If you’re the parent of a young adult who is still living at home, you might be wondering whether this situation is commonplace. According to a recent U.S. Census Bureau study, it is: One in three young people (ages 18 to 34) lived in their parents’ home in 2015.
The Social Security administration announced a 2% increase in benefits in 2018. The increase is estimated to affect 70 million Americans. The increase in the Consumer Price Index (CPI-W) is used to determine the cost-of-living adjustment (COLA) in order to keep Social Security benefits in line with changes in consumer prices. Continue reading “Social Security Benefits Expected to Increase 2% in 2018”
Technology is advancing at an increasingly rapid pace. The age of the internet has ushered in an unprecedented level of connectivity. In today’s modern world, people accrue vast amounts of digital assets, including digital files, such as photographs, videos, and documents, as well as digital accounts, such as social media, e-mail, websites, financial accounts, etc. As our digital footprint grows more valuable, it would be prudent to consider how these assets are handled after death.
Condor has sent out its 2017 3rd Quarter Newsletter!
- Future of the Federal Estate Tax
- Kickstart Your College Fund With a 529 Plan
- How Much Can I Deduct If I Donate My Car to Charity?
- If I Donate Used Property to Charity, What Documentation Is Needed?
You can read our online copy by clicking here.
We are providing an update on Condor Capital’s initial article pertaining to the recent data breach at credit reporting agency Equifax in light of newly-reported information regarding those who were impacted.
Equifax, one of the three largest American credit reporting agencies, announced Thursday that cybercriminals breached a portion of its systems and could have access to the names, addresses, birth dates, Social Security numbers, and driver’s license numbers of nearly 143 million people. Continue reading “Equifax Data Breach”
A recent decision by the Internal Revenue Service (IRS) has now allowed individuals who have been adversely affected by Hurricane Harvey to utilize the assets within their employer-sponsored plan(s) in order to address their financial needs. Continue reading “IRS Providing Relief for Those Affected by Hurricane Harvey”
Every so often, a well-intentioned investor will ask the question, “why is my portfolio not up as much as the market?” When referring to “the market,” most investors are referring to the S&P 500 Index or a similar index that represents the stock market’s performance. Continue reading “Why is My Portfolio Not Up as Much as the Market?”