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Think You’re Covered for Travel Abroad? Think Again

Submitted by RMT Wealth Management | Tax Efficient Investment Strategies on July 7th, 2017

World travel, both for business and pleasure, is on the rise again and with it the risk exposures for travelers. Liabilities and risks that most people typically cover with a typical homeowner’s policy or travel benefits from their credit card companies are multiplied when traveling the globe.

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Video: Finance 101: A Lesson in Helping your Student Pay for College

Submitted by RMT Wealth Management | Tax Efficient Investment Strategies on June 6th, 2017

Your student is planning on following in your footsteps and will be receiving that admissions letter of acceptance sooner than you think.

 

Smart Taxes: Roth IRA

Submitted by RMT Wealth Management | Tax Efficient Investment Strategies on April 21st, 2017

Without fail as Tax Day approaches every year, the mind whirls while you check boxes and fill in numbers about everything you could have, should have, would have done to save more money on taxes. Could you have saved more? Invested better? Been smarter at charitable giving? Probably.

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Will It to be So: Things to Consider for a Strong Will

Submitted by RMT Wealth Management | Tax Efficient Investment Strategies on January 3rd, 2017

Answer this riddle: what’s the one thing that will eventually happen to everyone, but generally, no one wants to discuss? Death is a subject that immediately conjures up all sorts of emotions because, let’s be honest, the absence of being IS emotional. But, death is also cause for practicality.

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6 Easy Organization Tips to Take Time off of Taxes

Submitted by RMT Wealth Management | Tax Efficient Investment Strategies on November 16th, 2016

As the saying goes there are two things that are inevitable: death and taxes. And, out of those two sure things, you can only really plan for your taxes. It should be no surprise when tax season surely and steadily rolls around again, yet every year there are plenty of individuals who file for a tax extension (in 2014 there were approximately 12 million Americans who did so).

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Tax Diversification

Submitted by RMT Wealth Management | Tax Efficient Investment Strategies on October 26th, 2016

For Increase in Retirement Income You Need Tax Diversification

One of the most important tenets of investing for retirement is to diversify broadly for the long-term returns in your portfolio. However, for a better outcome in generating additional retirement income, special attention needs to be given to achieving optimal tax diversification.

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Deciding When To Take Social Security – Retirement Planning

Submitted by RMT Wealth Management | Tax Efficient Investment Strategies on September 23rd, 2016

Deciding when to take Social Security benefits is one of the most important decisions one will make for retirement. You may either base the decision strictly on monetary benefits, or your decision may be more personally based.

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When The Fed Finally Raises Rates – Monetary Policy

Submitted by RMT Wealth Management | Tax Efficient Investment Strategies on September 23rd, 2016

Due to the ambitious stimulus program enacted by the Fed back in 2008, Quantitative Easing (Q.E.) led to an incredible amount of liquidity in the financial markets.

When the Fed does finally decide on increasing rates, it will do so with the largest balance sheet ever amassed. As of April 30th, the Federal Reserve’s balance sheet exceeded $4.47 trillion.

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Employment Grows Among Foreign-Born Workers In U.S. – Labor Market Update

Submitted by RMT Wealth Management | Tax Efficient Investment Strategies on September 23rd, 2016

As the U.S. population grows, so does the influx of foreign-born workers seeking and willing to work throughout the country. As released by the U.S. Bureau of Labor Statistics in May, there were 25.7 million foreign-born persons in the U.S. labor force in 2014, comprising 16.5% of the total national labor force.

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