Author: Parkshore

What Is a Fee-Only Financial Advisor?
21 May

What Is a Fee-Only Financial Advisor?

     There are many types of financial advisors, and the terms used to describe them can be confusing or sound interchangeable. However, when you’re trying to find an advisor, it’s important to understand the differences in how they are compensated so that you can make the...

27 Apr

TSP Withdrawal Options Are Changing

New rules could soon mean more flexibility. By 2020, federal employees with Thrift Savings Plan (TSP) accounts should have new withdrawal choices for their invested assets. New rules are to be implemented through the TSP Modernization Act, permitting TSP participants more flexibility.1 The TSP withdrawal rules have...

28 Mar

Will Giving Decline?

The loss of the charitable tax deduction could hurt nonprofits. Charities are wondering if they will lose out on millions this year. The federal tax deduction for charitable contributions has disappeared because of the recent tax reforms. The standard federal income tax deduction is now $12,000—make that...

28 Mar

A Retirement Gender Gap

Why a middle-class woman may end up less ready to retire than a middle-class man. What is the retirement outlook for the average 50-something working woman? As a generalization, less sunny than that of a man in her age group. Most middle-class retirees get their income from...