Posted by Daniel Sentell in How To
thumb

  Maybe it’s just a sign of the times, but in recent years we’ve seen a spate of articles dealing with early withdrawals from retirement plans. People are out of work, expenses are going up, and few people still have rainy day funds that they can tap. In general it seems that the proverbial ends have grown further apart than Senate politics. With that in mind, here are five ways that an account holder can legally access his/her retirement funds without incurring any penalties. 1. Have a really good reason. If the reason why you’re withdrawing funds from your retirement plan is a good one, (i.e...

+ READ MORE
Posted by Daniel Sentell in The Idea of Business
thumb

Profit is good. Unless, of course, it’s not. Here’s the deal. Everybody responds to incentives, and one of the top incentives is the ability to put a few bucks in your pocket. That’s why you go to work, that’s why people produce products for you to buy, and that’s why mothers still qvell over “my son the doctor/lawyer/internet billionaire”. Unfortunately, that’s also why people try to game the system. One of the more famous examples of incentive based larceny is known as the Cobra Effect...

+ READ MORE
Posted by Daniel Sentell in Financial News
thumb

  It’s one thing to break the law. It’s quite another to do it under IRS guidance.    In a recent WSJ article by ace Laura Sanders, we find out all the details about how the IRS actually paved the way for an infraction of U.S. tax law. Here’s how it went down.   It started with a veteran tax lawyer by the name of Alvan Bobrow. He had a pretty good understanding of the law, (he was a tax lawyer after all,) and he knew where to turn to find guidance on IRS regs. The place where he went, and where all tax professionals go, was IRS Publication 590...

+ READ MORE
Posted by Daniel Sentell
thumb

Quick! Your money and your retirement rely on giving the correct answer to the following question. Which of the following is just a passing fad: A. Social Media B. Search Engines C. Smart Phones D. Streaming Video   There are a number of major blue chip companies that are betting on each of these products continuing their hot ubiquity. You know, in the same way that companies in years past bet on the train system, typewriters, and film developing. (Did you ever hear of a fly-by-night called Kodak?) Now, that doesn’t mean that every successful product is necessarily a fad...

+ READ MORE
Posted by Daniel Sentell in Humor
thumb

In the spirit of the day, here are the 10 funniest money jokes in the history of the world. (That little factoid has been corroborated by the International Association for the Preservation of Historical Financial Humor.) These one-liners are all modern day reincarnations of jokes that seem to have had dramatic counterparts throughout recorded history. Apparently money, and the way people react to it, never changes. (For those interested in the ancient Sumarian versions, just drop me a line.)   (P.S. We will refrain from “Wall Street” being a generic punch line to every conceivable attempt at financial...

+ READ MORE
2 3 4 5 6 7 8   
Speak to a specialist today! (800) 395-5200
Loading Search...