Franklin Planning Blog
We’re committed to helping you make informed decisions about your financial future.
Preparing your estate in advance is one of the greatest gifts you can give your family. Many estates include real estate in the form of a primary home, vacation home, and other family properties. While inheriting a property can be a wonderful legacy,Read More
Do You Understand Your Emotions About Money? If you’ve ever felt a rush of excitement at making a big purchase or experienced feelings of shame at making a financial mistake, you know that our relationship with money isn’t completely rational.Read More
Do you have unclaimed money in the TSP? In the past five years, unclaimed funds in accounts have built up to a sum of more than 88 million dollars. This money is just sitting there, untouched and unused, waiting for someone to claim it. In previous years, the TSP provided lists of these unclaimed accounts…Read More
While supporters of President Obama’s 2016 Fiscal Budget say the budget will make it easier to save for retirement, the proposal is giving mixed messages when it comes to retirement planning. I have identified eight budget provisions that would have a negative impact to many retirement accounts. 1. Limit Roth Conversions to Pre-Tax Dollars –…Read More
Long-time federal workers have a unique opportunity for tax-free retirement income…but immediate action is vital. Under President Obama’s proposed budget, aftertax rollovers to Roth IRAs will end next year. Throughout 2015, Civil Service Retirement System (CSRS) and CSRS Offset employees can still lock in the benefits. THE REWARDS OF ROTH IRAs Savvy investors understand the advantages of…Read More
THE GOOD OL’ DAYS Carol: Conservative investors have realized next to no return on bank CDs, money market funds, and other cash investments since the financial crisis in 2008. This war on seniors and savers has forced investors to choose to earn nothing in cash or use risky investments to generate an attractive return. Mike: Expectations…Read More