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Gross Domestic Product: A Primer
Gross Domestic Product: A Primer

Gross Domestic Product: A Primer

Category Archives: Financial Planning

Gross Domestic Product: A Primer

The economic indicator known as Gross Domestic Product (GDP) represents the dollar value of all purchased goods and services over the course of one year. It is comprised of purchases from all private and public consumption, including for profit, nonprofit … Continue reading

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What to Expect and How to Prepare for a Recession

Economists generally determine that the country has fallen into a recession after two consecutive quarters of negative gross domestic product (GDP) growth. Since 1967, the United States has experienced seven recessions. The thing is, predicting a recession is a little … Continue reading

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How to Inflation-Proof a Retirement Portfolio

Statistics indicate that the average life expectancy is longer than it used to be, but empirically we see this every day among elderly people who have lived much longer than they probably expected. This phenomenon spotlights a particular component of … Continue reading

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Lost Inheritance: How To Find a Deceased Parent’s Assets

If you have a relative who recently died and left you in charge of his or her finances, you are not alone. You probably have colleagues at work in the same boat. A neighbor or two (or 10) and even … Continue reading

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Benefits of Delaying Retirement Number Many

Benefits of Delaying Retirement Traditionally, retirement was short and peaceful. People worked jobs that were hard on the body – such as farming, manufacturing, tradesmen or railroad workers. If you made it to retirement, you were relieved to have the … Continue reading

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April 1 Deadline Approaches for Taking Required Retirement Plan Distributions

IRS Reminds Taxpayers of April 1 Deadline to Take Required Retirement Plan Distributions IRS Issue Number:  IR-2017-63 WASHINGTON — The Internal Revenue Service today reminded taxpayers who turned age 70½ during 2016 that, in most cases, they must start receiving … Continue reading

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Check Out Tax Benefits for Higher Education Costs

Check Out Tax Benefits for Higher Education Costs Below the IRS outlines tax benefits in their IRS Tax Tip 2017-31 Higher education costs paid in 2016 can mean tax savings when taxpayers file their tax returns. If taxpayers, their spouses … Continue reading

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What is the Additional Medicare Tax? Will You Be Required to Pay?

What is the Additional Medicare Tax? Below the IRS explains about the additional Medicare tax. Some taxpayers may be required to pay an Additional Medicare Tax if their income is over a certain limit. The IRS would like people to … Continue reading

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22 Jaw-Dropping Stats About Retirement

22 Jaw-Dropping Stats About Retirement Get these often-surprising retirement facts under your belt and they can help you make better decisions and take savvier actions, leading to a more comfortable retirement. Selena Maranjian Feb 25, 2017 at 6:21AM “Retirement: It’s … Continue reading

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