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Five Ways for Women to Take Charge of their Financial Futures

Money Talk

I recently attended a webinar about women’s finances presented by the FINRA Investor Education Foundation in cooperation with the New York Public Library. Among the statistics that were presented from various studies are the following: ¨ 37% of women have high financial knowledge (vs. 52% of men) ¨ 48% of women (vs.

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Individual Retirement Accounts: What You Need to Know

Money Talk

The 2023 income tax filing deadline is only days away (April 15, 2024 in most of the U.S.). It will be a busy weekend for many taxpayers and tax preparers who are filing tax returns or tax filing extensions. money that has been taxed) and can be withdrawn at any time for any reason tax-free and penalty-free.

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Can Farmers Ever Afford to Retire?

Money Talk

In addition to writing monthly Small Steps to Health and Wealth™ financial messages , I also present online webinars and class segments. I recently presented content for Annie’s Project-NJ ; a program designed to build the skills of women farmers in New Jersey. health insurance). barn, silo, riding arena), farm equipment (e.g.,

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Annuity Myths and Facts

Money Talk

Three Types- Fixed annuities are like CDs, only tax-deferred, and guarantee a certain interest rate for a specified time period. Variable annuities are like mutual funds, only tax-deferred, and their owners select underlying mutual funds, called subaccounts, which determine an annuity’s performance. Medicaid planning, 2.

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The Opioid Crisis and Personal Finance

Money Talk

Below are my take-aways from the conference presentation: Staggering numbers - According to various U.S. criminal justice and incarceration expenses and reduced income tax and FICA tax revenue). My role on the panel was to discuss the financial implications of the opioid crisis on individuals, families, and the country.

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Does Bitcoin belong to 401(K) plans?

HR Digest

An increasing number of employees now have access to cryptocurrencies like Bitcoin in their 401(k) plans. The digital currency revolution has been happening for years now, but many people still don’t know what Bitcoin is or how it should be handled in their 401k plan. Advantages of 401(K) crypto investments.

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Highlights From a Women’s Retirement Class

Money Talk

Below are seven key take-aways that I gleaned from the presentation and accompanying materials: Income Gap - This is the difference between an individual’s (or couple’s) total retirement income from various sources (e.g., Baby Boomers were “guinea pigs” for the use of 401(k)s, often as a substitute for defined benefit pensions.

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