Community, From The Doty Group, Retirement, TreasuryAidan HeltApril 6, 2021National Financial Capability Month, Washington State Department of Financial Institutions, Financial Education, Retirement Planning, Consumer Protection, Investment FraudComment

Social Security Benefits Will be Paid On Time and Other Updates Related to the COVID-19 Pandemic

RetirementThe Doty GroupMarch 31, 2020COVID-19, Coronavirus, Social Security UpdatesComment

Emotional Stress of Elder Fraud Outweighs Financial Impact: AICPA Survey

AICPA survey findings regarding the effects of financial abuse or fraud targeting the elderly.

Individuals, RetirementThe Doty GroupMarch 13, 2020AICPA, Elder Fraud, Fraud, Personal FinanceComment

Contribute to an IRA by April 15 to claim it on 2018 tax returns

Anyone with a traditional IRA may be eligible for a tax credit or deduction on their 2018 tax return if they make contributions by April 15, 2019.

IRS News, RetirementAidan HeltMarch 19, 2019IRA, IRS, Individual Retirement ArrangementsComment

AICPA: Going Broke Remains Top Concern in Retirement

Running out of money is the top financial concern of clients planning for retirement, cited by 30 percent of CPA financial planners. This reflects an improvement from the AICPA’s 2016 survey, which found 41 percent of clients listing it as a top concern.

Individuals, RetirementThe Doty GroupFebruary 19, 2019AICPA, Retirement, Personal FinanceComment

IRS: Retirees With Pension Income Should Do A Paycheck Checkup ASAP

Retirees should do a Paycheck Checkup to make sure they are paying enough tax during the year by using the Withholding Calculator, available on IRS.gov. The Tax Cuts and Jobs Act, enacted in December 2017, changed the way tax is calculated for most taxpayers, including retirees.

Retirement, Tax ReformThe Doty GroupSeptember 13, 2018IRS, Retirement, Withholding Calculator