Friday November 17, 2017

News

Our News
Exciting events are happening at ABF
Thank you for your interest in American Baptist Foundation. Our hope is to serve you and your family with helpful information.
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Personal Planner
Ten Reasons to Update Your Estate Plan
You have completed a will and perhaps a revocable living trust. Your durable power of attorney for healthcare and a living will are accompanied by a HIPAA release. All of your records are safely in...
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Savvy Living
Social Security Options for Divorced Spouses
As a divorced woman, am I entitled to my ex-husband's Social Security benefits? I was married for 14 years and would like to know how this works. Yes, you may be eligible for divorced spouse Social...
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Washington News
Senate Tax Cuts and Jobs Act
On November 9, the Senate Finance Committee released its version of the Tax Cuts and Jobs Act. The Senate Finance Committee press release stated the bill would provide "fiscally responsible middle-class tax relief by cutting tax rates across the board, reducing the tax burden on American job creators and modernizing our tax system." The Senate Finance Committee release summarized the main provisions of their comprehensive tax bill. Tax Rates - There are seven brackets ranging from 0% to 38.5%. The top rate applies to taxpayers with income over $500,000 for single filers and $1 million for married couples. A goal of the bill is to provide tax relief for middle-income taxpayers. Standard Deduction - The...
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