Market Week for December 29, 2014
PDF for larger viewing here—> Market Week December 29 2014
. Have You Been Financially Naughty or Nice This Year? Fargo Financial Planner, Paul Jarvis, shares the“Santa Claus Audit,” a guide to evaluating your 2014 financial behavior Washington, D.C., December 26, 2014 – If Kris Kringle judged consumers by their financial fitness, who would end up on his “Naughty” and “Nice” lists? This year, …View full post
* 2014 Year-End Tax Planning Basics PDF Version Click Here ->Tax Tips December 10, 2014 AMT triggers You’re more likely to be subject to the AMT if you claim a large number of personal exemptions, deductible medical expenses, state and local taxes, and miscellaneous itemized deductions. Other common triggers include home equity loan interest …View full post
Retirement Plan and IRA Figures At-a-Glance 2014 2015 Employee/individual contribution limits Elective deferral limits 401(k) plans, 403(b) plans, 457(b) plans, and SAR-SEPs1 (Includes Roth contributions) Lesser of $17,500 or 100% of participant’s compensation Lesser of $18,000 or 100% of participant’s compensation SIMPLE 401(k) plans and SIMPLE IRA plans1 Lesser of $12,000 or 100% of …View full post
Social Security Decisions Infographic Follow me on Twitter: @pauljjarvis You have probably heard that there are pros and cons to taking social security early, at full retirement age, or delaying but haven’t actually seen the difference. I created this infographic to illustrate someone who has a full retirement age (FRA) of 66. For additional …View full post
Washington, D.C., December 26, 2014 – If Kris Kringle judged consumers by their financial fitness, who would end up on his “Naughty” and “Nice” lists? This year, consumers can review the jolly ole man’s checklist themselves and determine where they stand, courtesy of CFP Board Ambassador, Paul Jarvis, CFP®, and the Santa Claus Audit, a list of personal finance do’s and don’ts to consider this holiday season.
“Start your New Year’s resolutions early by getting yourself on the right financial track now and use this time for end of year planning to get and keep yourself on the nice list,” Jarvis says.
In the Santa Claus Audit, CFP Board shares the “nice” steps consumers need to take and the “naughty” behaviors to avoid ensuring they always make Santa’s “Nice” list.
Be prepared to land on the “Naughty” list if you:
Get Santa’s cookies and milk ready; you’ve made the “Nice” list if you:
As Santa Claus comes to town, meet with a CFP® professional to secure your spot on the ‘nice’ list for years to come. He or she will help you turn those ‘naughty’ financial habits into personal finance successes to celebrate year-round. Consumers can learn more about ensuring their financial security – including working with a Certified Financial Planner™ professional to develop a plan – at LetsMakeaPlan.org.
ABOUT CFP BOARD
The mission of Certified Financial Planner Board of Standards, Inc. is to benefit the public by granting the CFP® certification and upholding it as the recognized standard of excellence for competent and ethical personal financial planning. The Board of Directors, in furthering CFP Board’s mission, acts on behalf of the public, CFP® professionals and other stakeholders. CFP Board owns the certification marks CFP®, Certified Financial Planner™, CFP® (with plaque design) and CFP® (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements. CFP Board currently authorizes more than 71,000 individuals to use these marks in the U.S
CONTACT: Dan Drummond, Director of External Relations P: 202-379-2252 M: 202-550-8259 E: firstname.lastname@example.org Twitter: @cfpboardmedia