For Immediate Release Leesburg, VA – Angela Bender, managing partner at AMJ Financial Wealth Management, completed her semiannual training with America’s IRA Experts at Ed Slott and Company, LLC by participating in a workshop that took place October 24-25, 2024. The invite-only workshop, attended by members of Ed Slott’s Master Elite IRA Advisor GroupSM, offered […]
Identity theft - Criminals have been using other people’s personal information (Social Security numbers, names, addresses, birth dates, etc.) to obtain money or credit for many years. Recently, scammers have also been filing false tax returns. The IRS has implemented measures that appear to be effective. Regardless of the progress that has been made, the IRS […]
WHO’S YOUR BENEFICIARY? Beneficiaries are the people who will inherit your assets –savings and investment accounts, life insurance policies, homes, cars, and other possessions. In general, there are two ways to name beneficiaries. You can: Designate a beneficiary on an account. For example, when you signed up for a retirement plan at work, you were probably […]
Scams usually start with a phone call, email, text, or another form of communication. The person typically claims to be from an agency or organization you know – or one that sounds like it might benefit you, such as the National Sweepstakes Bureau or a lottery. The person may know your name and address. They […]
IRS wraps up 2023 Dirty Dozen list; reminds taxpayers and tax pros to be wary of scams and schemes, even after tax season WASHINGTON — The Internal Revenue Service wrapped up the annual Dirty Dozen list of tax scams for 2023 with a reminder for taxpayers, businesses and tax professionals to watch out for these schemes throughout […]
This World Elder Abuse Awareness Day, Let’s Make a Pledge to Stay in Touch Older adults are more vulnerable to social isolation and loneliness. World Elder Abuse Awareness Day reminds us about the importance of staying in touch with older persons. Elder abuse is the intentional mistreatment or harming of an older person. An older […]
You don’t have to suffer through a peewee baseball game or a Fourth of July parade on an unsupportive folding chair just to prove you’re a good parent. By Daniel Varghese Q: My son’s baseball season just started. I want to support him, but having to sit for hours on my cheap outdoor folding chair is […]
IRS announces higher HSA contribution limits for 2024 By Ashlea Ebeling The Internal Revenue Service recently announced the largest ever increase to the amount Americans can set aside in health-savings accounts each year. For 2024, the maximum HSA contribution will be $8,300 for a family and $4,150 for an individual. That is up from $7,750 for […]
Travelers should expect longer waits to get their passports renewed—but there are options to speed up the process. By Allison Pohle, Wall Street Journal _____________________________________________ If you haven’t yet renewed your passport ahead of international summer travel, prepare to pay plenty to fix the problem. Wait times for passports have increased across the board in […]