Navigating a clear course toward your financial security.

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 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)

December 23, 2018: Considerations for spouses with inherited retirement accounts, by David T. Mayes, EA, CFP(R)

December 9, 2018: Coordinating HSA contributions with Medicare, by David T. Mayes, EA, CFP(R)

November 25, 2018: New Form 1040 shorter, but not necessarily simpler, by David T. Mayes, EA, CFP(R)

November 11, 2018: Planning for mutual fund capital gains, by David T. Mayes, EA, CFP(R)

October 28, 2018: Good options for old insurance policies, by David T. Mayes, EA, CFP(R)

September 30, 2018: Goal setting for financial success, by David T. Mayes, EA, CFP(R)

September 16, 2018: Right way for kids to split parent's IRA, by David T. Mayes, EA, CFP(R)

August 19, 2018: Roth conversions require more thought after TCJA, by David T. Mayes, EA, CFP(R)

August 5, 2018: Who pays the tax on an inheritance?, by David T. Mayes, EA, CFP(R)

July 22, 2018: Make sure tuition payments from 529 plans will be tax-free, by David T. Mayes, EA, CFP(R)

July 8, 2018: Making sense of capital gains tax, by David T. Mayes, EA, CFP(R)

June 24, 2018: Tax cut spotlights mega backdoor ROTH IRA, by David T. Mayes, EA, CFP(R)

June 3, 2018: Senior Safe Act to fight elder financial abuse, by David T. Mayes, EA, CFP(R)

May 20, 2018: Financial foundation for new college grads, by David T. Mayes, EA, CFP(R)

May 6, 2018: Small businesses need to revisit tax plans and structure, by David T. Mayes, EA, CFP(R)

April 8, 2018: What is impact of stock market volatility, by David T. Mayes, EA, CFP(R)

March 11, 2018: Change to mortgage interest deduction will catch some off guard, by David T. Mayes, EA, CFP(R)

February 25, 2018: IRS warns of new tax scams as filing season begins, by David T. Mayes, EA, CFP(R)

February 11, 2018: Think long-term in trying to minimize tax on retirement, by David T. Mayes, EA, CFP(R)

January 28, 2018: As markets continue upward, take stock of risks, by David T. Mayes, EA, CFP(R)

January 14, 2018: Charitable giving strategies after tax reform, by David T. Mayes, EA, CFP(R)

December 17, 2017: ETF tax advantages at risk in proposed tax reform, by David T. Mayes, EA, CFP(R)

December 3, 2017: What to know when donating stock to charityby David T. Mayes, EA, CFP(R)

November 19, 2017: What happens to your debt in estate planning? by David T. Mayes, EA, CFP(R)

November 5, 2017: HSA's can boost retirement readiness, by David T. Mayes, EA, CFP(R)

October 22, 2017: Keep gift tax rules in mind when feeling generous, by David T. Mayes, EA, CFP(R)

October 8, 2017: Market’s long bull-run rewards the patientby David T. Mayes, EA, CFP(R)

September 24, 2017: Equifax breach highlights need to protect personal info, by David T. Mayes, EA, CFP(R)

September 10, 2017: Tax benefits of life insurance can be lostby David T. Mayes, EA, CFP(R)

August 27, 2017: Annual review of beneficiary designations a priorityby David T. Mayes, EA, CFP(R)

July 30, 2017:  NUA may reduce tax on 401(k) plan company stock, by David T. Mayes, EA, CFP(R)

July 16, 2017: IRA Distribution Rules can be tricky,  by David T. Mayes, EA, CFP(R)

July 2, 2017: Roth IRAs & 401(k)s, similar but not equal, by David T. Mayes, EA, CFP(R)

June 18, 2017: College savings top of mind as school year ends, by David T. Mayes, EA, CFP(R)

June 4, 2017: Combating elder financial abuse, by David T. Mayes, EA, CFP(R)

May 7, 2017: Protect yourself from online investment scams, by David T. Mayes, EA, CFP(R)

April 23, 2017: What if Form 8606? IRA owners should know, by David T. Mayes, EA, CFP(R)

April 9, 2017: 529 Plan rule changes benefit college savers, by David T. Mayes, EA, CFP(R)

