Archive of Portsmouth Herald Money Talk Columns

​Read David's informative Money Talk column, appearing bi-weekly in the Sunday business section of the Portsmouth Herald.

December 20, 2022: Consider these tax saving moves before year-end, by David T. Mayes, EA, CFP(R)

December 1, 2022: Inflation and bear market may have retirees rethinking Social Security strategy, by David T. Mayes, EA, CFP(R)

November 17, 2022: IRS guidance provides relief from RMD penalties for some, by David T. Mayes, EA, CFP(R)

October 27, 2022:Inflation related COLAs hit retirement contribution and other tax limits, by David T. Mayes, EA, CFP(R)

September 29,2022: Need retirement funds early? Remember 72(t), by David T. Mayes, EA, CFP(R)

August 25, 2022: Must-do items to tackle as you head into retirement, by David T. Mayes, EA, CFP(R)

August 11, 2022: When are Roth conversions a bad idea? by David T. Mayes, EA, CFP(R)

July 28, 2022: 529 Plan tips for back to school, by David T. Mayes, EA, CFP(R)

July 14, 2022: Congress has more changes in store for retirement accounts, by David T. Mayes, EA, CFP(R)

June 30, 2022: Latest report highlights need for action on Social Security, by David T. Mayes, EA, CFP(R)

June 2, 2022: Strategies to shore up retirement even in declining market, by David T. Mayes, EA, CFP(R)

May 12, 2022: Investors face challenging stock and bond markets, by David T. Mayes EA, CFP(R)

April 28, 2022: IRS proposed new rules for inherited IRA RMDs, by David T. Mayes, EA, CFP(R)

April 14, 2022: Spouses inheriting Roth should consider options, by David T. Mayes, EA, CFP(R)

March 20, 2022: Simple steps to protect your financial accounts from scammers, by David T. Mayes, EA, CFP(R)

March 6, 2022: Early retirees can tap retirement accounts without penalty, by David T. Mayes, EA, CFP(R)

February 17, 2022: Spouses have options for inherited Roth IRA's, by David T. Mayes, EA, CFP(R)

January 23, 2022: Position your 2022 portfolio for markets and inflation, by David T. Mayes, EA, CFP(R)

January 6, 2022: Boost your 2022 tax savings with new IRS limits, by David T. Mayes, EA, CFP(R)

November 14, 2021: Revisit estate planning to avoid key errors, by David T. Mayes, EA, CFP(R)

September 30, 2021: Pending bills may bring more changes for retirement accounts, by David T. Mayes, EA, CFP(R)

September 2, 2021: Keep key milestones in mind for retirement planning, by David T. Mayes, EA, CFP(R)

August 23,2021: Be sure to understand these annuity features before purchasing, by David T. Mayes, EA, CFP(R)

August 8, 2021: Decision steps to make best use of a windfall, by David T. Mayes, EA, CFP(R)

July 25, 2021: Don't forget about taxes on cryptocurrencies, by David T. Mayes, EA, CFP(R)

June 27,2021: Tax strategies for rental property sales, by David T. Mayes, EA, CFP(R)

June 10, 2021: Remember your strategy when market hits new highs, by David T. Mayes, EA, CFP(R)

May 29, 2021: IRS issues confusing guidance on RMDs for IRA beneficiaries, by David T. Mayes, EA, CFP(R)

May 13, 2021: 529 Day a reminder about college savings for parents, by David T. Mayes, EA, CFP(R)

April 18, 2021: FAFSA changes coming, by David T. Mayes, EA, CFP(R)

March 21, 2021: How to delay RMDs by using the still working exception, by David T. Mayes, EA, CFP(R)

March 4, 2021: RMDs go back into tax planning for 2021, by David T. Mayes, EA, CFP(R)

February 5, 2021: Be on guard against scammers as tax season kicks off, by David T. Mayes, EA, CFP(R)

January 22, 2021:Investing lessons from the pandemic, by David T. Mayes, EA, CFP(R)

January 8, 2021: Key Roth IRA conversion decision points, by David T. Mayes, EA, CFP(R)

December 11, 2020: IRS releases new RMD tables, by David T. Mayes, EA, CFP(R)

November 27, 2020: Should an irrevocable trust be part of your estate plan? by David T. Mayes, EA, CFP(R)

November 13, 2020: Factors to consider when making pension decisions at retirement, by David T. Mayes, EA, CFP(R)

October 30, 2020: How to use tax options to help build nest egg, by David T. Mayes, EA, CFP(R)

October 2, 2020: Remember SECURE Act in your year-end planning, by David T. Mayes, EA, CFP(R)

