The deadline for filing 2019 tax returns is April 15, 2020. If you’re still working as an employee or independent contractor, you can expect to receive any Form W-2s and Form 1099-MISCs from your employers or clients by January 31. If you’re due Form 1099-INTs...
Conventional wisdom dictates minimizing expenses if you want to stretch your retirement savings as far as possible. Traditionally, this has included paying off your home mortgage. However, a 2018 survey by a national mortgage broker indicates that practice may be changing. In fact, the survey...
How much have you saved for retirement? If you answered, “Not enough,” you’re not alone. According to Northwestern Mutual’s Planning and Progress Study 2019, 22 percent of Americans have less than $5,000 stashed away for retirement. Another 15 percent have no retirement savings at all....
Do you think a storm is headed towards the American economy? With steady economic growth over the past decade, some worry that the U.S. economy’s winning streak could be coming to an end. Between a slowing global economy, several ongoing trade disputes, and the upcoming...
[video width="1920" height="1080" poster="https://ortizworldwealth.com/wp-content/uploads/2019/09/endowment-university-1.jpg"][/video] U.S. endowments are exceptionally well resourced and have access to the best fund managers and private equity programs, which contributes significantly to their investment success. By adopting a more dynamic, proactive version of the asset-allocation principles used by these endowments, it is...
Federal employees are often unsure about what happens to their health insurance when they retire. There is confusion regarding premium payments, integration with Medicare, and whether or not retirees can even keep FEHB. It is important for federal employees thinking about retirement and federal retirees...
Tax time is fast approaching. If you’re a pensioner or retiree, you may be in for a big tax surprise if you didn’t review and adjust your withholding's earlier in the year. The tax code underwent a major overhaul because of a new tax law...
There are no radical changes to social security in 2018. There are, however, some minor amendments to the existing rules. Here are some of the changes that are taking place: Full Retirement Age Increases The full retirement age for social security benefits for Americans born before 1954...
Many people have been told to avoid probate. But what exactly does that mean? And how do you keep your heirs from having to go through probate? Probate is a legal process for transferring assets to the heirs. According to LegalZoom, probate costs American families about...
Setting up an estate plan ensures that your wishes are followed and that your heirs are taken care of after your passing. Save your family from hassle and unnecessary legal fees by taking steps to protect your estate. Unless you're an attorney, there's nothing good about...
Fill in your details below to download our free guide that details how you can Live Better and Plan Smarter.