Category Archives: 401(k)

Recharacterizing IRA Contributions and Roth Conversions

Qualified distributions from Roth IRAs are free from income tax at the federal level. If you convert your traditional individual retirement account (IRA), simplified employee pension (SEP) IRA, or SIMPLE IRA to a Roth IRA, therefore, federal income tax is … Continue reading

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Should You Pay Off Your Mortgage or Invest?

Should You Pay Off Your Mortgage or Invest? Owning a home outright is a dream that many Americans share. Having a mortgage can be a huge burden, and paying it off may be the first item on your financial to-do … Continue reading

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Home Mortgage Interest Deductions

What is a home mortgage interest deduction? If you itemize deductions, you can generally deduct “qualified residence interest” you pay on certain home mortgages taken in connection with your primary residence and a second residence. (You cannot deduct mortgage interest … Continue reading

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Strategies for Cash Alternatives

Introduction Cash alternatives, often used to fund a cash reserve, can be a useful financial tool for investors because they provide a low-risk place to hold money until it is needed for a future purpose. Convenience is the principal benefit of … Continue reading

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Repairing Poor Credit

What is it? Improving poor credit can be a long and arduous process. If you have struggled through a period of financial difficulty, or even filed for bankruptcy, your ability to obtain credit may be compromised long after you have … Continue reading

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Investment Tax Planning

Introduction Investment planning can be important for several reasons. However, any discussion of investment planning is incomplete without a thorough understanding of the applicable income tax ramifications. Tax planning can help you reduce the tax cost of your investments. Once … Continue reading

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Fidelity Netbenefits

FIDELITY NETBENEFITS Whether you are three months or three years away from retiring, The Retirement Group has and will strive to provide you with the best possible service in retirement planning.  A major benefits administrator that The Retirement Group works with is … Continue reading

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WEEKLY ECONOMIC UPDATE March 12th 2012

John Jastremski Presents: WEEKLY ECONOMIC UPDATE March 12th 2012 227,000 NEW JOBS, BUT JOBLESS RATE STILL AT 8.3% While unemployment levels remained unchanged in February, Labor Department data showed that nonfarm payrolls expanded by more than 200,000 positions for the … Continue reading

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WEEKLY ECONOMIC UPDATE February 13, 2012

John Jastremski Presents: WEEKLY ECONOMIC UPDATE February 13, 2012 WILL THE MORTGAGE ACCORD BRING MUCH RELIEF? While the $25+ billion settlement reached last week between five large mortgage servicers and 49 states was momentous, it may not help many borrowers … Continue reading

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Financial Aid 101

Financial Aid 101 Many parents pay for college with a combination of savings and financial aid. By learning the basics, you’ll be able to understand how the financial aid process works, properly fill out aid applications, and compare the aid … Continue reading

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