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March 2024 Client Newsletter Thumbnail

March 2024 Client Newsletter

Daylight Savings Time has been used in the U.S. and in many European countries since World War I. At that time, to conserve fuel needed to produce electric power, Germany and Austria took time by the forelock, and began saving daylight at 11:00 p.m. on April 30, 1916, by advancing the hands of the clock one hour until the following October.

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January 2024 Client Newsletter Thumbnail

January 2024 Client Newsletter

The "widow's penalty" occurs when a person's tax filing status goes from married filing jointly to single. This change can cause the surviving spouse to have to pay nearly double the taxes compared to what they were paying. Here is an example using fictitious names Bill & Jill. Let's look at the impact to their tax situation if Bill passes away prematurely.

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December 2023 Client Newsletter Thumbnail

December 2023 Client Newsletter

In this Holiday Season, we would like to take a moment to express our gratitude and wish you, our readers, a wonderful holiday filled with joy and love. It is not only about gifts and decorations, but also about giving thanks for all the blessings in our lives. We are truly grateful for the presence of each one of you in our life, and hope that this Holiday Season brings you an abundance of happiness and gratitude.

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November 2023 Client Newsletter  Thumbnail

November 2023 Client Newsletter

The Social Security Administration has announced a 3.2% Cost of Living Adjustment (COLA) for 2024. This adjustment means the average Social Security retiree beneficiary will see their monthly check increase by about $57 to $1,849, through individual benefits may vary.

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