Guest Post by Stephen Pedneault, CPA, CFF, CFE

Each time a tragedy strikes in the world, many people feel a strong sense of wanting to help the victims in any way possible.  There is a huge outpouring of support from around the globe comprised of financial and non-financial support. more…

Recently, Tom Scanlon presented "The Seven Sins of Personal Financial Planning"™ to The Manchester Chamber of Commerce.

Last week we discussed the IRA.  This week we'll talk about the Roth IRA.

Who is eligible for a Roth IRA?

• You need to have earned income at least up to the amount of the contribution.
• There is a phase out for Roth IRA's based on your Adjusted Gross Income.  In 2009, it is as follows: more…

The IRA (Individual Retirement Arrangement) is one of the more underutilized tools for retirement planning.  The primary benefit to an IRA is tax-deferred investing.  Income taxes are not paid until taxable distributions are made. more…

The book is closed on 2009.  The year 2010 begins with optimism and too many New Year's resolutions.  Sales of gym memberships, diet schemes, and how-to-quit-smoking plans peak at this time of year. more…