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Thursday, April 11, 2024

Premiums, deductibles, and coinsurance amounts for Original Medicare generally change every year. Here's a look at some of the costs that will apply in 2024. Medicare Part A (Hospital Insurance) Costs for 2024 Premium for those who...

Thursday, March 28, 2024

Relying extensively on social security may not meet your retirement needs When it comes to planning for retirement, Social Security benefits have traditionally been viewed as a safety net for many individuals. However, in recent years,...

Wednesday, March 27, 2024

Tips and Tricks to Get Started Today An emergency fund is one of the most essential financial tools you can have in your financial toolbox. Approximately 30% of Americans have some emergency savings, though most do not have enough to...

Thursday, March 21, 2024

Weighing the pros and cons to determine if it makes sense to refinance As the burden of student loans continues to weigh on the shoulders of many, the prospect of refinancing has become increasingly attractive. For some borrowers, it's...

Thursday, March 14, 2024

7 Tips for Reviewing and Updating Your Insurance Coverage The new year is a good time to do a comprehensive review of your insurance. It is essential to examine it at least annually and, if necessary, modify your insurance plans for...

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Thursday, March 7, 2024

A Map to Changes in 2024 Navigating these demands an adaptable approach to planning your finances As we kick off 2024, the world of retirement planning is undergoing a fairly significant transformation, as tax brackets, retirement...

Thursday, February 29, 2024

Teach Your Children Well Many parents teach their children the ABCs at a very young age, but do they teach them the ABCs of good credit? At certain points in life, everyone must deal with banks, loans, credit, and finances. You may...

Thursday, February 22, 2024

Tips to Help You Define Your Quality of Life in Your Retirement Years Mental health and emotional well-being are vital aspects of life, particularly in our later years. The transition into retirement presents a myriad of changes that...

Thursday, February 15, 2024

The newest generation of upcoming retirees is facing a more unique and prominent dilemma than past generations have experienced: caring for family members at the same time they’re preparing for retirement. There are plenty of...

Thursday, February 8, 2024

Equity in Startups Is More Than Just a Perk In the exhilarating world of startups, offering equity to employees has become a prevalent trend. Equity is often dangled as a carrot, a promise of future rewards as the company scales and,...

Thursday, February 1, 2024

Planning for early retirement is great, but planning for healthcare coverage at the same time is sometimes more difficult. Healthcare costs are high, and finding ways to bridge the gap between the age you retire and the time you are...

Monday, January 22, 2024

Tax identity theft is a serious type of fraud that affects individuals of all ages and stages of life. To steal a person's tax identity, a scammer uses that person's Social Security number and other personal and financial information...

Thursday, January 18, 2024

Tax planning might be complex, but it's also essential—especially for high-net-worth families, where missing tax breaks or failing to optimize income could cost significant dollars, maybe millions, over a lifetime. And even in...

Thursday, January 4, 2024

Whether you are just entering your golden years or are already several years in, setting goals to stay on track and maintain your health, happiness, and finances is essential. So why not use the New Year's holiday to turn these goals...

Thursday, December 28, 2023

Improving return by minimizing taxes Although we are all obligated to pay our fair share of taxes, few of us would be pleased to pay taxes unnecessarily. Because taxes lower the actual return on your investments, you should be...

Thursday, December 21, 2023

Just what you need, right? One more time-consuming task to be taken care of between now and the end of the year. But taking a little time out from the holiday chores to make some strategic saving and investing decisions before December...

Thursday, December 14, 2023

If the end of the year has you in planning mode, you’re not alone—starting a new year may be a great opportunity for a review and renewal. What steps might you take for next year?  Review Asset Allocations Most...

Wednesday, December 6, 2023

One of the main concerns about retirement is health care. As healthcare costs continue to rise, medical bills may quickly derail your retirement plan. The good news is when you turn 65, you will be able to apply for Medicare, which...

Thursday, November 30, 2023

When it comes to your estate plan, you don’t just have it drafted and put away until it is time for your loved ones to manage your lifetime of affairs. As your world changes year by year, it is critical that you review your...

Wednesday, November 29, 2023

Safeguard your personal, financial and medical records at home and work With several past and present events involving the White House, data breaches, or classified documents being leaked, the importance of safeguarding confidential...

Friday, November 17, 2023

In an increasingly paper-free society, organizing your financial documents can still be a challenge. No matter how simple or complex your financial picture might be, it takes some thought-out organization to keep your tax...

Friday, November 10, 2023

By focusing on goals and priorities, you can create a new, simplified lifestyle As retirement approaches, many older adults consider downsizing their home as a way to simplify their lives, reduce expenses, and focus on what truly...

Thursday, November 9, 2023

Be proactive and follow these steps to ensure accuracy and compliance. Tax filing season can be a stressful time for many individuals. Dealing with the IRS and ensuring compliance with tax regulations can seem daunting. However, with...

Thursday, November 2, 2023

When it comes to financial planning, people often think of financial professionals as people who assist with strategies for retirement planning. That is one aspect of their job; however, financial planning and working with a financial...

