Month: March 2011

The Jury is Out on 2010 Roth Conversions

If you did a Roth IRA conversion in 2010, congratulations. The next smart thing to do is to review that decision and see if it still makes sense for your situation. When a traditional IRA is converted to a Roth, all before-tax contributions made to the IRA become taxable; and the income tax must be… Read More

Paying for Long-term Care

Long-term care includes a broad range of medical and support services for people with a degenerative condition (such as Parkinson’s or stroke) a prolonged illness (such as cancer) or a cognitive disorder (like Alzheimer’s). It involves providing assistance with the activities of daily living and supervision if needed. The cost of care in a facility… Read More

Mickey Rooney Testifies about Elder Abuse

“Always get married in the morning. That way if it doesn’t work out, you haven’t wasted the whole day.” – -Mickey Rooney Beloved actor and entertainer Mickey Rooney is 90 years old. His film, television, and stage appearances span nearly his entire lifetime. As a teenager he was a superstar in the Andy Hardy films.… Read More