Farmers Insurance Group is an American insurer group of automobiles, homes and small businesses and also provides other insurance and financial services products.
Farmers Inurance
Farmers Inurance
Farmers Insurance Group is an American insurer group of automobiles, homes and small businesses and also provides other insurance and financial services products.
Developing the right portfolio of insurance products is an essential step toward a comprehensive financial program or estate planning.
Insurance Services
Insurance Services
Developing the right portfolio of insurance products is an essential step toward a comprehensive financial program or estate planning.
A well-known quote attributed to baseball great, Frank Robinson, says “Close doesn't count in baseball. Close only counts in horseshoes and hand grenades.” In a recent Tax Court Case, David D. Pritchard et ux. v. Commissioner; T.C. Memo. 2017-136 (July 10, 2017),the Court found the exceptions to the 10% penalty for early distributions from retirement accounts to be more like baseball than [...]
This week's Slott Report Mailbag looks into the one-rollover-per-year rule, RMDs and the 10% early distribution penalty. As always, we recommend you work with a competent, educated financial advisor to keep your retirement nest egg safe and secure. Question: A couple months ago I took my RMD from a New York bank and deposited it into a savings account in Florida where I live. In the [...]
On July 28, the Treasury Department announced that it was ending the myRA program. The Department issued a very brief statement saying that as part of the Administration’s effort to assess existing programs and promote a more effective government it was determined that this program was not “cost effective” due to its low enrollment. The myRA program was introduced during the Obama [...]
“How can I feel fine?” That’s what Julie Elman, from Ohio, wants to know. Julie is 57, retirementis right around the corner, and she’s worried. Despite doing “all the right things,” whenever she spends time reviewing her financial situation, Julie never, ever feels fine about the finance part. Julie, there is one thing I want you to know. You. Are. Not. Alone. I’ve traveled all [...]
How to protect beneficiaries from themselves. Billionaire Warren Buffett was famously quoted as saying that when it came to leaving your children money, the sweet spot is “enough money so that they would feel they could do anything, but not so much that they could do nothing.” Few of us need to worry about leaving our kids so much that they could comfortably choose to do nothing. But many [...]
Summer is here, and the future is brighter than ever. If you are busy planning, saving and budgeting for a summer vacation, use these tips to make the most out of your summer and get your retirement savings on track. 1. Spend less and save more. With this warmer weather, nothing sounds better than going out to dinner with your family or significant other after a long and stressful week at [...]
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