Thursday, October 26, 2023

According to statistics from the National Association of Realtors (NAR), real estate is the second most targeted industry for cyber-attacks. The FBI reported almost $150 million in real-estate-related fraud in 2018, with scams aimed at...

Wednesday, October 18, 2023

For the second time in the nation’s history, the U.S. debt rating was downgraded by a rating agency, Fitch Ratings, from the highest rating, AAA (Exceptionally Strong), to AA+ (Very Strong). The last time this occurred was in...

Thursday, October 12, 2023

I am all set. I’ll be fine. I’ve got plenty of insurance already. Have you thought the same about insurance or made these statements before? Maybe you do have an appropriate amount of coverage, but do you have plans to...

Thursday, October 5, 2023

For some people, the thought of using financial services is a scary experience. It involves planning for a future where you may not know how the economy may be, how your health may be, or what your financial needs might be. One of the...

Thursday, September 28, 2023

What does a successful life mean to you? Whether it is as grand as owning a business or as simple as finding a way to balance work and family life, we all want our lives to be a reflection of success. But what steps are you taking to...

Thursday, September 21, 2023

As a successful business owner, you don't want to think about your operations being interrupted by a natural disaster or other unexpected event. Yet the possibility is a real one. Natural catastrophes represent just a portion of the...

Thursday, September 14, 2023

Understanding the importance of life insurance is one thing. Understanding the tax rules is quite another. As insurance products have evolved and become more sophisticated, the line separating insurance vehicles from investment...

Thursday, September 7, 2023

While you never know your needs as you age, the first step is thinking about your financial situation and health today so you can plan for your later years. With a one in four chance of making it to our 90th birthday, being independent...

Thursday, August 31, 2023

With the average price for private college tuition and fees hitting $43,750 for the 2021-2022 school year and public college attendees paying more than $28,000 per year, many parents are nervously anticipating what will happen after...

Monday, August 14, 2023

Go out into your yard and dig a big hole. Every month, throw $50 into it, but don't take any money out until you're ready to buy a house, send your child to college, or retire. It sounds a little crazy, doesn't it? But that's what...

Monday, August 7, 2023

What is investment tax planning for stocks? Investment tax planning for stocks takes advantage of the tax rules with the goal of achieving the best after-tax return on these investments. Strategies will differ depending on whether you...

Wednesday, August 2, 2023

Once you've identified your financial and investment goals and assessed your investing personality, you'll need to create an investment portfolio that fits your needs and understand what's involved in managing that portfolio on an...

Wednesday, July 12, 2023

Our 2023 investing outlook started with a theme of returning to normalcy. Considering 2022’s market volatility and the aftereffects of the pandemic, the idea of finding balance was certainly a welcomed change. It’s a theme...

Friday, June 30, 2023

For members of the "Sandwich Generation"—those currently in their 40s and 50s who are caring for children and their parents who are over 65-years old—estate planning may seem like a low priority. After all, when you're...

Tuesday, June 27, 2023

Are you interested in remodeling your outdated kitchen? Perhaps you're drowning in a sea of high-interest credit card debt, or need to find the money to send your child to college. Or maybe you just want the comfort of a cash reserve...

Tuesday, June 20, 2023

Many investors still adhere to the old adage—"sell in May and go away"—while others remain fully invested even as the summer heat waves begin. What goes unsaid is that if your asset allocation accurately reflects your risk...

Monday, June 12, 2023

Failing to raise the ceiling by June 1st could lead to short-term challengesThe debt ceiling, a crucial aspect of fiscal policy, has long been a subject of debate and concern within the United States. As the nation grapples with the...

Wednesday, May 31, 2023

Having enough retirement income is a top concern for many Americans nearing or in retirement. Even though they may have saved consistently throughout the working years, they may be concerned that their retirement plans will succeed. A...

Monday, May 29, 2023

Businesses can shift to a value-based care model which can reduce costsKeeping a lid on rising healthcare costs will likely remain at the forefront for organizations this year, for good reason. A confluence of factors – including...

Monday, May 22, 2023

In times of crisis, you don't want to be shaking pennies out of a piggy bank. Having a financial safety net in place can ensure that you're protected when a financial emergency arises. One way to accomplish this is by setting up a cash...

Monday, May 15, 2023

Financial markets reacted turbulently to the collapse of Silicon Valley Bank (SVB) on March 10, 2023, followed two days later by the failure of Signature Bank of New York. With $209 billion in assets and $175 billion in deposits, SVB...

Monday, May 8, 2023

An investment approach that can help you work towards a confident retirement.Retirement is a significant milestone in one's life, which requires careful planning and foresight to pursue a confident and stress-free transition. One...

Friday, April 21, 2023

Stay informed and adapt your strategies to changing market conditionsOver the past several years, the housing market has been on a relentless upward trajectory, with home prices reaching record levels and demand outpacing supply...

Friday, April 21, 2023

Five steps to take to mitigate any penalties and consequencesThe tax deadline for individuals in the United States is usually April 15, but in some years it can be moved due to various reasons. This year, the tax deadline was moved to...