March 26, 2017: Social Security claiming decisions for divorcees, by David T. Mayes, EA, CFP(R)

March 12, 2017: Delaying retirement raises interesting questions, by David T. Mayes, EA, CFP(R)

February 26, 2017: Market Perspective: Stocks, bonds or cash?, by David T. Mayes, EA, CFP(R)

February 12, 2017: Tax reporting for home sales, by David T. Mayes, EA, CFP(R)

January 29, 2017: Be alert to scammers as tax season begins, by David T. Mayes, EA, CFP(R)

January 15, 2017: IRS eases relief rules for botched IRA rollovers, by David T. Mayes, EA, CFP(R)

December 25, 2016: Positioning portfolios for an uncertain 2017, by David T. Mayes, EA, CFP(R)

December 11, 2016: Year-end and 2017 planning by the numbers, by David T. Mayes, EA, CFP(R)

November 27, 2016: Investors should keep rising interest rates in perspective, by David T. Mayes, EA, CFP(R)

November 13, 2016: Protect financial information from hackers, by David T. Mayes, EA, CFP(R)

October 30, 2016: US tax code has grown from 400 to 74,000 pages, by David T. Mayes, EA, CFP(R)

October 16, 2016: Retirement planning not just about saving, by David T. Mayes, EA, CFP(R)

October 2, 2016: Preferred stocks offer high income and risks, by David T. Mayes, EA, CFP(R)

September 4, 2016: Social Security creates odd incentives for widows, by David T. Mayes, EA, CFP(R)

August 21, 2016: College Planning changes with earlier FAFSA filing, by David T. Mayes, EA, CFP(R)

August 7, 2016: Handling required minimum distributions with multiple accounts, by David T. Mayes, EA, CFP(R)

July 10, 2016: Power of attorney documents a must have, by David T. Mayes, EA, CFP(R)

June 19, 2016: Avoid tax traps, pitfalls of intra-family loans, by David T. Mayes, EA, CFP(R)

June 5, 2016: IRS warns tax scams targeting younger people, by David T. Mayes, EA, CFP(R)

May 22, 2016: Live longer by retiring later?, by David T. Mayes, EA, CFP(R)

May 8, 2016: Can money buy happiness?, by David T. Mayes, EA, CFP(R)

April 10, 2016: Last call for Social Security strategies, by David T. Mayes, EA, CFP(R)

March 13, 2016: Three common tax season misconceptions, by David T. Mayes, EA, CFP(R)

February 28, 2016: Tax time is prime time for identity thieve,s by David T. Mayes, EA, CFP(R)

February 14, 2016: Pitfalls to avoid when helping a child buy a home, by David T. Mayes, EA, CFP(R)

January 31, 2016: Don't let market declines trick you, by David T. Mayes, EA, CFP(R)

January 17, 2016: When to amend your revocable trust, by David T. Mayes, EA, CFP(R)

January 3, 2016: Gift tax rules can complicate college savings, by David T. Mayes, EA, CFP(R)

December 20, 2015: Donating retirement assets to charity, by David T. Mayes, EA, CFP(R)

December 6, 2015: Carefully choose IRA beneficiaries, by David T. Mayes, EA, CFP(R)

November 22, 2015: Be mindful of IRS wash sale rules, by David T. Mayes, EA, CFP(R)

November 8, 2015: Budget deal axes popular Social Security strategies, by David T. Mayes, EA, CFP(R)

October 25, 2015: Evaluating pension buyout offers, by David T. Mayes, EA, CFP(R)

September 27, 2015: Re-visit Roth conversions as deadline approachesby David T. Mayes, EA, CFP(R)

September 13, 2015: Resist temptation to time the markets, by David T. Mayes, EA, CFP(R)

August 30, 2015: Millennials jeopardize retirement by avoiding stocks, by David T. Mayes, EA, CFP(R)

August 16, 2015: Happy 80th birthday Social Securityby David T. Mayes, EA, CFP(R)

August 2, 2015: Factors that drive asset returnsby David T. Mayes, EA, CFP(R)

July 19, 2015: IRAs are not always tax-deferred, by David T. Mayes, EA, CFP(R)

