June 19th, 2019 Newsletter

4 essential tax tips for new parents
As a new parent, sleepless nights aren’t the only thing that can be overwhelming. Taxes are probably last on your list of worries. However, parents are offered valuable tax breaks by the IRS that weren’t available to them before …
Nashville Business Journal
How Property Taxes Are Calculated 
Every year, millions of homeowners pay property taxes. In most situations, when the tax bill comes, if it seems reasonable they pay …

America’s retirement accounts are growing, but not fast enough
America’s retirement accounts are growing, but not fast enough. Vanguard has released its annual How America Saves 2019 report. It’s …

30% of Americans Can’t Answer This Important Money Question
Finances can be complicated to understand, but if you want to ensure you’re living a financially healthy lifestyle, it’s crucial …
Fox Business

Don’t Make This Mistake: Planning Just For The Vacation Part Of Retirement
Throwing away the alarm clock. Skipping the commute. Traveling the country – or the world. These are the things many people think about …

What does the average savings account pay in interest?
Most Americans (56.8%) have at least some money in a savings account, according to an online survey conducted on behalf of Personal …
USA Today

Retirees: Go Ahead and Spend More in the Go-Go Years
The investment industry is famous for focusing on “return on investment,” but when it comes to your retirement nest egg, there’s more …

Borrowing From Your Retirement Plan
Most qualified plans—such as a 401(k) or 403(b) plan—offer employees the ability to borrow from their own retirement assets and repay …

Five Things I Would Tell My Pre-Millionaire Self
As a society, we’re really good at celebrating our successes, but we don’t talk nearly enough about our failures. Why does that matter …

The Most Common Reason Americans File for Bankruptcy
It’s not just a matter of too much shopping or excessively high mortgage or car payments. Often, Americans are forced into bankruptcy …
Fox Business

The Hidden Struggle for Men Who Marry into Money
As outsiders looking in, people tend to focus on the many benefits afforded by great wealth. However, substantial wealth can introduce …

“You saved $126 for your retirement. My advice is to convert it all to pennies and reinvest it at the nearest wishing well.”
Copyright © Randy Glasbergen
What is the main metal used in making pennies?
See the answer below.
4 Benefits of Federal Student Loans
These days, it’s extremely difficult to obtain a college degree without racking up some amount of student debt in the …
Fox Business
What Year Was It?

Rosenbergs Executed

What Year

Julius and Ethel Rosenberg, who were convicted of conspiring to pass U.S. atomic secrets to the Soviets, were executed at Sing Sing Prison in Ossining, New York.
The day was Jun 19. What year was it?

Quote of the Week
“If you don’t value your time, neither will others. Stop giving away your time and talents. Value what you know & start charging for it.”
Kim Garst
Trivia Answer
What is the main metal used in making pennies?
Answer: Zinc
Tom Umstattd, CPA
13276 Research Blvd, Ste 101
Austin, TX 78750
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