An important part of managing your personal finances is keeping your financial records organized. Whether it's a utility bill to show proof of residency or a Social Security card for wage reporting purposes, there may be times when you need to locate a financial record or document--and you'll need … [Read more...]
Windward Passages: Maintaining Your Financial Records – The Importance of Being Organized
Windward Tax Bulletin: What Will You Pay for Medicare in 2018?
The Centers for Medicare & Medicaid Services (CMS) has announced that the standard monthly Part B premium in 2018 will remain $134 (or higher, depending on your income). In 2017, most Medicare beneficiaries who received Social Security benefits paid a lower monthly premium ($109, on average). … [Read more...]
Windward Passages: Protect Yourself From Identity Theft
Coping with Identity Theft In general Whether they're snatching your purse, diving into your dumpster, stealing your mail, or hacking into your computer, they're out to get you. Who are they? Identity thieves. Identity thieves can empty your bank account, max out your credit cards, open new … [Read more...]
Too Good To Be True Tax Planning
Author: Darrell R. Tierney CFP® CPA PFS Let’s talk about one of the best Federal income tax benefits available. Most tax benefits are symmetrical. If your account contributions are deductible (i.e. a traditional IRA), your account distributions are taxable. Similarly, if your contributions are … [Read more...]
How can you get a copy of your credit report?
You can request your credit report by mail or online. Visit www.annualcreditreport.com. Here you can either view the report online or download a request form to have your report mailed. There are three credit report agencies: Experian, TransUnion, and Equifax. Each provides a free … [Read more...]