Skip to content

Posts by Gregory Ricks & Associates

Beware of Black Friday email scams, say experts

Fake websites, fake products and fake apps are ready and waiting to snag shoppers this holiday season, according to experts.  “Every year at this time, email-based scams rise to a fever pitch,” Dave Baggett, co-founder and CEO of the anti-phishing startup Inky, told Fox News. One reason scams are so prolific is, Baggett said, bad guys keep churning out…

Read More

We bought a $1 house in Italy. Here’s what happened next

(CNN) — It seemed like a deal too good to be true. A new house — and potentially a whole new life — for sale in sunkissed rural Italy for the princely sum of just one euro, or little over a dollar. Over the past year or so, numerous small towns from Sicily in the south…

Read More

Stop Crying About Millennials They Are Our Future, In Five Ways

  Michael Gale ContributorThought LeadersContributor Group  WSJ bestseller, A.I. influencer, podcast host about the world in 2030. Millennials. Has there been a generation so misunderstood or labeled with an almost constant negative tone? While you’re thinking about it, go ahead and include their younger peers from generation Alpha upwards as well. 2020 is the year Millennials…

Read More

Top 10 Benefits of Charitable Giving and Donations

The fact that charitable giving can help reduce your tax burden is well known, especially if you’re in a high bracket. But the benefits of giving extend far beyond tax breaks. Of course, giving can be a challenge – especially when money is tight. After all, your income could just as easily go toward a college savings fund for…

Read More

The IRS Proposed Regulations Won’t Solve Your RMD Problems

GETTY Required minimum distributions (RMDs) are the bane of many IRA owners. The IRS recently issued proposed regulations that reduce the pain somewhat, but not a meaningful amount for those with significant IRAs. You need to consider other actions to solve the RMD problems. IRA owners older than age 70½ must begin taking RMDs no…

Read More

How to Use the HSA, for Medical or Retirement Savings

Health savings accounts offer a unique triple tax advantage The health savings account, or HSA, can be a powerful savings tool—if you approach it the right way. These accounts, which Congress authorized in 2003, are more than just a simple savings tool for medical emergencies. Retirement planners laud the HSA’s triple tax advantage and its…

Read More

How To Turn Your Pension Cash Value Into The Most Retirement Income

Pensions were once the cornerstone of a secure retirement. They provided a retirement income you could not outlive. Today, pension plans are being eliminated or at the very least, are less generous to workers. If you are lucky enough to still have a pension, it is imperative that you plan to maximize the valuable retirement…

Read More

Here’s everything you need to know about your 2020 taxes

Key Points The IRS increased the standard deduction to $12,400 for single filers and $24,800 for married couples filing jointly. An individual can transfer up to $11.58 million without being subject to the 40% federal estate and gift tax, up from $11.4 million in 2019. You can save more money in your 401(k) and in…

Read More
Call Now Button