Should I Consider Combining Long-Term Care and Life Insurance?
We have an aging population. It’s not uncommon for people to spend more than a third of their lives in retirement. You work hard and save money so you can enjoy those years and pass something down to your children. But what happens if you get sick for a long period of time? Most health […]
What Does Google Know About Me?
LFL Veritas thanks Ron Buesing of Certus Technologies for sharing his expertise for this blog post. Quite frankly, the amount of data that Google collects about people each day is shocking. What’s even more shocking is that the average person has no idea what information they permit Google to collect, who has access to this […]
Why a Levy Should Never (Ever) Be Ignored
In a previous post, we discussed liens, the different types, and what to do if you have a lien against your property. A lien is a legal claim placed on a property that you own or use, such as your home or car. A creditor may file for a lien so they can take possession […]
8 Common but Preventable Tax Filing Mistakes Made by Individuals
The IRS doesn’t like mistakes. Neither should you. Mistakes translate to a longer processing time for your tax filing. Mistakes could mean a delay in a refund. Even worse, mistakes could result in an audit, which takes time and money to respond to and manage. Depending on the nature of your mistake, you could face […]
Understanding the Basics of Charitable Giving
There’s a reason why nonprofits devote so much time and energy to end-of-year fundraising campaigns. According to Network for Good, 30 percent of all charitable giving happens during the month of December. In fact, 12 percent of all giving happens in the final three days of the year. While many people are in a giving […]
What Should Your Company Do When Cash Gets Tight?
Every business goes through ups and downs. Many have mechanisms and safeguards in place to compensate for the “downs.” However, even the best-laid plans sometimes don’t pan out due to unpredictable events, and the result can be a temporary cash shortfall. Some businesses get dangerously close to the point at which they won’t be able […]
When and How to Collect Social Security
The Social Security Act was signed by President Roosevelt in 1935, due in large part to the economic hardships brought on by the Great Depression. Although some of its provisions were intended to provide immediate relief for families, Social Security was primarily created to provide reliable income that would serve as a safety net for […]
Why You Should Start Contributing to Your 401(k) as Early as Possible
Years ago, most companies offered pensions to employees. These employer-maintained retirement accounts ensured the employee would receive income, either monthly or in one lump sum, based on how long they worked and how much they earned. That’s no longer the case. In fact, a study from Towers Watson found that the number of Fortune 500 […]