Wednesday, March 29, 2023

What is working with an advisory team?Mismanagement is often the reason for new business failure. Therefore, a wise business owner surrounds himself or herself with the talented and experienced people it takes to make a business...

Monday, March 20, 2023

Powell’s comments suggest the Fed is likely to raise rates higher and fasterThe Federal Reserve, commonly referred to as the Fed, plays a crucial role in the U.S. economy. In fact, technically speaking, since the late 1970s, the...

Wednesday, March 15, 2023

As a business owner, you may have heard about the recent failures of Silicon Valley Bank and Signature Bank. These two events highlight the importance of diversifying your cash holdings ...

Tuesday, March 14, 2023

Bank Failures Raise Market DistressStock and bond market activity was materially shaken last week as Silicon Valley Bank (SVB), the California bank subsidiary of SVB Financial Group (SIVB), fell into FDIC receivership. SVB is...

Friday, March 10, 2023

If you're thinking about working in retirement, you must consider a few things before making your decision. As you get older, the question of when to collect Social Security retirement benefits and how your monthly payment may be...

Thursday, February 16, 2023

You can use a variety of strategies to pay off debt, many of which can cut not only the amount of time it will take to pay off the debt but also the total interest paid. But like many people, you may be torn between paying off debt and...

Thursday, February 9, 2023

When you start to consider if investing is an appropriate option for you, you may have questions. You might want to ask:How do I invest money, and where? How much money will I need? What are some common strategies for someone that has...

Thursday, February 2, 2023

What is it? If you're the beneficiary of a large inheritance, you may find yourself suddenly wealthy. Even if you expected the inheritance, you may be surprised by the size of the bequest or the diverse assets you've inherited. You'll...

Friday, January 27, 2023

The year 2022 will be remembered by investors as a very difficult year as almost all financial assets struggled. Stocks struggled, bonds struggled, housing struggled and cryptos got hammered as the Fed tried to reel in inflation by...

Thursday, January 19, 2023

You're almost done with your federal income tax return, and you're already thinking of ways to spend your refund. Then, the unthinkable happens — instead of a refund, you find that you owe $3,000. Or perhaps you've just received...

Thursday, January 12, 2023

Congress recently enacted landmark retirement legislation known as SECURE 2.0 that will incentivize individuals to save for retirement, while increasing access to workplace plans. The new law includes a number of provisions intended to...

Thursday, January 12, 2023

If you plan to gift a sizable amount of money to a loved one, gift tax should be on your radar. Gift tax is a federal tax imposed on transfers of cash or property valued above a certain threshold. Gift tax is paid by the gift giver,...

Tuesday, January 3, 2023

The first day back to work after the holiday season is difficult, there’s no doubt about it.But knowing that this day will come, there are ways you can help yourself, if just a little bit, to get over the physical and mental...

Thursday, December 29, 2022

Though the New Year may bring with it a new opportunity to set and achieve financial goals, the thought of making sweeping changes to your budget and lifestyle may be overwhelming. What can you do to improve your odds of success in...

Thursday, December 22, 2022

For many investors, this year has been a wild ride—with interest rate increases, a crypto implosion, and whipsawing values in the major market indices. It might be tough to catch one's breath and look ahead to next year. But the...

Thursday, December 15, 2022

Just what you need, right? One more time-consuming task to be taken care of between now and the end of the year. But taking a little time out from the holiday chores to make some strategic saving and investing decisions before December...

Wednesday, December 14, 2022

Through all the challenges, newfound opportunities, and every high and low we’ve experienced during the last couple of years, it’s no surprise that we might be striving for more balance. Whether it’s about the markets...

Thursday, December 8, 2022

Are you unsure about whether you're on the right track with your savings and investments? Finding yourself with new responsibilities, such as the care of a child or an aging parent? Facing other life events, such as marriage, divorce,...

Thursday, December 1, 2022

Are you leaving your job and considering whether to take a distribution from your 401(k), 403(b), or governmental 457(b) plan? if so, make sure you've considered all your options.In general, you have the following four options when...

Wednesday, November 16, 2022

Taxes, like death, are inevitable. But why pay more than you have to? The trick to minimizing your federal income tax liability is to understand the rules and make the most of your tax planning opportunities. Personal deduction...

Thursday, November 10, 2022

If you ask someone their favorite part of the holiday season, giving or receiving gifts will likely be their response nine times out of ten. Gift-giving is a huge part of the holidays—it’s why there are entire days...

Monday, November 7, 2022

With the holiday season upon us and the end of the year approaching, we pause to give thanks for our blessings and the people in our lives. It is also a time when charitable giving often comes to mind. The tax benefits associated...

Wednesday, October 26, 2022

Philanthropy today is different than it was in the past. It was once common for donors to distribute their wealth through smaller grants to numerous organizations. Over time, best practices for charitable giving have evolved, and...

Monday, October 10, 2022

College is expensive for many people. The average tuition and fees at a college or university for the 2019 to 2020 academic year at a four-year institution was $9,4001. This may include the cost of tuition, books, and housing. For some...

