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Polls are open 7 AM –7 PM on Nov 8 2016 ( You will be allowed to vote if you are at your polling line by 7 PM)

You must bring an ID accepted by the election authorities

Here is the link to find your polling location using Google #Everyonein2016 https://g.co/kgs/QHMm0P

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Annual benefit enrollment is here. You will make your enrollment elections now through the final date set by your company.

Your company might have informational sessions and meetings with a benefits specialist for you to learn about the enrollment options and cost associated with it.

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6 Tax-Saving Strategies

These 6 tax savings tips will allow you to help to save tax at the year-end.

1. Contribute to a tax-advantaged retirement plan or health savings account.

2. If you’ve reached age 70½, remember to take required minimum distributions.

3. Donate to charity.

4. Take advantage of a qualified charitable distribution.

5. Reduce capital gains with tax-loss harvesting.

6. Review your deductions to maximize tax savings (Itemizing deductions, medical and miscellaneous deductible expenses, etc )

via [Six tax-saving tips to complete by year-end]

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What is Tax loss harvesting?

You can sell stocks, bonds, mutual funds, or other investments that have lost value, to reduce taxes on realized capital gains from winning investments. It’s called tax-loss harvesting.

You can offset capital gains when you have a investment losses on stocks, bonds, mutual funds, or other investments that have lost value( both short-term and long-term on stock).

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Here is the IRS tax rates that you will use to prepare your 2016 tax returns in 2017. 2016 individual tax returns are due by Monday, April 17, 2017.

7 brackets : 10%, 15%, 25%, 28%, 33%, 35%, and 39.6%.

Single

Taxable Income Tax Rate
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Fidelity comparable Vanguard Sector ETFs

Fidelity Sector ETFs Vanguard Sector ETFs
Fidelity MSCI Consumer Discret ETF (FDIS)
Vanguard Consumer Discretionary ETF (VCR)
Fidelity MSCI Consumer Staples ETF (FSTA)
Vanguard Consumer Staples ETF (VDC)
Fidelity MSCI Energy ETF (FENY)
Vanguard Energy ETF (VDE)
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Coverdell Education Savings Accounts (ESAs) plans is similar to Roth IRAs, The money you deposit into this account is pre-taxed, all growth and distributions are tax-free. It is a great way to fund elementary and high-school expenses as well as college education for your kids.

  • Contribution limit – $2,000 per year
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Here are the Warren Buffett’s 5 investing tips over the years

1) Don’t Buy or Sell Based on Headlines

2) Dont Try to Profit From Bubbles

3) Put Your Emotions Aside

4) Always Invest in Productive Assets

5) Always Invest in America

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Here is the list of wells fargo customer service phone numbers when you suspect a fraud

Personal
ATM, Debit Card, or Checking Fraud :1-800-869-3557
Credit Card Fraud : 1-800-642-4720

Business

ATM, Debit Card, or Checking Fraud : 1-800-225-5935
Credit Card Fraud : 1-800-225-5935

 

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How to Avoid Bank Fraud ?

Here are some practical tips to protect yourself from bank frauds

Monitor account regularly

Check to see if there any unauthorized fees.

Check for pending charges

Fraudulent charges are often show as pending charges for a period of time.

Place a Security Freeze on Your Credit

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