Be Careful About Picking Beneficiaries for Your IRAs and 401(k)s

Inheriting IRA or 401(k) proceeds from a friend or relative can be a potentially huge windfall, but it can also be a sizable tax headache. For both the giver and the recipient, it’s worth getting some advice.
Bank accounts, stocks, real estate and life insurance proceeds generally pass to heirs free of income tax. However, inherited [...]

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John Gay, CFP® of Frisco Financial Planning Named to Dallas-Fort Worth (DFW) “Best Financial Planners List”

John Gay, CFP® was recently named by his colleagues to the D Magazine List of the Best Financial Planners in Dallas-Fort Worth (DFW).
Frisco, TX: December 19, 2008 — John Gay, CFP®, a Certified Financial Planner(tm) practitioner in the Dallas suburb of Frisco was named by his peers in the January 2009 issue of D Magazine [...]

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Beware of the Doghouse

Guys: before you buy that “perfect” Christmas gift for your wife, watch this video to make sure you don’t get thrown in the doghouse!

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