Thursday, October 6, 2022

According to statistics from the National Association of Realtors (NAR), real estate is the second most targeted industry for cyber-attacks. The FBI reported almost $150 million in real-estate-related fraud in 2018, with scams aimed at...

Monday, October 3, 2022

With so many contradicting recommendations and myths, it can be difficult to decipher breast cancer facts from fiction. However, there are plenty of agreed-upon risk factors, as well as best practices for testing, that are essential to...

Tuesday, September 20, 2022

Understanding relative strength (momentum) and counter-trend analysisWise investors alter their approaches as market cycles shift, from bull to bear to something in between. A consistent strategy can be far riskier than one that...

Tuesday, September 13, 2022

On Aug. 24, 2022, President Biden announced an unprecedented plan to eliminate student loan debt for millions of borrowers.1 This plan forgives up to $20,000 in federal student loan debt for qualified borrowers, including those holding...

Thursday, September 8, 2022

When people are leaving their employer, one of the decisions they need to make is what to do with their 401(k). A retirement plan participant typically has four options (and may engage in a combination of these options), each choice...

Tuesday, September 6, 2022

Understanding your style of investing is an important step – especially todayAre you a Growth investor or a Value investor? Or do you prefer a mix of the two?Understanding your style of investing is an important step in deciding...

Thursday, August 25, 2022

If you have a family, you know that long gone are the days of saving up your dollars and cents in a coffee can for a lively weekend at the beach with friends, where the only worries you had were how many suits you needed to pack for a...

Wednesday, August 24, 2022

Women often face special challenges when planning for retirement.For example, if they are the primary caregivers in their families, their careers may be interrupted to care for children or elderly parents, which means they may spend...

Friday, August 19, 2022

Why is diversification so important? The simple reason is that it helps manage the risk of loss in your portfolio.When investing, particularly for long-term goals, there are two concepts you will likely hear about over and over again...

Friday, August 5, 2022

Baby Boomers — those born between 1946 and 1964 — hold about $20 trillion in wealth.1 Over the next few decades, many Boomers may transfer this wealth to their Gen X, millennial, and Gen Z children, perhaps incurring a...

Thursday, July 28, 2022

All investing involves risk, including the possible loss of principal, and there can be no assurance that any investment strategy will be successful. And asset allocation and diversification alone cannot guarantee a profit or eliminate...

Thursday, July 21, 2022

The Producer Price Index is higher than the Consumer Price IndexOn July 13th, the U.S. Bureau of Labor Statistics (BLS) reported that the Consumer Price Index for All Urban Consumers (inflation) increased 1.3% in June after rising 1.0%...

Tuesday, July 19, 2022

What is customizing trusts?A trust is created when you (the grantor, settlor, or donor) transfer property to another person or persons (a trustee or trustees, which could also be you) for the benefit of a third person or persons (the...

Monday, July 11, 2022

The "Sandwich Generation" wakes up every morning with a lot on their plates. They not only have to provide support for themselves and their own children but also help to take care of aging parents. For many, this is both physically and...

Tuesday, June 28, 2022

Working towards financial independence can often be a lifelong process.But for many, financial freedom may come far sooner—and include some fun along the way. What are the differences between financial independence and financial...

Monday, June 27, 2022

Corporate wellness programs have been key tools in improving productivity, employee retention, and creating a more desirable corporate culture. While many companies have put a strong focus on physical wellness plans, many are just...

Monday, June 20, 2022

Social isolation makes people more susceptible to illness and death.1 While retirement is a time for relaxation and enjoyment from a lifetime of work, it may lead to a lack of purpose if you have depended on work for social activities...

Wednesday, June 15, 2022

3 Golf Tips to Keep Your Retirement Plan on CourseIn golf, as in finances, there are a few rules of thumb that may improve your game: keep a level head, avoid traps, practice before trying something new and stay the course. Applying...

Tuesday, May 31, 2022

Owning a home has long been part of the American dream. But did you ever consider why this is? Sure, for some it’s a good investment: their money goes toward their own equity rather than a landlord, and many people can make a...

Monday, May 30, 2022

Planning for retirement is essential as a step toward financial security. Most investors are familiar with 401(k)s, Traditional IRAs, or Roth IRAs but often may not know about an annuity's benefits in retirement. Knowing if retirement...

Friday, May 27, 2022

When you sign up for a homeowners or condominium owners insurance policy, you take the first step in protecting what may be one of your largest assets. It is important to be knowledgeable about the appropriate amount of coverage needed...

Thursday, May 26, 2022

Core bond investors have experienced the worst start to the year ever. However tough this year has been so far though (and it has been tough), the potential for future returns has improved meaningfully, in our view. Starting yields...

Thursday, May 26, 2022

You don't need to wait until the end of the year to look for ways to minimize your tax liability. Tax planning should take place throughout the year to have you prepared well ahead of tax season. Here are six ways to minimize your tax...

