by Leif Jensen | Feb 1, 2021 | Uncategorized |
Many key dollar limits on retirement plans will remain the same in 2021 over 2020. The maximum 401(k) contribution stays at $19,500. People born before 1972 can contribute an extra $6,500. These limits apply to 403(b) and 457 plans as well. The cap on SIMPLEs is...
by Leif Jensen | Dec 9, 2020 | Uncategorized |
Illinois has collected more than $100 million in recreational marijuana tax revenue since legalizing sales Jan. 1, 2020 according to the state’s Department of Revenue. The tax revenue, which includes a cannabis tax, as well as state and local sales taxes, reflects...
by Leif Jensen | Dec 2, 2020 | Uncategorized |
A tried and true year-end planning tip has been to donate valuable property, contribute appreciated investments, such as stocks or shares in mutual funds. Provided you have owned the property for more than a year, you can generally write off the full value if you...
by Leif Jensen | Nov 10, 2020 | Uncategorized |
Banks are not your friend. They never were and were never meant to be. They are businesses that are run by very conservative greedy people. They will take a small risk, but only at great value to them. If you were a bank you would run the same way. So, when you are...
by Leif Jensen | Oct 26, 2020 | Uncategorized |
Despite the warnings from Steven Hawking, Elon Musk and Bill Gates; everyone is rushing to get and implement “Artificial Intelligence” into every aspect of our computers. The one I hadn’t really considered was the military aspects of “AI”. Now I find that the U.S....
by Leif Jensen | Jul 22, 2020 | Rant, Uncategorized |
It’s the 4th of July weekend and all five of us are here for the annual barbeque. While my wife was thrilled to have us all together, it was interesting to see my boys all in their twenties playing video games together. While this has been a common sight in years...
