Remar's Report

Avoid 8 Summer Scams Targeting Your Wallet

June 2016

Warmer days bring thoughts of relaxing summer activities, vacation, and plans for completing home maintenance and repairs. Unfortunately, this is also a prime time for scammers as they target your summer activities to steal your hard-earned money. \It is important to watch out for these wide-spread cons and take steps to protect yourself. This article will help you do that.

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Saving for Retirement? Comparing Traditional and Roth IRAs

May 2016

Individual retirement accounts (IRAs) are popular tax-advantaged vehicles for saving for retirement. Understanding the different types of IRAs and the differences between them is important when you begin saving for retirement. Although there are 11 different types of IRAs, the most common are the traditional IRA and the Roth IRA.

The major difference between the traditional and Roth IRA is the nature of the tax advantage. The contributions to a traditional IRA are deductible from the investor’s taxable income in the year of the contribution. Tax on the contributions and the account holder’s earnings is then deferred until funds are withdrawn from the IRA. In contrast, contributions to a Roth IRA are not deductible, but the contributions grow tax-free and are tax-exempt when withdrawn.

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Buying a Car with Bad Credit

April 2016

Is your credit score keeping you from getting a new vehicle? Having bad credit brings concerns of whether or not you can afford a reliable vehicle, get a loan at a reasonable rate, and avoid pressure from lenders. Though these concerns are realistic, it is important to know that most people in this situation are able to find a reliable vehicle and a loan that doesn’t break the bank. To do this though, you have to do your homework to understand the right steps to take. This report will show you those steps and will help you understand what you need to know to get the vehicle you need.

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It's Time to Check Your Social Security Statement Online

March 2016

According to the Social Security Administration (SSA), checking your Social Security statement annually is something all working adults should do. An annual review allows you to check the accuracy of your earnings recorded for the previous year and gives you the opportunity to correct any mistakes that may have been recorded on your statement. Each statement also estimates the monthly Social Security payment you can expect in retirement based upon your current average earnings and planned retirement age. Having access to these various estimates can help you with your retirement planning. With all of this information at your fingertips, it makes sense to start checking your annual Social Security statement early in your working career, rather than waiting until you near retirement. If you don’t check your Social Security statement regularly, now is a good time to start!

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Why Do Scams Continue to Work?

February 2016

Scams have been around for generations. Scammers are all around us, using various different methods, with the same goal – to steal other people’s money. Scams are continually evolving, as scammers continuously come up with new ways to "deceive and thieve." Even though each new variety of scam brings in widely publicized warnings and descriptions, people still fall for them. Scammers are master manipulators and know how to use several basic strategies to trigger your emotions and trick you into taking quick action. No matter the scam, knowing these basic strategies can help you do a better job of recognizing any scam, whether it arrives by email, text, phone, snail mail, or in person.

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Make the Most of Your Financial Resolutions for 2016

January 2016

What are your financial resolutions for 2016? A recent survey from Fidelity, found that most people want to save more, spend less, and pay down debt. These are great financial goals, but making them a reality is not so easy. Why? First, the goals are vague–without a plan that has specific action steps, the goals will remain as just nice ideas. Second, achieving the goal of saving more requires most people to spend less and reduce debt. Thus, an effective plan must address all three goals in concrete ways. Here are some tips to help you get started.

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