Wednesday, May 25, 2022

Wednesday, May 18, 2022

Monday, May 16, 2022

Wednesday, May 11, 2022

Wednesday, May 11, 2022

Monday, May 9, 2022

Monday, May 9, 2022

Thursday, May 5, 2022

Monday, April 18, 2022

Thursday, April 14, 2022

Wednesday, April 13, 2022

Wednesday, April 6, 2022

Friday, April 1, 2022

Friday, April 1, 2022

Tuesday, March 29, 2022

Wednesday, March 16, 2022

Tuesday, March 15, 2022

Tuesday, March 8, 2022

Monday, March 7, 2022

Wednesday, March 2, 2022

Tuesday, February 15, 2022

Tuesday, February 15, 2022

Tuesday, February 15, 2022

Tuesday, February 8, 2022

Monday, January 31, 2022

Saturday, January 29, 2022

Tax identity theft is when someone steals your Social Security Number, files a tax return with your number, and directs a refund to their own bank account. In other cases, this type of identity theft may involve a scam artist calling...

Tuesday, January 25, 2022

Monday, January 24, 2022

Wednesday, January 5, 2022

Wednesday, January 5, 2022

Wednesday, January 5, 2022

Wednesday, December 8, 2021

Wednesday, December 8, 2021

Wednesday, December 8, 2021

Wednesday, December 8, 2021

Tuesday, November 23, 2021

The holidays are prime time for eating delicious food, celebrating with loved ones, and creating long-lasting memories. However, all this cheer can be both physically and mentally draining. That’s why it is essential to focus on...

Tuesday, November 23, 2021

Preparing for retirement just got a little more financial wiggle room. The Internal Revenue Service (IRS) recently announced new contribution limits for 2022. Staying put for 2022 are traditional Individual Retirement Accounts (IRAs),...

Friday, November 19, 2021

It’s hard to believe we are already approaching the end of another year, and holiday season will soon be here. Since holiday spending doesn’t include just gifting, it’s essential to set your budget now. You may likely...

Monday, November 8, 2021

Today, many people find themselves bombarded by a constant stream of financial news from television, radio, and the Internet. Yet, does all this “information age” data really help you manage your finances any better now...

Friday, November 5, 2021

Not knowing what Congress will do should not stop you from planning One variable that is hard to plan for in retirement is taxes. There are steps you can take, though, despite the uncertain tax landscape. We don’t even know what...

Wednesday, October 6, 2021

October 2021 marks the 18th Cybersecurity Awareness Month—and cybercrime continues to evolve.1 Though you may not get as many emails promising bodily enhancements or asking you to keep some overseas funds in your checking account...

Wednesday, October 6, 2021

Between the never-ending candy supply and the various costume options, it’s hard to not get into the Halloween spirit. Whether you’re going for a scary or festive look, these themed decoration ideas will ensure that the...

Monday, September 27, 2021

The rules and consequences of IRA beneficiary arrangements are complex The rules pertaining to Individual Retirement Account (IRA) beneficiaries can be complicated. Here is a quick look at the limitations the Internal Revenue Service...

Monday, August 30, 2021

When was the last time you actually read your homeowner’s policy? Hurricane Ida made landfall near Port Fourchon, Louisiana, on Sunday, August 29 as an extremely dangerous Category 4 hurricane packing winds of 150 mph, the...

Tuesday, August 17, 2021

From bright yellows to fiery reds, fall foliage is something to be admired. Regardless of where you’re located, there are multiple routes within each region where you can experience the greatest colors. Charge your camera, pack...

Tuesday, August 17, 2021

As the summer draws to a close and the first chilly winds of autumn blow through, it’s time to think through the way you’ll clean up, fix up, and maintain your home for fall. By keeping up with your home’s maintenance...

Tuesday, August 3, 2021

America's major stock market indexes, including the Dow Jones Industrial, S&P 500, Nasdaq Composite and Nasdaq 100, all hit record highs on July 7, 2021.1 For some investors, it might be tempting to tap into your 401(k) to help pay...

Tuesday, July 20, 2021

The golden rule of financial planning: if you can plan it, you can achieve it Over the past July 4th, we celebrated our country’s history of declaring independence and guaranteeing basic human freedoms. But true freedom requires...

Saturday, July 17, 2021

There’s certainly a reason why trips to the beach are one of the most desired summer vacations. From basking in the sun to indulging in delicious boardwalk treats, a beach trip is sure to create unforgettable memories with both...

Tuesday, July 13, 2021

Your financial professional can help you plan for the rising costs of kids and college If you have a child in kindergarten, you may want to dust off a report from 2015 that explains just how expensive raising kids can be. And...

Thursday, July 1, 2021

These simple steps might save you a great deal of money and heartache We all make mistakes, and through them, we learn. But when it comes to finances, it is best not to take the trial-and-error approach. Maybe you’re making some...

Wednesday, June 30, 2021

At a time when your career is reaching a peak and you are looking ahead to your own retirement, you may find yourself in the position of having to help your children with college expenses while at the same time looking after the needs...

Wednesday, June 9, 2021

As time goes by, planning for a child’s college education is more challenging than ever before. The savings method you choose will depend on your child’s age, as well as your financial resources. Other considerations, such...

