By Teresa Greenhill

Mental health difficulties can strike at any age. Even seniors can experience problems like anxiety and depression. According to Mental Health America, more than two million Americans over the age of 65 live with some form of depression, for instance. Possible symptoms include feelings of sadness and hopelessness, loss of concentration, unusual sleep patterns, suicidal thoughts, and a lack of interest in activities that…

Do you have competing financial goals?

From: REAP, LLC. | Retirement & Estate Advisors & Professionals

When it comes to your finances, it can seem impossible to manage everything at once.

And you’ll probably face competing priorities at some point: Should you save for retirement or contribute more to your child’s college fund? Should you pay off any outstanding debt or save for a bigger house?

Coming up with the right strategy can be challenging,…

8 Sources of Income Social Security’s Payroll Tax Can’t Touch

From: www.fool.com

The payroll tax generated more than 88% of the $1 trillion collected by Social Security last year, but some forms of income got a free pass.

If you’ve ever wondered how important Social Security is to the financial well-being of our country, here’s a fact to take to heart: Each month, roughly 64 million people…

Forbes Tax Guide 2020

From: Forbes

The Internal Revenue Service has announced the annual inflation adjustments for the year 2020, including tax rate schedules, tax tables and cost-of-living adjustments. These are the numbers for the tax year 2020 beginning January 1, 2020. They are not the numbers and tables that you’ll use to prepare your 2019 tax returns in 2020 (see page 11 for 2019 information). These are the numbers that you’ll use to…

How does retirement change your finances?

From: REAP, LLC. | Retirement & Estate Advisors & Professionals

Planning a successful retirement is about more than saving enough money. It also means learning to adjust your habits — financial and otherwise — to your new schedule and lifestyle.

Are you ready? Or at least headed in the right direction?

Whatever your current situation is, here are the factors to think about as you move into your post-work…

Uncharitable Giving

From: www.investmentnews.com

Charitable giving is undergoing a shift in the wake of the 2017 tax law, and could see yet more changes in the coming months and years as a result of legislation working its way through Congress.

Aside from a few tweaks, the tax law, which provided the most sweeping reform to the U.S. tax code in a generation, didn’t address charitable giving directly. Yet, charitable giving by…

By David H. Morgan

From talk given at Ormond Beach Presbyterian Church

In following up with the theme of today’s message, several core themes emanate that should trigger inner self-reflection and musing at this time in our lives.

1. Jesus said, “Feed my sheep.” What are all of us here doing to feed our sheep? Our flock includes not just the spiritual nourishment garnered here at OBPC every Sunday morning, but also others in our community, nation and…
   
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By David H. Morgan

I have been reflecting on the meaning of stewardship and its impact on our daily lives. As members of the church, the body of Christ, we are admonished to believe and embrace that our pledges truly emanate from the heart and the soul, and very rightfully so. However, I would be remiss to also have us embrace that sometimes, our gifts may incubate and emanate from the head, our mind….

A Case Study of Gurtin’s Municipal Tax Loss Harvesting Process

From: Gurtin

Goal: To Decrease or Permanently Eliminate Tax Liabilities

Tax loss harvesting with municipal bonds can help decrease or permanently eliminate tax liabilities investors have realized from capital gains in other portions of their overall investment portfolio. Using a systematic tax loss harvesting process, investors are able to sell securities that have depreciated in value and thereby realize losses that can be used to…

Optimizing Tax Strategy & Charitable Giving with a Donor Advised Fund

From: www.aefonline.org

One of the benefits of employing the use of a donor advised fund (DAF) in a charitable giving strategy is that, in certain scenarios, it can be utilized to separate tax strategy from charitable giving strategy. Because a donor always receives the tax benefits of contributing to a DAF in the year that…