Blog Investment & Financial News
Benjamin Rickey obtained the CIMA Designation
Benjamin J. Rickey recently obtained the Certified Investment Management Analyst® certification. Only 2 percent of financial services professionals hold CIMA certification, which is a credential designed specifically for investment advisors and consultants. The CIMA certification identifies individuals who have met extensive experience and ethical requirements and successfully completed advanced investment management consulting coursework provided through…
Don’t Roll Your Tax Refund Forward
Getting a refund this tax year? You might be planning to use this money like a bonus: buying things you need or want or even putting it into an investment account. However, many Americans choose to apply their refund to next year’s taxes. At first glance, it might seem like a sensible idea – prepaying…
Capital Gains – FAQs
What is a capital gain? A capital gain is the profit when you sell a capital asset, such as stocks, bonds, mutual funds or property. The profit is your gain over the original price you paid and you must pay tax on that gain. For example, if a stock is bought at $50 and later…
Year End Tax Planning
With the new year just around the corner, now is a great time to think about end of year tax planning. If any of the following apply to you, it might be a good idea to call and schedule a meeting with your advisor before the end of the year. Thinking of a Roth Conversion? If you are planning…
Bad News for Some Medicare Beneficiaries
According to the Social Security Administration, Medicare Part B premiums will be going up beginning January 1, 2016 for more than 7 million Americans. The reason for this increase has to do with the decision not to do a cost of living increase for social security in 2016. A provision in the law states that…
4th Quarter 2015 Commentary
Market Summary 2015 was a difficult year for investors as many of the major asset classes finished down or flat for the year. The trends over the last few years continued in the fourth quarter, including U.S. stocks outperforming most other world markets, declining prices from oil and other commodities, a strengthening U.S. dollar and…