Retirement Savings Tips for Different Stages of Life
Fifty six percent of Americans in the workforce don’t feel they’re where they should be with their retirement savings, according to a study performed by Bankrate.1Being prepared for retirement is important, and financial experts recommend saving as early as possible to ensure you’re prepare …
Choosing the Right Retirement Accounts: IRA vs. 401(k)
There are many things to consider when thinking about retirement. First and foremost, it’s important to choose the right kind of retirement accounts and plan how best to fund your lifestyle after you stop working. Typically, investors have three common types of retirement accounts to choose …
Tax Planning for Life Events: Marriage, Parenthood, and Divorce
Marriage, divorce, and parenthood – what do these things have in common? They all come with a variety of tax implications. One of the most common events following marriage is the consolidation of assets with your partner. Meanwhile, divorce precipitates the splitting of assets. And giving b …
Tax Planning for High-Income Earners: Strategies for the Wealthy
The Internal Revenue Service began accepting tax returns for the year of 2023 on January 29th, officially marking the beginning of tax season. We all know what that means – hoping and wishing for the largest tax refund possible. For high-income earners, trying to maximize their refund can …
Saving for Your Child’s Future: College Funds, Trusts, and Investments
Raising a child brings many joys, but the cost of doing so has only risen in recent years. According to the U.S. Department of Agriculture, a child born to a middle-income family in 2015 cost approximately $12,980 to $13,900 annually. In 2022, that same child cost $16,007 to $17,141. [1]
8 Financial Goals and Milestones to Work Towards Achieving in Your Life
Having milestones and goals to work towards are important for everyone to have. They give us a sense of drive and satisfaction when we finally achieve that goal. Financially, people oftentimes strive for financial independence or security. We’ve listed below eight common financial goals to …
Keep Politics Out of Your Portfolio
Anymore, politics can be full of vitriol, division, and disinformation. The news cycle works fast and comes at us hard. It can be overwhelming, and it can easily affect our investment strategies. Remaining impartial in your investments is key, though. In this blog, we’ll outline a few reaso …
We All Have Money Blind Spots
Blind spots exist in all realms of our lives. But in the world of finance, a blind spot can have costly implications.
Common Types of AI Fraud
In recent months, artificial intelligence (AI) has swept the digital landscape, lauded for its ability to streamline work and task automation, and data analysis. Despite the depiction of AI in films like “I, Robot” and “Deus Ex Machina,” it can provide a multitude of benefits inside and out …
8 Must-Know Retirement Deadlines
Once you turn 50, milestones for all things retirement start looming over our heads: Medicare, IRAs, ROTHs, 401(k)s or 403(b)s, and Social Security.