The Hidden Financial Cost of Child Care

child holding moneySixty-five percent of couples raising children under the age of five are in the...
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Tips for Mutual Funds Investing

Magnifying glass on chartsMutual funds are an excellent way to diversify your...
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Medicare Premiums Increase for 2017

The Centers for Medicare and Medicaid Services announced that monthly premiums for Medicare will be increasing next year. Seventy percent of Medicare beneficiaries are protected by the “hold harmless” provision, which says benefit checks cannot decrease due to Medicare increases. The provision was triggered by the small 0.3% cost of living increase to Social Security for 2017. If you are covered by the hold harmless provision and you are currently paying $104.90/month, your premium will increase to $109/month. Unfortunately, 30% of beneficiaries are not covered by the hold harmless provision...
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Shopping for Medicare Coverage

Doctor with clipboardIt’s Medicare open enrollment season again. If you are a Medicare enrollee or are eligible for Medicare for...
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Decision Day 2016: The Day After

As you most certainly know by now, Donald Trump scored a stunning upset in the 2016 presidential race, defeating the favored Democratic nominee Hillary Clinton.  For the second time in five months (the first being Brexit), global investors were caught flat-footed by the outcome of a major political election in which most media outlets and pundits had predicted the opposite result.  As fear and uncertainty caused uneasiness for investors, U.S. stock market futures dropped significantly on election night.  However, after Trump’s acceptance speech, U.S. stock markets opened with modest gains and...
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1991-What a Year It Was!

In honor of the twenty-fifth anniversary of Dowling & Yahnke, here’s a look back to what else happened that year here in the U.S.: Technology:  The first website came online in 1991, and the resulting Internet phenomenon provided the information for this blog post. “Blogs,” which is short for the original “web logs,” did not even exist 25 years ago.  In the area of personal computing, Apple introduced its first PowerBook in 1991, and the major computer vendors launched notebook computers.  As for mobile technology, cellphones still closely resembled bricks.  The gaming world was changed...
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Social Security Cost of Living and Wage Base Increases for 2017

The Social Security Administration (SSA) has announced that the cost-of-living adjustment (COLA) for 2017 will be 0.3%, the smallest increase since automatic increases began in 1975. The adjustment is calculated using the percentage increase in the Consumer Price Index (CPI) over the previous year. The SSA also announced the maximum amount of earnings subject to Social Security taxes will increase to $127,200 from the current level of $118,500. This is the largest one-year increase in the taxable earnings cap since 1983. Workers pay 6.2% in payroll taxes on wages up to the earnings cap, so...
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Big Changes to College Financial Aid

CollegeThis fall marks the start of major changes in how parents of college students will seek financial aid. The new...
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Does the Stock Market Care Which Presidential Candidate Wins?

Since our firm was founded in 1991, we have experienced eight unique election cycles and four (soon to be five) different U.S presidents.  As we approach the November 8th presidential election, many investors may be feeling anxious about the outcome of the vote and any potential effect it may have on the stock market. As the media continues to produce headlines and forecasts designed to invoke fear, we provide some perspective on this important topic. History shows that presidential elections can certainly have an impact on volatility in the market—but that volatility has typically been short...
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Passing On Your Financial Values to the Next Generation

Mother and daughter with piggy bankAs you may already know, the Baby Boom generation will pass $30...
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