Tuesday, June 8, 2021

Market risk is something all investors may worry about, but those close to retirement have limited time to recover from market loss. If you are within ten years of retirement, now is a critical time for your portfolio to continue to...

Sunday, June 6, 2021

When it comes to shopping for Father’s Day, it can be tricky to avoid the old clichés of a new tie or a seventh (unnecessary) screwdriver for his toolbox. Besides, what if your dad isn’t the businessman or handyman...

Friday, May 28, 2021

For many Americans, the home is the single biggest purchase made during their lifetime.[1] As a result, it's important to do everything possible to keep it in good condition. Even moderate or short-term neglect can be dangerous, as...

Wednesday, May 12, 2021

If you are like many small business owners, there may never seem to be enough hours in the day. Yet, once a company reaches a certain size, it can become increasingly difficult to rely solely on the efforts of one person alone to keep...

Sunday, May 9, 2021

The income tax benefits offered by 529 plans make these plans attractive to parents (and others) who are saving for college or K-12 tuition. Qualified withdrawals from a 529 plan are tax free at the federal level, and some states also...

Wednesday, May 5, 2021

Insuring your business against various forms of financial loss is a common small business strategy. While you have much to attend to with the day-to-day needs of your small business, insurance considerations are equally as important....

Saturday, May 1, 2021

Like anyone else, you want a life insurance policy that meets your needs and budget. But how do you find the right policy when there are so many to choose from and many of them seem so similar? The key is knowing how to compare...

Tuesday, April 13, 2021

When securing your financial future, saving for retirement usually is a no-brainer. But between an IRA, Roth IRA, 401(k), 457(b), SEP IRA, and the other retirement vehicles, how can you know which plan or plans are right for you? The...

Tuesday, March 30, 2021

One year after the COVID-market-bottom, were you fully invested? The end of March 2021 marks the one-year anniversary of the stock market bottom and the end of the shortest bear market on record. Since then the U.S. stock markets have...

Monday, March 29, 2021

Although there is no such thing as a standard disability policy, you're likely to see most of the following terms, conditions, and benefits included and explained in most individual disability contracts. Definition of disability...

Monday, March 29, 2021

Small business owners are different from the average hourly employee in a lot of ways. One often-overlooked difference is how they plan for retirement. Although small business owners may offer a classic 401(k) for their workers along...

Friday, March 19, 2021

If you've been diligently saving for your retirement, you may often find yourself wondering when you can afford to set an official retirement date. The answer to this question can often depend on how much monthly or annual income your...

Wednesday, March 10, 2021

On Monday, Feb. 22, the White House announced several changes to the Paycheck Protection Program (PPP) that went into effect on Wednesday, Feb. 24. These changes are intended to further target “the smallest businesses and those...

Monday, March 8, 2021

As a physician, you've devoted a lot of time to educating yourself, building a career, and providing top notch care that enriches your patients lives, and in the midst of all that, it can be easy to overlook your finances. To ensure...

Monday, March 8, 2021

Being a doctor comes with a lot of stressors, but planning for taxes should not be one of them. As a doctor, you have been through years of hard work and may be looking for ways to help limit your tax liability and preserve as much of...

Monday, March 8, 2021

As a group, physicians are among the highest-earning professionals out there—and this specialized and life-saving career comes with some specific financial needs. Because of this, physicians should seek out a financial...

Friday, March 5, 2021

Grandparents can often find themselves in a better financial position to save for their grandchildren's education than their own children are. The parents of prospective students may still be contending with competing priorities like...

Sunday, February 28, 2021

Budgeting should always be the centerpiece of your financial resolutions Did you make a New Year’s resolution about seven weeks ago? For 2021, many Americans are making the resolution to adopt healthy habits – concerning...

Tuesday, February 16, 2021

Know what to do if you inherit an IRA from a spouse or someone else As we get older, it is likely that we might inherit an IRA from mom or dad – or we need to counsel mom or dad as they inherit an IRA after one of them dies. The...

Monday, February 8, 2021

The beaten-down sectors from 2020 might be worth another look in 2021 In general terms, the bond market will rally when increases in the Consumer Price Index (inflation) are small and the bond market will fall when increases in the CPI...

Tuesday, February 2, 2021

We all want more money, and many of us would like to work less, as well. This may seem like a dilemma, yet there is a solution. The best way to increase money without working is to avoid spending it in the first place. Some people call...

Sunday, January 24, 2021

Don’t let disorganization become one of your biggest money problems. It’s easy to lose or misplace money. But unlike finding $20 in an old jacket, what if a bank or investment account containing thousands goes untouched for...

Friday, January 22, 2021

Joe Biden will inherit among the most challenging political and economic environments of any US president. With America reeling from the storming of the Capitol by pro-Trump insurrectionists, not to mention a raging pandemic, President...

Wednesday, January 13, 2021

On Sunday, December 27, 2020, the Consolidated Appropriations Act, 2021 (CAA 2021) was signed into law. A $900 billion emergency relief package is included as part of this omnibus spending bill. It is intended to assist individuals and...

