Managing Your Money Blog
Capital Gains Distributions - Wolves in Sheep's Clothing
Submitted by S. F. Ehrlich Associates, Inc. on January 14th, 2019
January 14, 2019
By: John Zeltmann
At year-end, mutual fund companies often distribute gains to shareholders in the form of capital gains distributions. Even if the fund is down for the year, shareholders may have a tax liability in their taxable accounts. These distributions are sent to investors via check, automatically deposited as cash to their brokerage account, or reinvested into the issuing mutual fund. For those investors receiving the cash distributions, many see them as welcome arrivals - year-end bonuses, if you will. But as with many things in life, it's not that simple.
Stan's World - The Value of Giving Back
Submitted by S. F. Ehrlich Associates, Inc. on January 4th, 2019
December 31, 2018
Whether we’re driven by the season, the holidays, or a new year, this is often the time of year for reflection. As long-time readers of Stan’s World can attest, I’m a big fan of volunteerism. Numerous studies have validated the physical, spiritual, social and emotional benefits of volunteerism, and I’ve been a beneficiary.
The Tax Laws Pertaining to Your Home Continue to Confuse
Submitted by S. F. Ehrlich Associates, Inc. on January 4th, 2019
December 31, 2018
While the last time there was a significant change to the rules when selling a home occurred in 1997, many people seem to mix the old and ‘new’ rules when trying to figure out whether the sale of their home is taxable or not. Here is a brief refresher, compliments of Tim Steffen writing in Investment News1.
Potential Cost Savings on Medicare and Prescription Meds?
Submitted by S. F. Ehrlich Associates, Inc. on January 4th, 2019
December 31, 2018
If your health insurance is through Medicare, you might be paying too much for prescription medications.
Consumer Reports1 conducted a study in six cities that involved three Part D prescription drug plans. In each of the six cities, they “looked at two pharmacies and checked prices for generic versions of five common drugs.” In Denver, “Someone filling prescriptions for the five drugs we looked at, plus paying a $16 monthly premium, could pay as little as $524 for a full year. But another person – at the same store with the same prescriptions but a different plan – would pay $1,686.”
By The Numbers - December 2018
Submitted by S. F. Ehrlich Associates, Inc. on January 4th, 2019Stan's World - Winning and Losing
Submitted by S. F. Ehrlich Associates, Inc. on November 15th, 2018Preparing for the Unthinkable - Part 2
Submitted by S. F. Ehrlich Associates, Inc. on November 15th, 2018
November 15, 2018
By: John Zeltmann
Since my Dad's passing earlier this year, my Mom and I have spent countless hours wrapping up his finances. I thought I'd share my impressions from the past several months, highlighting lessons we learned from bumps in the road they managed to avoid (as well as some they didn't).