A 3.8% net investment income tax applies to some or all of the net investment income of individuals whose modified adjusted gross income (MAGI) exceeds certain thresholds.

Investing for your retirement isn’t about getting rich quick. When considering planning for retirement and wealth management, think of it as a lifelong experience. You wouldn’t expect to be able to play the piano without learning the basics and practicing.

Conventional wisdom says that what goes up must come down. But even if you view market volatility as a normal occurrence, it can be tough to handle when your money is at stake. Though there’s no foolproof way to handle the ups and downs of the stock market, the following common-sense tips can help. 

It wasn’t so long ago that many investors regarded dividends as roughly the financial equivalent of a record turntable at a gathering of MP3 users — a throwback to an earlier era, irrelevant to the real action. But fast-forward a few years, and things look a little different. 

Many people mistakenly believe that Medicare will pay for long-term care. But Medicare provides only limited coverage for long-term care services such as skilled nursing care or physical therapy. And although Medicare provides some home health care benefits, it doesn’t cover the type of care older individuals most often need.

Why is your time horizon important?  Your time horizon is investment-speak for the amount of time you have left until you plan to use the money you’re investing. Retirement planning matters.