12.05.2016

Cant find your old Pension Plans or Retirement Plans?

Hello RE Nation,


So, maybe you only worked at one or two places your entire life, and you may have decided before leaving the company to sign up for an account to be able to review your benefits (by the way this is something that everyone should do as an employee anyway to ensure that you are aware of and taking full advantages of all benefits that may apply to you), so you have kept track of your retirement accounts.  Great. 


But what about if you have been the employee that made its mark on multiple companies in your work life you just may have left behind with that company or who knows how many others, a piece of your current and future wealth. We just helped an individual reconnect with an old Pension Plan, that they completely forgot was even in existence.  Nice chunk of change that they were

Older Worker ? Use your experience

Thinking that your options for productive work is diminishing as you age?  Well on the face of it, that may be true, but this article from the Wall Street Journal has a different take that suggests that the conventional wisdom that its exceedingly difficult or near impossible to obtain work as you age - say over 55 - might be quite a tad off base.  Link to the article here - Five Myths About Landing a Good Job Later in Life . 


Share with our RE nation your experiences great or not-so-great in obtaining work in later life in the comment section below.

3.16.2016

Be Aware! Tax Information Phone Scams have increased.

Hello Nation,


The IRS has indicated that the number of phone scams trying to get at your personal tax information has increased.  Scammers are calling taxpayers on the phone and indicating that they are IRS employees needing to verify your personal information.  The scammers seek to have you confirm the personal information they already have and get you to supply other personal information, the information they need, to do you significant damage.   The IRS again indicates that they do NOT call individuals for that type of information.  


The caller who already has some of your personal information aims to

1.08.2016

Happy New Year - Odometer Readings?

So I am sure you don't need this reminder, but when you were ringing in the New Year, did you remember to jot down the odometer reading for January 1, 2016?   This is helpful in determining just how many miles you drive during the year in 2016, it will also be the ending odometer reading for your 2015 mileage.  


Beginning on Jan. 1, 2016, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:
  • 54 cents per mile for business miles driven, down from 57.5 cents for 2015
  • 19 cents per mile driven for medical or moving purposes, down from 23 cents for 2015
  • 14 cents per mile driven in service of charitable organizations
Keep track of your miles, they add up.
"No matter who you are, making informed decisions about what you do with your money, will help build a more stable financial future for you and your family." Alan Greenspan

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