September 2012


The presidential campaigns shift into high gear after Labor Day with the first Obama/Romney debate scheduled for October 3rd in Denver. The focus will be on domestic policy. It's a sure bet that taxes and the federal debt will be discussed. 

The Biden/Ryan debate that follows on October 8th from Danville, Kentucky will feature both foreign and domestic policy issues. This is currently the only debate scheduled between the vice-presidential candidates. 

The presidential candidates will meet two more times before the election: October 16th from Hempstead, NY and on October 22nd from Boca Raton, FL.

Breaking Down the Taxpaying Population: Where Do You Fit In?
Were you in the top 50% of federal income tax filers for 2009? The top 5%? The answer, based on IRS statistics, might surprise you.

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Should You Make Large Gifts in 2012?
Currently, the exemptions for federal gift tax, estate tax, and generation-skipping transfer (GST) tax are at historic highs, and the gift, estate, and GST tax rates are at historic lows. But, in 2013, the exemptions are scheduled to substantially decrease, and the tax rates are scheduled to substantially increase. This raises the question of whether 2012 might be a good time to make large gifts that take advantage of the current exemptions while they are still available.  More Details

Withdrawals from Traditional IRAs
In these challenging economic times, you may be considering taking a withdrawal from your traditional IRA. While you're allowed to withdraw funds from your IRAs at any time, for any reason, the question is, should you?

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Do I have the right type of life insurance?
Your life insurance needs change as your life changes. That's why it's a good idea to periodically review your coverage to be sure your insurance fits your circumstances.

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Should I buy my life insurance through my employer or on my own?
Buying life insurance through your employer can be a relatively inexpensive and hassle-free way to get some of the life insurance coverage you need.

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