May 16th 2018 Newsletter

Retirement taxes: 5 ways to save money
You worked hard to save enough money for retirement, but that’s only part of the battle. Once you retire and rely on that money as your main income source, the last thing you want is for the government to get a big chunk of it …
How the new child tax credit might help you pay for college
In Napa and Sonoma counties there’s an old joke about wealth that always brings a smile to the listener: If you want to take a great fortune …

Tips from people who tackled their finances early now live debt-free
Entering adulthood saddled with student loans and possibly other debt is the norm for most American Millennials today. Those who paid off …
USA Today

Company Costs Are Rising, but Getting Shoppers to Pay More Is Hard
Higher input costs are pressuring U.S. companies to raise prices—a potential precursor to more consumer inflation—but shoppers are resisting …
The Wall Street Journal

More Americans expect to work until 70; there are benefits
When it comes to retirement, later may be better. Americans long viewed 65 as the age to stop working. It was considered full retirement …
ABC News

What Are the 401(k) Contribution Limits for 2018?
The contribution limits for 401(k) plans have been increased for 2018. You will want to review your contribution rate to ensure that you …
Investor Junkie

7 Unusual Ways Businesses Can Borrow Money
Commercial banks have long been the go-to source for business owners who need an infusion of cash. But they may not be an option for everyone …

Banks are walking away from low-income homebuyers
Banks have been walking away from low-income homebuyers seeking loans, and that has affordable housing advocates worried. Newly-released …
CNN Money

The 20 Best States for Your Retirement
People approaching or just starting retirement may have plenty of life experience under their belts, but many are enjoying at least one …

The Biggest Mistake You Are Making With Your 401(k)
We are facing a retirement planning crisis in America. Boomers, Gen X and even Millennials are not saving enough to comfortably retire and …

Stop Chasing Slow-Paying Customers
My IT repair guy came to my house recently to figure out why my wireless printer wasn’t working. Before he got down to business, he handed …

“The bad news is, the market threw a wrench into your retirement plans. The good news is, you can probably sell the wrench for $10 on eBay!”
Copyright © Randy Glasbergen
Who is pictured on the 1934 series $500 bill?
See the answer below.
How to Read a Consumer Credit Report
A good credit rating can impact your finances in more ways than one, so it’s vital that you know how to read your consumer credit report …
What Year Was It?

First Academy Awards Ceremony

First Academy Awards Ceremony

The Academy of Motion Picture Arts and Sciences hands out its first awards, at a dinner party in the Roosevelt Hotel in Hollywood, California.
The day was May 16. What year was it?

Quote of the Week
“I’m a great believer in luck, and I find the harder I work the more I have of it.”
Thomas Jefferson
Trivia Answer
Who is pictured on the 1934 series $500 bill?
Answer: William McKinley
Tom Umstattd, CPA
13276 Research Blvd, Ste 101
Austin, TX 78750
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