Archive for Finance
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What Are the Costs of the Government Shutdown?
By Richard J. Schillig, CLU, ChFC, LUTCF Independent Insurance and Financial Advisor On the national scene we witnessed a government shutdown in January. As of this writing, threats of another shutdown continue. How does a shutdown affect us as citizens and taxpayers in this great country? The lon...
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It’s RMD Time Again!! – Avoid these 6 Common Errors
By Richard J. Schillig, CLU, ChFC, LUTCF Independent Insurance and Financial Advisor As a New Year begins and thoughts of income tax preparations are in the back of our minds, another tax item surfaces. Required minimum distributions, often referred to as RMDs or minimum required distributions, ar...
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YOUR SOCIAL SECURITY | Rock Island, Illinois Office
By Cristina Vital Social Security Manager Rock Island Social Security Office GET YOUR SOCIAL SECURITY BENEFIT STATEMENT Tax season is approaching, and Social Security has made replacing your annual Benefit Statement even easier. The Benefit Statement is also known as the SSA-1099 or the SSA-...
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YOUR SOCIAL SECURITY | Davenport, Iowa Office
By Linda Clayton-Powell Social Security District Manager Davenport, Iowa SOCIAL SECURITY AND AMERICA SAVES WEEK Planning and saving are core elements to a successful retirement. For over 80 years, Social Security has helped Americans achieve that goal. And each year, the American Savings Educa...
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2018 Iowa Rent Reimbursement and Tax Preparation Assistance
CASI Offers Free Filing Assistance for Older Adults By Kathy Malmloff CASI Director of Senior Services A new year can bring new worries for area seniors who are struggling to pay bills. This is the time of year when increases in insurances rates, deductibles and medication fees take place, and th...
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YOUR SOCIAL SECURITY | Davenport, Iowa Office
By Linda Clayton-Powell Social Security District Manager Davenport, Iowa SOCIAL SECURITY AND SMALL BUSINESSES Running a small business isn’t just a fulltime job — it can be a 24-7 endeavor. Managing employees, inventory, scheduling, and services, not to mention marketing, can be exhausting. ...
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YOUR SOCIAL SECURITY | Rock Island, Illinois Office
By Cristina Vital Social Security Manager Rock Island Social Security Office DISAGREE WITH YOUR DISABILITY DECISION? WE WILL TAKE ANOTHER LOOK Social Security is here to help secure today and tomorrow by providing benefits and financial protection for millions of people. This assistance allows...
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Unintended Consequence of Delaying IRA Distributions
By Richard J. Schillig, CLU, ChFC, LUTCF Independent Insurance and Financial Advisor In the pursuit of retirement savings, individuals often strive toward maximum “pre-tax” retirement plan contributions and delay of traditional IRA distributions. Eventually, however, withdrawals must be made t...
