Author Archives: James Lange

3 Myths About Social Security

TweetMyth #1: By the time I retire, Social Security will be broke. If you believe this, you are not alone. More and more Americans have become convinced that the Social Security system won’t be there when they need it. In … Continue reading

Posted in 401(k), 403(b), Economy, Social Security | Tagged , | Leave a comment

2011 Changes in Tax Law

Tweet The recently enacted “Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010″ (the “2010 Tax Act”), signed by President Barack Obama on December 17, 2010, makes important changes to the taxation of estates and gifts, which will … Continue reading

Posted in Estate Planning, Estate Tax, Income Tax, Lange's Cascading Beneficiary Plan, Trusts, Wills | Leave a comment

7 Good Reasons to Change Your Will

Tweet1. You Get Married Your new spouse doesn’t automatically become your chief heir. Most states give a spouse one-third or one-half of an estate. If you don’t have any children, your parents or siblings would get the rest. To leave … Continue reading

Posted in Estate Planning, Trusts, Wills | Tagged , , | Leave a comment

Five Financial Tips for Women

TweetFive Financial Tips for Women Make it a Priority to Understand What You Already Have – For working woman, make sure you fully understand your employee benefits and your company’s retirement plan.  Make it a point to see what your … Continue reading

Posted in 401(k), Estate Planning, IRAs, Insurance | Leave a comment

Three Financial Pioneers Create the Power of Index Investing

TweetThe Conception of Index Investing In 1974 John Bogle founded and created The Vanguard Group – now one the world’s largest mutual fund companies offering 120 different mutual funds holding over $1 trillion.  In 1975, Mr. Bogle championed the first … Continue reading

Posted in Economy, IRAs, The Lange Money Hour | Tagged , , , , | Leave a comment

Last Minute Tax Strategies for IRAs & Other Retirement Accounts

TweetMake your 2010 IRA contribution as late as April 18, 2011:  You can contribute up to $5,000 (or $6,000 if you are 50 or older) until the time you file your income tax return, but no later than April 18, … Continue reading

Posted in Estate Tax, IRAs, Income Tax, Roth IRA, Roth IRA Conversions, Tax Law | Leave a comment

The Best Response to the New Estate Laws

TweetThe top estate planners in the country warn IRA and retirement plan owners to develop an appropriate response to the new estate tax laws just passed this December. We are now in a completely different tax environment ripe for the … Continue reading

Posted in Estate Planning, Estate Tax, IRAs, Income Tax, Lange's Cascading Beneficiary Plan, QTIP Trusts, Tax Law, Trusts, Wills | Leave a comment

5 Things Taxpayers Can Proactively Do To Best Take Advantage of the New Income and Estate Tax Law

TweetThere are some BIG changes for taxpayers in the creation of the new 2010 Tax Relief/Job Creation Act.  How can you best respond to this law?  Take a look at these 5 things all taxpayers can proactively do to best take advantage … Continue reading

Posted in 401(k), 403(b), Estate Tax, IRAs, Tax Law, Trusts, Wills | Leave a comment

New Tax Law Creates Enormous Opportunities for Millions of Employees

TweetFOR IMMEDIATE RELEASE CONTACT: JAMES LANGE, CPA/ATTORNEY OFFICE: 412.521.2732 September 27, 2010 – The President signed a new law, effective immediately, that has an enormous impact on millions of retirement plan owners. The new law will allow employees to convert … Continue reading

Posted in 401(k), 403(b), Tax Law | Tagged , , , | Leave a comment

An Indecisive Congress on Federal Estate Tax

TweetAs the old adage goes, there are two things for certain, you will die and you will pay taxes. For decades this statement has remained true, but in 2010, one of these is far from conclusive. Why the uncertainty swirling … Continue reading

Posted in Estate Tax | Tagged , , , | Leave a comment