Monday, December 28, 2020

In 2020, the government gave taxpayers an automatic six-month extension due to the coronavirus. Individuals who were affected by the damaging wildfires were also given additional time to meet most tax deadlines. However, in 2021, the...

Monday, December 21, 2020

Will your 2021 benefits include telehealth and mental health services? As we approach the end of the year, employees and employers are both wrestling with changes to employee benefits for 2021. While every year always brings about...

Tuesday, December 15, 2020

There are a lot of options to consider, depending on your business model You’re an entrepreneur and you’re not looking back. You’ve opened your own business, whether alone or with partners, and you’ve achieved...

Wednesday, December 9, 2020

When an investor sells a stock for more than the purchase price, the investor experiences a capital gain (it is simpler to call it a profit, but let’s stick to some technical terms for a minute). For example, if you bought Amazon...

Sunday, November 29, 2020

The holiday shopping season is in full swing. Shopping for holiday gifts is stressful but also a little fun, especially when you think about the joy you will bring to those who receive them. But in all the rush to get everything done...

Friday, November 20, 2020

With businesses around the country reducing their in-office staff to essential personnel only—in some cases, literally overnight—many remote workers found themselves setting up a full home office on short to no notice. But...

Tuesday, November 17, 2020

Remember back on July 30, the Commerce Department reported that Gross Domestic Product (GDP) decreased at an annual rate of 32.9% in the second quarter of 2020. It was the worst quarterly decline in history. And unfortunately, that...

Saturday, November 14, 2020

When Thanksgiving rolls around, the holiday shopping season comes into full swing. While many people prepare their strategy for Black Friday shopping, a lot of them forget about the second shopping holiday that weekend: Small Business...

Tuesday, November 10, 2020

By the last third of the calendar year, you're likely to have a pretty good idea of what your annual income will be and whether any major expenses or big life changes await you. This can allow you to engage in more robust tax planning,...

Saturday, November 7, 2020

Dealing with market volatility during uncertain times can be stressful, and these tips may help. 1. Focus on What You Can Control During times of economic uncertainty, you may be worried about your investments, your business, your job,...

Saturday, October 31, 2020

History says that Value should have outpaced Growth during COVID – nope Are you a Growth investor or a Value investor? Or do you prefer a mix of the two? Understanding your style of investing is an important step in deciding...

Tuesday, October 27, 2020

Reviewing your benefit choices to maximize what your employer offers: Open enrollment for employee benefits kicks off on November 1st. Before you plan your Thanksgiving menu, you should make the time to review your benefit choices....

Friday, October 23, 2020

Your plans for retirement may include travel, home improvements, and more time spent with family. Few people enter retirement with the expectation (or even the thought) that they soon may be unable to live independently. However, this...

Monday, October 19, 2020

Many people postpone the planning of their estates because they assume that estate planning is only for the affluent. Others may think that estate planning is similar to tax planning, which can always be done “later.” In...

Friday, October 16, 2020

Small businesses owners should conduct an annual assessment of their personal finances. Owners of small businesses have much the same concerns as everyone else, except they are personally responsible for the fortunes of their...

Tuesday, October 13, 2020

Don’t just set it and forget it – tips for looking after your retirement money: Lots of investors never bother to check on their 401(k) regularly. But you should keep a constant eye on your funds’ risk level, whether...

Thursday, October 8, 2020

It is only natural that investors would want to find some way to sit out bear markets and get back just in time for the next bull run. The belief that you can foresee the direction of the stock market is a seductive one. Some investors...

Monday, October 5, 2020

Whether your goal is to build or protect your assets, the sooner you start planning your personal finances, the better. Having a financial plan in place can help you address common concerns such as funding your retirement, saving for...

Friday, October 2, 2020

Financial planning is an important part of securing your current lifestyle as well as preparing yourself for what you wish to do in your eventual retirement. And while this importance may look different during each stage of your life,...

Monday, September 28, 2020

Here are steps to take today to prepare your family for when an emergency strikes. California and the Pacific Northwest have to contend with wildfire season for six months of every year from May through October, with the last two months...

Wednesday, September 23, 2020

The world's events always affect the markets, and making smart investment choices requires you to look at what's happening around the world. But what about during an election year? How should you invest while the country is deciding...

Saturday, September 19, 2020

After decades of adding to your retirement accounts, making the mental switch to withdrawal mode can be a challenge. It may be tempting to try to time the market to mitigate the risk of any sudden drops or ongoing turbulence. However,...

Monday, September 14, 2020

Many of you already have estate documents, probably executed many years ago. You need an estate attorney to look over your documents every 10 years or so. Here are a dozen points to review. 1. Do you have a will and powers of attorney...

Friday, September 11, 2020

As you get older and closer to retirement, your financial practices need to shift slightly as you transition from working and saving to relying on your nest egg. As you approach this stage of your life, you need to take steps to...

Wednesday, September 9, 2020

As the threat of the coronavirus swept through the nation in March, many businesses sent their workers home, and now, as fall looms around the corner, many people are continuing to work from home. If you're working home longer than...

