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While many of us actively plan for retirement, only a small fraction of American workers actively plan for the possibility of becoming disabled. Before you decline to purchase a short-term or long-term disability plan, consider some of these facts:

‘Tis the Season! Old Dominion Capital Management teammates spent time this week making care packages for our troops who will be overseas for the holidays.  We thank all Veterans and military personnel for their service, and wish them happy and peaceful holidays this year!

Is your garage overflowing with bank statements and paid bills from ten years ago?  Are you unsure about what documents need to be retained and what can be tossed? Speaking of tossing, what documents can be tossed in the trash, and which should be shredded?  Are you wanting to finally get control of your documents?

The average American spends more than $10,000 per person annually on healthcare expenses, including premiums, deductibles and coinsurance amounts.  For a large family, that amount can quickly become unsustainable. In the past, it was common for employers to absorb the majority of these costs, leaving the employee responsible for only a small portion.

Click here to read our monthly newsletter with an in-depth discussion of the economy and investment markets.  We hope you find this useful.

Here are the answers to some of the most common investment questions you’ve always wanted to ask.

The average American spends more than $10,000 per person annually on healthcare expenses, including premiums, deductibles and coinsurance amounts.  For a large family, that amount can quickly become unsustainable. In the past, it was common for employers to absorb the majority of these costs, leaving the employee responsible for only a small portion.

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?

Giving money to philanthropic causes is important to many of us. Year end giving in particular is popular with both donors and charitable organizations. The most common way to give money for most people is to simply write a check or put a donation on a credit card. The charity then typically sends us a receipt for our donation, and everyone is happy.

Not so fast.

If you are subject to Required Minimum Distributions from your IRA and you want to make charitable gifts between now and the end of the year, making a Qualified Charitable Distribution from your IRA will give you the tax benefits of the charitable gift while still preserving your standard deduction.