Wealth Preservation Planning,LLC

Recent updates to projections for Social Security funding indicate that it may be dwindling even faster than initially anticipated.

Social Security fund projected to be depleted sooner than expected The trustees who oversee the Social Security and Medicare trust funds have released new projections outlining the financial health of those programs.

PBS covers the "easy money" that shaped our post-2008 economy and why it might be coming to an end in a recent documentary. What does it mean for our economic future?

Age of Easy Money High inflation, fear of recession and disruptions — like the collapse of Silicon Valley Bank — how did we get here? FRONTLINE examines the Federal Reserve's policies and the potential consequences of its record pace of interest rate hikes to try and fight inflation.

Budgeting and building your savings is especially important in a volatile economy. This article covers the 50-30-20 strategy, how it works and how you can implement it.

A simple rule can help you build a savings habit, says advisor: 'Do it no matter what' The 50-30-20 rule can help demystify budgeting and saving for anyone who feels behind financially.

Healthy money management is vital for a healthy marriage. Here are four tips to help you start the conversation and step into married life with your best foot forward.

Joining Financial Forces: 4 Tips for Newlyweds Build your wealth together and spend your allowances apart.

Amidst the wave of tech layoffs, numerous employees on medical or maternity leave were surprised to find out that they were laid off before they could get back to work.

Laid off on leave: Yes, it's legal and it's hitting some workers hard The wave of layoffs in tech, media and elsewhere is affecting a sizable number of people who are out on medical or parental leave. While legal, it can make a bad situation even worse.

Sorting out a loved one's estate can be a stressful time full of potential disputes. That's one reason why opting for gentler phrasing like "I wish" can be useful in your estate plan.

I Wish I May, I Wish I Might: Estate Planning’s Gentle Nudge Contrary to what you might expect, using precatory language such as ‘I wish’ or ‘I hope’ can play an important part in three estate planning objectives.

Here are a few financial takeaways we can draw from the recent bank failures.

Two Key Lessons From the Banking Crisis The banking crisis is a result of poor risk management. Learn from mistakes that caused it and apply the lessons to your retirement planning.

In what circumstances can the IRS reach out to you? Learn more about why and how they may contact a taxpayer.

Important details to understand when the IRS might contact a taxpayer | Internal Revenue Service IR-2023-56, March 23, 2023 — The Internal Revenue Service reaches out in multiple ways to educate taxpayers while ensuring it fairly enforces the nation’s tax laws. There are important factors to keep in mind about when the IRS may initiate direct contact with a taxpayer.

If tax season caught you off guard, have no fear -- here's what you need to know and the best next steps you can take to avoid further consequences.

What To Do If You Miss the Tax Deadline There are a few options available that can help reduce or eliminate penalties.

Twice a month, newsletter subscribers receive helpful information for their financial journey. The next edition will cover what you can do if you can't file taxes on time this year.

Are you on the list? Sign up and stay tuned for this week's posts.

If you're trying to improve your credit score or manage your spending habits, it helps to know your credit utilization rate. This guide covers what credit utilization means and how to calculate it.

Everything You Need to Know About Credit Utilization Learn how to lower your credit utilization rate, how your rate affects your credit, and how you can influence it month to month.

I bonds can have several tax advantages compared to other investments. But they aren't entirely exempt from taxation either -- these rules and conditions generally apply to EE bonds as well.

Are I Bonds Taxable? 10 Common Situations Series I bonds are a popular investment that can also help you save on taxes, but the federal income tax consequences can be complex.