The last few months have woken up a lot of investors. Suddenly, the markets seem to be in free fall one day and rocketing upwards the next. After nine--almost sleepy--years it appears that market volatility is back. And now that everyone is opening up their 2018 year-end statements, the picture is not pretty.
With our lives moving online, the number of ways that bad guys can take advantage of us seems to be growing exponentially. And, there is reason to worry: According to 2018 Identity Fraud, there were 16.7 million victims of identity fraud in 2017, a record high that was preceded by another record high in 2016.
With the new tax law kicking in this year, lots of things are changing for taxpayers, including itemized deductions. Prior to 2018, taxpayers who itemized deductions were able to lower their tax bill with few restrictions. But now, with the new cap on deductions for state and local income and property taxes set at a maximum of $10,000, being able to itemize is not assured.
It’s benefits season. The time of year when employees have to decide which health plan to select, which investments to select for your 401(k), and how much to put into your flexible spending plan. The number of options and complexity of all the different benefit options can be dizzying to many employees.