Investors have a new mechanism for investing in municipal bonds, courtesy of the American Recovery and Reinvestment Act of 2009. As part of the Obama administration's economic stimulus program, the bill authorized a subsidy for local and state governments that issue what are known as Build America … [Read more...]
$250,000 Bank Deposit Account Insurance Limit Extended
On May 20, 2009, President Obama signed the Helping Families Save Their Homes Act of 2009. Included in the legislation was a provision that postpones until January 1, 2014 the expiration of the $250,000 limit on Federal Deposit Insurance Corp. (FDIC) insurance for bank deposit accounts. The limit … [Read more...]
June 2009 Newsletter
The June 2009 newsletter is now available. It includes articles on the new credit card law provisions, energy-efficient tax credits, estate planning for second marriages, and social security planning. Click here to read it. … [Read more...]
New credit card law provisions
The key provisions of the credit card law that Obama signed last Friday, May 22 are below. But first, my two cents ... I've heard a lot of talk about how these changes might make it more difficult to get credit and could result in higher fees in general and annual fees in particular for people … [Read more...]
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