified time frames af...
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Should you invest in Bitcoin?

Backgrounder Bitcoin is a new kind of global payment network that many consider to be a currency as valid as a dollars, euros, and yen. Bitcoin is meant to be a quicker, cheaper, and more reliable form of payment than money that’s tied to individual countries. In addition, it’s the only form of ...
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Three strategies to reduce your RMDs

Nothing lasts forever, not even the tax deferral on your IRA. When you turn 70½, the government will require that you withdraw money from your IRA; those withdrawals are known as required minimum distributions, or RMDs. But what if you don’t need the money? What if you want to avoid a tax hit? He...
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