This is a great article that lays out the options available to all of us regarding Social Security benefits. I read the article and found the answers for our family. My wife worked part-time for many years and we wanted to know the best strategy for her collecting social security in a couple of years. For us the best strategy will be for her to claim…
CONTINUE READING >If that is what you are thinking you better read on. You can move but may still be considered a Minnesota resident. Better read the fine print in the fact sheet provided by the State of MN with 26 factors to determine your residency along with the newspaper article that ran back in 2014. The paper has horror stories of people that moved out of state to find…
CONTINUE READING >Just to put SaverNotes in perspective I went out today to look at what Certificates of Deposits were paying from FDIC insured accounts. The 2 year CD would pay 1.53%, 3 year CD pays 1.66% and the 5 year CD pays 2.07%. Now, notes from SaverNotes are not guaranteed by the FDIC and come with its own risks as outlined in the prospectus but just to compare,…
CONTINUE READING >I read this article on estate planning and it said that estate planning is not just for the 1%. As I read the article it pointed out that Federal Estate Taxes may be different than State Estate Taxes. I had never given it much thought but wanted to see how Minnesota rates compared to federal rates. Under current laws as of this writing, if your estate is…
CONTINUE READING >I have been using notebooks for the last several years to keep my notes on my businesses and my personal life. I have developed a system that works for me. Each notebook is set up with a Table of Contents, To Do section and notes from all my calls and meetings for a period of time. Once the notebook is full, I copy the Table…
CONTINUE READING >Birth certificate, marriage certificate, will, passport, Social Security card or divorce decree lost or missing? Here’s what to do. This article is a good recap of how to go about getting original documents replaced if you need to replace them. “A digital version won’t cut it” when it comes to providing certain documentation. I keep the original Will, passports, Power of Attorney, Minnesota Health Care Directive in my Fireproof Safe for easy…
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