July 5, 2015: Economic recovery remains solid, by David T. Mayes, EA, CFP(R)

June 21, 2015 Dollar cost averaging can help smooth market entry, by David T. Mayes, EA, CFP(R)

May 24, 2015: Using annuities for lifetime income in retirement, by David T. Mayes, EA, CFP(R)

May 10, 2015: Should alternative investments be in your portfolio?, by David T. Mayes, EA, CFP(R)

April 26, 2015: Custodian errors can defeat backdoor Roth strategy, by David T. Mayes, EA, CFP(R)

April 12, 2015: 2014 tax season brought unpleasant surprises, by David T. Mayes, EA, CFP(R)

March 29, 2015: Tax-advantaged college funding, by David T. Mayes, EA, CFP(R)

March 15, 2015: Making the most of college financial aid, by David T. Mayes, EA, CFP(R)

March 1, 2015: Stay focused when markets misbehave, by David T. Mayes, EA, CFP(R)

February 8, 2015: How to fix IRA contribution mistakes, by David T. Mayes, EA, CFP(R)

January 25, 2015: Inheritance missteps can be costly, by David T. Mayes, EA, CFP(R)

January 10, 2015: Health Law Brings New Forms, Taxes and Credits, by David T. Mayes, EA, CFP(R)

December 27, 2014: Start Your 2015 Financial Planning Checklist, by David T. Mayes, EA, CFP(R)

December 13, 2014: How Work Impacts Social Security Benefits, by David T. Mayes, EA, CFP(R)

November 29, 2014: Year-End Tax Saving Moves, by David T. Mayes, EA, CFP(R)

November 8, 2014: Social Security Benefits for Children, by David T. Mayes, EA, CFP(R)

October 25, 2014: Using 72(t) to Avoid Tax Penalties, by David T. Mayes, EA, CFP(R)

October 11, 2014: Tapping Traditional IRA Early Without Penalties, by David T. Mayes, EA, CFP(R)

September 27, 2014: IRS Clarifies Rules for After-Tax 401(k) Rollovers, by David T. Mayes, EA, CFP(R)

September 14, 2014: Social Security Benefits Reduces for Many Public Employees, by David T. Mayes, EA, CFP(R)

August 31, 2014: When Rates Rise: Bonds or Bond Funds? by David T. Mayes, EA, CFP(R)

August 17, 2014: Is Your 401(k) Enough to Retire on? by David T. Mayes, EA, CFP(R)

August 3, 2014: What You Should Know About Cash Balance Plans, by David T. Mayes, EA, CFP(R)

July 20, 2014: Halftime Report: Markets Continue to Reward Investors, by David T. Mayes, EA, CFP(R)

July 6, 2014: Top Questions Asked Just Before Retirement, by David T. Mayes, EA, CFP(R)


Email your questions to


Other Featured Articles

The following financial investment articles are available to read and/or to print a copy.

Are You Properly Protected?

Basic Estate Planning

Being an Executor

Beneficiary Designations I

Beneficiary Designations II

Carefully Weigh Options When Naming Trustees

Caution Urged on Tax-Free Exchanges

Charitable Trusts

College Investing Plans

Consider a Post-Mortem Letter

Consolidate Your Assets

Easing Money Worries

FDIC Insurance Limit Increase Extended

Focus on Fiduciary

Grandchildren's Education

Helping Your Parents

"I Get the Bigger Half"

Inflation Picture May Mean Smaller Social Security Checks for Some Retirees

Is your child heading to college soon?  Here are some tips:

Loans to Family Members

Navigating a Clear Course

NH Contemplates New Estate Tax

Planning for Long-Term Care

Pre-Retirement Sabbatical

Procrastination Costs Money

Protect yourself from Identity Theft

Reduce Your Risk of Identity Theft by Banking Online?

Retirement Income Planning

Roth IRA Conversion Opportunity Approaching

Serving on Non-Profit Boards

Starting Social Security

Student Financial Aid

Successful Aging

The Markets

Variable Annuities

Please contact us with questions or if you are looking for investment related information that is not featured in this list of Financial Investment Articles.

Secure Document Vault Don't email that document - Send confidential data to us with confidence using our secure document portal.