Browsed by
Category: News

Vanessa Puleo of Led2Serve Selects International Medical Global As Travel Health Insurance Provider

Vanessa Puleo of Led2Serve Selects International Medical Global As Travel Health Insurance Provider

Led2Serve today announced its selection of International Medical Global as it’s new provider of travel health insurance. IMG is an award-winning provider of global insurance benefits and assistance services. Through their Outreach Travel Medical Insurance plans travelers with Led2Serve are provided trip interruption, accident, sickness and also emergency evacuation coverage for their Journeys.

“In our nine year history as a mobilizing organization we have had a stellar safety record. While travelers have never had any medial emergencies or a need to use health or travel insurances, our Journey Members can always take comfort in knowing we put their safety as our highest priority,” stated Yolanda Puleo, Director of Operations. “IMG is recognized as a leader in their industry and we feel our selection of them as a provider reflects our continued commitment to traveler safety and planning for the unexpected.”

Led2Serve is approaching its tenth year anniversary and anticipates adding several Journey locations in 2018 as they expand Service Learning Journeys for middle and high school partners. Student teams will continue to travel to new and existing partner locations in support of the organizations mission to engage in meaningful service components while enjoying a Journey balanced with adventure and learning outcomes. read more

Dustin Rinaldi Shares Red Flags that Could Alert the IRS

Dustin Rinaldi Shares Red Flags that Could Alert the IRS

The IRS audited approximately 1.4 million individual tax returns filed in 2012.1 That amounts to approximately 1% of 146 million individual returns filed that year. However, fewer than one-quarter of those audits involved face-to-face meetings with IRS auditors. The rest were conducted through the mail.

Filers earning less than $100,000 had a .58% chance of being audited. Among filers with income exceeding

$200,000, the audit rate was 2.06%; for those earning more than $1 million, it climbed to 9.20%. Audit risk also increased for self-employed taxpayers who filed a Schedule C, Income and Expenses for sole proprietors.

Depending on how much income was reported, the chance of being audited ranged from 1.0% for returns listing gross receipts under $25,000 to 2.7% for those reporting gross receipts of $200,000 or more.1

What Triggers an Audit

The following are some of the red flags that could alert the IRS, aside from earning a lot of money:

1. Running a cash business

2. Claiming the home-office deduction read more

Dustin Rinaldi’s Steps to Keep Retirement Income Flowing

Dustin Rinaldi’s Steps to Keep Retirement Income Flowing

After years of accumulating assets, the time will come for you to begin drawing on those assets to provide income throughout retirement. Before that day arrives, be sure to consider some steps to assist you in keeping your retirement income stream flowing.

Set a Sustainable Withdrawal Rate

As tax-advantaged retirement savings vehicles such as 401(k)s and IRAs have proliferated, so too has the trend toward self-funding of retirement. In the future, the share of personal assets required to fund retirement is sure to grow, which makes knowing how much you can withdraw from your investment accounts each year — and still maintain a healthy cushion against uncertain market and personal circumstances — a necessity to any retirement income plan.

A number of factors will influence your choice of withdrawal rates. These include your longevity, the potential impact of inflation on your assets, and the variability of investment returns. Therefore, when crafting a retirement asset allocation, a key question will be how much to allocate to stocks.1 Certainly you will want to maintain enough growth potential to protect against inflation, yet you will also need to be wary of being too exposed to stock market gyrations. Generally speaking, those who have planned well and amassed enough assets to comfortably finance retirement may be in a better position to include more stocks in their portfolios than those who enter retirement with less. read more

Dustin Rinaldi Shares 10 Investment Mistakes You Should Avoid

Dustin Rinaldi Shares 10 Investment Mistakes You Should Avoid

Who needs a pyramid scheme or a crooked money manager when you can lose money in the stock market all by yourself. If you want to help curb your loss potential, avoid these 10 strategies.

1. Go with the herd. If everyone else is buying it, it must be good, right? Wrong. Investors tend to do what everyone else is doing and are overly optimistic when the market goes up and overly pessimistic when the market goes down. For instance, in 2008, the largest monthly outflow of U.S. domestic equity funds occurred after the market had fallen over 25% from its peak. And in 2011, the only time net inflows were recorded was before the market slid over 10%.1

2. Put all of your bets on one high-flying stock. If only you had invested all your money in Apple 10 years ago, you’d be a millionaire today. Perhaps, but what if, instead, you had invested in Enron, Conseco, CIT, WorldCom, Washington Mutual, or Lehman Brothers? All were high flyers at one point, yet all have since filed for bankruptcy, making them perfect candidates for the downwardly mobile investor. read more

Planning for Your Long-Term Care from Dustin Rinaldi

Planning for Your Long-Term Care from Dustin Rinaldi

According to the U.S. Department of Health and Human Services, 70% of people turning 65 can expect to use some form of long-term care during their lives. But less than one-third of Americans who are 50 or older have begun saving for long-term care.

Long-term care includes a range of personal daily living services. Most long-term care isn’t related to medical care, but rather assistance with daily bathing, dressing, using the toilet or eating. Other types of long-term support include help with housework, managing money, taking medication and shopping.

Many Americans mistakenly believe that Medicare pays for the bulk of long-term care. In fact, Medicare only pays for long-term care if you require skilled services or rehabilitative services, and it will only do so in a nursing home for a maximum of 100 days (the average is 22 days), or at home for a much shorter period.

Long-term care insurance can be expensive, but not having it may endanger your retirement and other savings.

Here are some tips to consider before you buy: read more