Single Point of View
Single Point of View is our way to occasionally share planning ideas relating to personal finance. Our goal is to pass along concepts that you may not be exposed to on a daily basis.
How Budget Proposals Could Impact Your Estate Planning
President Obama’s recently published FY2016 budget includes several tax proposals which, if enacted, would significantly affect the estate planning landscape.Our friends at Pabian & Russell, LLC, a respected Boston law firm practicing in the areas of Elder Law, Corporate Law, Estate Planning and Taxation, have written a great overview of these proposed changes and the impact they could have on [...]
The Value of Peace of Mind
We help people analyze decisions that impact their financial future everyday. Often times, the analysis that goes into making a financial decision is focused on what will have the most positive impact on your bottom line. However, we are often reminded that the choice that may have the "best result" from a financial standpoint is not necessarily the one that [...]
Save On Your Electric Bill
It's Sunday, which means another snow storm in Eastern Massachusetts. As I listen to our apartment's forced hot air fan turn on again, I can't help but think about my electric bill. Last month, we were victims of, "yes I know rates are going up, but really, how much could it impact us?" Well, it did. Combine the winter weather [...]
Survivor's Guide Checklist
This financial checklist is in no way meant to be legal recommendations and is intended to get you started on tying up loose ends related to a loved one’s passing. A couple of things to note: 1. Since each estate is unique, your own legal and accounting professionals should guide you through the overall process. 2. If you are a Trustee, the [...]
Medicare & HSAs
A quick note about the impact of filing for Medicare on HSA plans. If you are still working past 65, and are enrolled in an HSA plan through your health insurance plan, you want to be careful about your selections for Medicare.Enrolling in any part of Medicare, including enrolling only in Part A, makes you ineligible to contribute to an [...]
Retirement Plan and HSA Limit Increases for 2015
The numbers were released back in October, but the first week of January is the time where many folks increase their automatic deferrals into 401k plans and other tax favorable accounts. With that said,we thought it would be timely to remind everyone of the increase in limits for 2015. Below is a brief summary of the most common accounts we [...]