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Spring Cleaning Your Way to Better Finances
Submitted by Madison Planning Group on February 19th, 2020Due Date Approaches for 2019 Federal Income Tax Returns
Submitted by Madison Planning Group on February 19th, 2020
Tax filing season is here again. If you haven't done so already, you'll want to start pulling things together — that includes getting your hands on a copy of your 2018 tax return and gathering W-2s, 1099s, and deduction records. You'll need these records whether you're preparing your own return or paying someone else to prepare your tax return for you.
Life Insurance and Estate Planning
Submitted by Madison Planning Group on January 29th, 2020
Life insurance has come a long way since the days when it was known as burial insurance and used mainly to pay for funeral expenses. Today, life insurance is a crucial part of many estate plans. You can use it to leave much-needed income to your survivors, provide for your children's education, pay off your mortgage, and simplify the transfer of assets.
Adjusting to Life Financially after a Divorce.
Submitted by Madison Planning Group on January 17th, 2020How can I lower my credit card debt??
Submitted by Madison Planning Group on January 17th, 2020The SECURE Act Offers New Opportunities for Individuals and Businesses
Submitted by Madison Planning Group on January 17th, 2020The SECURE Act Offers New Opportunities for Individuals and Businesses
The SECURE Act (Setting Every Community Up for Retirement Enhancement Act) is major legislation that was passed by Congress as part of a larger spending bill and signed into law by the president in December. Here are a few provisions that may affect you.
Getting Help from a Financial Professional
Submitted by Madison Planning Group on December 24th, 2019
Getting Help from a Financial Professional
Are you suddenly on your own or forced to assume greater responsibility for your financial future? Unsure about whether you're on the right track with your savings and investments? Finding yourself with new responsibilities, such as the care of a child or an aging parent?
*IMPORTANT* - SECURE Act Signed into law - Retirement Plan Changes
Submitted by Madison Planning Group on December 24th, 2019
New Spending Package Includes Sweeping Retirement Plan Changes
The $1.4 trillion spending package enacted on December 20, 2019, included the Setting Every Community Up for Retirement Enhancement (SECURE) Act, which had overwhelmingly passed the House of Representatives in the spring of 2019, but then subsequently stalled in the Senate.
Could you survive a no-spend month?
Submitted by Madison Planning Group on December 23rd, 2019
Could you survive a no-spend month?
Would you take on a 30-day challenge to spend money only on necessities such as rent, utilities, and groceries? During a no-spend month, many common activities — including dining out, buying movie or concert tickets, and shopping for clothes — are avoided at all costs.