posts by Mark - 30/76 - Beacon Hill Investment Advisory, LLC

DOL’s Perez: Fiduciary Rule to Be Wrapped Up in ‘Coming Months’

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Labor Secretary Thomas Perez said Monday that the Labor Department hopes its rule to change the definition of fiduciary on retirement advice will “reach a conclusion in the coming months,” and that the Obama administration is set to include additional measures to help workers save in the fiscal 2017 budget, to be released Feb. 9. …

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Which Birthdays Are Financial Milestones?

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When it comes to your finances, some birthdays are more important than others. Take this quiz to see if you can identify the ages that might trigger financial changes. Quiz 1. Eligibility for Medicare coverage begins at what age? a. 62 b. 65 c. 66 2. A child can stay on a parent’s health insurance …

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Required Minimum Distributions

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What are required minimum distributions (RMDs)? Traditional IRAs and employer retirement plans such as 401(k)s and 403(b)s offer several tax advantages, including the ability to defer income taxes on both contributions and earnings until they’re distributed from the plan. But, unfortunately, you can’t keep your money in these retirement accounts forever. The law requires that …

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Filing Your 2015 Federal Income Tax Return

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Whether you’re preparing your own tax return or paying someone to do it for you, tax season can be a stressful time of year. Make things easier on yourself by pulling all your information together sooner rather than later–that includes a copy of last year’s tax return, W-2s, 1099s, and any deduction records you have. …

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Budgeting – Cornerstone of Success

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5 Budget Tips You Need to Know We’ve all heard the phrase “live within your means”. That’s much easier said than done. I’ve spent some time over the last year helping a few clients “live within their means” to achieve their version of financial success. Here are some helpful tips that you can put to …

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