Charitable Giving with RMDs

Once you reach age 70½, Uncle Sam wants you to start paying taxes on at least a portion of your IRA or 401k balance. He gets you to do that by requiring you to withdraw a percentage of money from your tax-deferred account, and every dollar that you withdraw from your...

Is Estate Planning for Everyone?

Most of the news we hear about estate planning involves the rich and famous who either planned poorly or failed to plan for the distribution of their assets after their death, but you don’t need to be rich and famous to have an estate planning need. Estate...

The Plan vs. Planning

The big game is almost here. For most of us in this area, the upcoming Super Bowl game will most likely be about the gathering of family and friends, enjoying some food, and anticipating the entertainment of the commercials. But what about the football game itself?...

Blog Series: The Master’s Difference

As we conclude our blog series, “The Master’s Difference,” today’s blog will focus on Master’s unique approach to creating a personalized financial plan. The primary reason for using the services of a financial planner is to get objective...

Long Term Care Blog Series: Financing

In the final installment of our long-term care blog series, we are discussing your options when it comes to paying for long-term care. According to JP Morgan’s Guide to Retirement, a woman age 65 has a 73% chance of needing some type of long-term care in her lifetime...