September 18, 2020: Tech Talk: Investors feel election year jitters, by David T. Mayes, EA, CFP(R)

September 4, 2020: SSA needs better procedures to avoid underpaying benefits, by David T. Mayes, EA, CFP(R)

August 23, 2020: Laid off at 62-should you start Social Security? by David T. Mayes, EA, CFP(R)

August 7,2020: Avoid tax traps on 529 plan withdrawals for college, by David T. Mayes, EA, CFP(R)

July 24, 2020: Understand how taxes impact heirs when planning your estate, by David T. Mayes, EA, CFP(R)

July 10, 2020:IRS clarifies rules for coronavirus-related IRA withdrawals, by David T. Mayes, EA, CFP(R)

June 26,2020:IRS issues new guidance for 2020 RMD waiver, by David T. Mayes, EA, CFP(R)

June 12, 2020: Pandemic creates ripe opportunity for scammers, by David T. Mayes, EA, CFP(R)

May 29, 2020: Don't overlook financial planning tasks on your new baby checklist, by David T. Mayes, EA, CFP(R)

May 1, 2020: CARES Act includes provision to help senior retirees, by David T. Mayes, EA, CFP(R)

April 17, 2020: COVID-19 brings estate planning into focus, by David T. Mayes, EA, CFP(R)

April 3, 2020: CARES Act brings temporary changes for retirement accounts, by David T. Mayes, EA, CFP(R)

March 20, 2020: How to nurse your portfolio back to health, by David T. Mayes, EA, CFP(R)

March 6, 2020: Don't forget your 2020 tax plan when filing for 2019, by David T. Mayes, EA, CFP(R)

February 23, 2020: Where is the plan for Social Security? by David T. Mayes, EA, CFP(R)

February 9, 2020: Tax season brings new forms and law changes, by David T. Mayes, EA, CFP(R)

January 26, 2020: Make rebalancing plan with stocks hitting new highs, by David T. Mayes, EA, CFP(R)

December 27, 2019:SECURE Act brings changes for IRA & 529 accounts, by David T. Mayes, EA, CFP(R)

December 15, 2019: IRMAA can trigger health cost spikes for retirees, by David T. Mayes, EA, CFP(R)

December 1, 2019: Beneficiaries of retirement accounts should know rules on withdrawals, by David T. Mayes, EA, CFP(R)

November 17, 2019: IRS proposed changes to RMD tables will offer little tax savings, by David T. Mayes, EA, CFP(R)

November 3, 2019: Ways to give to charity and still reduce your taxes, by David T. Mayes, EA, CFP(R)

October 20, 2019: Couples should know of ways to maximize Social Security, by David T. Mayes, EA, CFP(R)

October 6, 2019: When is 4% less than 4%? -after taxes, by David T. Mayes, EA, CFP(R)

September 22, 2019: Know your bond funds before recession, by David T. Mayes, EA, CFP(R)

September 8, 2019: Check your target-date fund if close to retirement, by David T. Mayes, EA, CFP(R)

August 28, 2019:Poor decisions on social security are costly for retirees, by David T. Mayes, EA, CFP(R)

August 11, 2019: Avoid these errors when tapping 529 plans for college bills, by David T. Mayes, EA, CFP(R)

July 12, 2019: Consider Roth conversions while rates are low but watch for hidden costs, by David T. Mayes, EA, CFP(R)

June 28, 2019: Retirees should take a long view on taxes, by David T. Mayes, EA, CFP(R)

June 16, 2019: SECURE Act will require review of retirement plans, by David T. Mayes, EA, CFP(R)

June 2, 2019: Annual 529 day puts college planning in focus, by David T. Mayes, EA, CFP(R)

May 5, 2019: Surrendering annuity has financial implications, by David T. Mayes, EA, CFP(R)

April 21, 2019: Key retirement numbers for 2019, by David T. Mayes, EA, CFP(R)

April 7, 2019: Be mindful of 401(k) contribution limits when changing jobs, by David T. Mayes, EA, CFP(R)

February 10, 2019: National Consumer Protection Week reminds to be alert for scams, by David T. Mayes, EA, CFP(R)

February 24, 2019: Section 199A deduction offers tax savings for some business owners, by David T. Mayes, EA, CFP(R)

February 10, 2019: Higher estate tax limit could leave heirs with larger tax bill, by David T. Mayes, EA, CFP(R)

January 27, 2019: Tax season set to kick off with reduced IRS penalties, by David T. Mayes, EA, CFP(R)

January 6, 2019: How to respond to uncertain market in 2019, by David T. Mayes, EA, CFP(R)