Benefits of Estate Planning: Building Your Family’s Legacy
Benefits of Estate Planning: Building Your Family’s Legacy Estate planning is a crucial step towards securing your family’s future and leaving a lasting legacy. It involves making strategic decisions about how your assets and properties will be managed and distributed after you pass away. While it may not be the most comfortable topic to discuss, […]
Savings Beyond the Ordinary: Unveiling Hidden Tax Credits at Year-End
Savings Beyond the Ordinary: Unveiling Hidden Tax Credits at Year-End When it comes to saving money, most people think of budgeting, cutting expenses, and finding ways to increase their income. However, there’s another avenue that often goes overlooked: hidden tax credits. These are special deductions provided by the government that can significantly reduce your tax […]
Financial Planning Month
Financial Planning Month With 2023 winding down and the holiday season fast approaching, it may be time to pause and check the status of your financial situation. October is observed nationwide as Financial Planning Month and can be just the incentive you need to refresh your financial plan or consider having one put in place. […]
How to Manage Your Finances During & After a Divorce
How to Manage Your Finances During & After a Divorce Although it may be a necessary step for many, divorce brings about significant changes, particularly when it comes to finances. As assets are divided and new living arrangements are established, it’s crucial to have a clear plan in place. In this article, we’ll explore the […]
Family Financial Planning: Tips for All Life Stages
Family Financial Planning: Tips for All Life Stages A family financial plan is more than a ledger of income and expenses; it is a roadmap to prosperity that can resonate across generations. By charting your family’s financial goals, setting priorities, and establishing a framework for financial decisions, a family financial plan creates a solid foundation […]
5 Self-Employment Retirement Options to Consider
5 Self-Employment Retirement Options to Consider In the dynamic landscape of entrepreneurship, it can be easy for business owners to get lost in the whirlwind of building their ventures, often neglecting to secure their financial future. However, creating a robust retirement savings plan isn’t just a luxury; it’s a necessity for entrepreneurs looking to safeguard […]
RMD Discussion
RMD Discussion SECURE Act 2.0 and Required Minimum Distributions On December 29th, 2022, the Setting Every Community Up for Retirement (SECURE) Act 2.0 was signed into law by Congress. Its 92 new provisions were put in place to help strengthen the retirement system and provide increased opportunities for saving for retirement. Among the provisions adopted […]
What to Do After Losing a Spouse
What to Do After Losing a Spouse Losing a spouse is a difficult and emotional time – dealing with financial and estate matters may be the last thing on your mind. However, it is important to take care of these important tasks as soon as you are able, to help ensure that your financial future […]
How Often Should You Update Your Will?
How Often Should You Update Your Will? A will, also known as a last will and testament, is a legal document that outlines your wishes regarding the distribution of your assets and the guardianship of your dependents after your passing. It serves as a crucial tool for ensuring that your final wishes are honored, and […]
Can I Contribute to a 401(k) and an IRA?
Can I Contribute to a 401(k) and an IRA? When it comes to retirement savings, many individuals wonder if they can have both a 401(k) and an Individual Retirement Account (IRA). The good news is that, in most cases, you can have both types of accounts simultaneously. A 401(k) is an employer-sponsored retirement plan, while […]
