Good Deed

Financial FAQs

Here are the answers to some of the most frequently asked financial questions.  

I’ve just started my first job.  Do I really have to start saving for retirement now?

Reducing Your Life Insurance Costs by Creating a Policy Ladder

I have always believed that it is a rare occasion that insurance should be used for more than insuring something you can’t afford to lose.  When considering life insurance, this means using term policies to cover income that your family can’t do without.  Sure, on a rare occasion we will find a cash value policy useful for estate planning with tax issues.

Quiz: Social Security Survivor Benefits



Did you know that Social Security may pay benefits to your eligible family members when you die, helping to make their financial life easier? Take this quiz to learn more.


1. What percentage of Social Security beneficiaries receive survivor benefits?

a. 5%

b. 10%

Making Cents: How to pay less in income taxes

By: John P. Napolitano, CFP®, CPA, PFS, MST

Every year about this time, I publish something about trying to cut your income tax bill. This time of year makes sense because in April, many people are looking back at the tax returns that they just filed or extended for 2018 and asking, how can they cut this bill for 2019.

Credit Cards versus Debit Cards

Most consumers typically have both a credit card and a debit card. Of course, the biggest difference between the two is that a debit card will immediately take money out of your bank account when used, unlike a credit card, which will pay for the purchase and later add the amount of the transaction to your monthly statement.

But are there any other differences between the two?

Best Quarter for S&P 500 in 20-Years




April…can you believe it.  Spring breakers are done breaking.  Daylight saving time (no “s’ on saving) is in effect…hopefully year round.  Easter is on us.  And tax procrastinators are feeling the heat…the filing deadline is days away.

And how about those first quarter statements.  Beats your year ender, right?  I’m the first to say no day, week, quarter, or even year’s worth of performance will have lasting impact on your life long investing career.  But when we get a nice quarter, why not a little minor celebration.  Because you’re not likely to hear about it from mainstream media.

Many People Don't Plan for the Reality of Retirement

Many of us aren’t addressing the realities of retirement planning. Here are some of the most common planning mistakes being made today.

How do I replace my Social Security card?


Chances are, you probably have your Social Security number memorized, so you may not have had to use your card in awhile. However, there are times when you may be required to show your actual card, such as when you start a new job or need to access certain government services. Fortunately, replacing a lost or stolen card is a relatively easy process.

Investing for Income

Investing in retirement takes a different approach than investing to build wealth. In retirement, investing for income becomes much more important.

Planning a Family? Get to Know Your Health Insurance Policy

Congratulations! You've decided to start a family. Up until now, your health insurance has probably been adequate, paying for routine doctor visits and prescription drugs. But now that you're facing a lifestyle change, you must make sure that your health insurance policy will keep up with those changing needs.

Check your coverage

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