Friday, September 4, 2020

What are appropriate checklists for year-end tax planning? Tax planners often develop checklists to guide taxpayers toward year-end strategies that might help reduce taxes. Typically, suggestions are grouped into several different...

Monday, August 31, 2020

Planning for a disaster is no different from other measures you probably take to protect yourself and your family from potential hardship, such as insuring your life, saving for retirement, and getting regular medical check-ups....

Friday, August 28, 2020

Many self-improvement goals focus on stability and personal growth — and financial goals are often no different. From buying your first home to saving for retirement, planning your finances can also help you work toward your...

Thursday, August 20, 2020

We might look back and marvel how during the dog-days of August 2020, the stock market reached a new high not seen since pre-COVID. Remember when the S&P 500 closed at a then record high of 3,386 on February 19th? And just three short...

Tuesday, August 18, 2020

Examining whether you have a healthy relationship with money is important. The COVID-19 pandemic has reshaped our lives in unprecedented ways, forcing us to live closer together with some people, rely on video conferencing to connect...

Monday, August 10, 2020

Recent surveys have indicated that many of us are rethinking our retirement plans because of COVID-19. In fact, one survey from the nonprofit group Life Happens suggests that a whopping 43% of Americans say they plan to postpone and...

Tuesday, August 4, 2020

One is a significant financial risk whereas the other is a financial guidepost. One of the biggest obstacles on so many financial journeys is the inability to identify risk. That blindness to risk is due to a variety of reasons, but one...

Friday, July 31, 2020

We’ve all been there: scratching our heads wondering what to do with all the retirement savings accounts. Too many choices can be overwhelming, until you step back and realize that there are actually only three questions. Once...

Monday, July 27, 2020

Do you have a will, investing in education or building a Freedom Fund? Amid the heat of mid-summer, do you remember your New Year’s resolutions regarding your personal financial planning? How are you coming with your to-do list?...

Tuesday, July 21, 2020

All investors should account for inflation to maintain future purchasing power. You hear it all the time: you should make sure your retirement savings at least keep pace with inflation. But what is inflation and how does it really...

Sunday, July 19, 2020

While preparing a financial budget is a difficult task, committing to it over the long haul may be even more difficult. Here are a few tips to help you start your budget planning and keep yourself on the savings track: 1) Watch what...

Tuesday, July 14, 2020

529 plans can be a great way to save for college, but they're not the only way. When you're investing for a major goal like education, it makes sense to be familiar with all of your options. Mutual funds Mutual funds are an option to...

Tuesday, July 7, 2020

Young adults and those making less money are hardest hit by the pandemic. The United States Census Bureau has been collecting data in as close to real-time as possible in order to provide empirical insights into how Americans are really...

Tuesday, June 30, 2020

Organization, efficiency and discipline are the three primary steps of financial planning. Organization is knowing where your money comes and goes. An efficient portfolio means a better chance of profits, and discipline keeps you on...

Monday, June 29, 2020

New guidelines for retirement loans and distributions due to COVID-19 On June 19, 2020, the Internal Revenue Service announced new guidelines to help those affected by COVID-19 gain more access to retirement plan distributions and...

Tuesday, June 23, 2020

Combined with surprising jobs numbers, hopes for a faster recovery heat up On June 16, 2020, the U.S. Commerce Department reported that U.S. retail sales surged a whopping 17.7% in May, as consumers returned to shopping and spending....

Friday, June 19, 2020

When you're a small business owner, you need to pay extra careful attention to both your business and personal finances. Your financial planning strategies should simultaneously encourage the success of your business while also working...

Monday, June 15, 2020

Whether you dream of a travel-filled retirement or would prefer to relax and enjoy spending more time at home, you're probably wondering what you can do to make your golden years as stress-free as possible. For many who have spent the...

Saturday, June 13, 2020

Housing starts down, construction jobs way down and lumber prices are up? As states begin to ease stay-at-home orders, communities across the county are starting to see “For Sale” signs planted in neighbors’ lawns...

Monday, June 8, 2020

However much you make or save now doesn’t promise you a bright financial future. Life is unpredictable. Follow these 10 tips to prevent you and your family from money troubles. 1. See a lawyer and make a will. If you have a will,...

Friday, June 5, 2020

Invest early. Invest often. Invest for growth. These are the basic principles of saving for your child’s college education. The earlier you begin a savings program, the more time you have to benefit from the power of compound...

Monday, June 1, 2020

The makers of the fitness tracking device Fitbit reported that Americans were less active during the spread of coronavirus, as we stayed-at-home and practiced social distancing...

Friday, May 22, 2020

For the past two months, the market declines and market rallies have been historic, as COVID-19 introduced a level of uncertainty that was difficult to...

Thursday, April 23, 2020

To help people suffering from business closures, stay-at-home orders, and other effects of the coronavirus, the government has decided to send out stimulus checks. If your adjusted gross income is up to $75,000 for an individual or...

Tuesday, March 31, 2020

As part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, the government has funded a number of initiatives to help small businesses. As you navigate this difficult time, you may want to look into the following...