4 Things You Can Do Right Now to Improve Your Financial Wellbeing
4 Things You Can Do Right Now to Improve Your Financial Wellbeing Your personal finances can be one of the most stressful areas of your life, especially if you are currently struggling financially. However, there is hope with some ways you can work to improve your financial wellbeing and take some of the stress off […]
Questions You Should Ask When Choosing a Financial Planner
Questions You Should Ask When Choosing a Financial Planner A financial planner can play a vital role in helping you reach your financial goals. Financial planners guide their clients in a variety of ways including retirement planning, wealth management and offering insight and advice on a range of topics. This can include basic budgeting, setting short-term and long-term financial goals, reviewing potential insurance needs and comprehensive financial planning. Here are some questions […]
The Benefits of a Financial Plan
The Benefits of a Financial Plan No matter where you are in life, a financial plan can be a valuable tool in helping you reach your financial goals. Whether you want to buy a home, save for college for your children or grandchildren, or maintain your desired lifestyle throughout retirement, a financial plan can provide you with a detailed roadmap to meet your goals. Here are some of the many benefits […]
Reaching Your Financial Goals
Reaching Your Financial Goals We all have goals we want to accomplish, and many of these goals require money. Finding a workable pathway to reaching your financial goals can seem like a daunting task, but with proper planning, commitment, and patience, you can put yourself in a great position to achieve those goals, whatever they may be. Here are a few tips to help you get started […]
Financial Tips for Holiday Spending
Financial Tips for Holiday Spending The holiday season is in full swing, and while we all love giving gifts to our loved ones, the stresses of holiday shopping and spending can put a damper on this most wonderful time of year. With travel, gifts, decorations, food, charitable donations and other expenses, holiday spending can add up quickly. With that […]
Breaking Down the SECURE Act
Breaking Down the SECURE Act The Setting Every Community Up for Retirement Enhancement (SECURE) Act went into effect on Jan. 1, 2020, and there have been a lot of questions about what impact the new law will have on employees and their retirement plans.
The SECURE Act’s Impact on IRAs and Roth IRAs
The SECURE Act’s Impact on IRAs and Roth IRAs The passage of the Setting Every Community Up for Retirement Enhancement (SECURE) Act in 2019 changed several aspects of retirement accounts and plans. The law, which went into effect on Jan. 1, 2020, consists of 29 provisions that deal with several aspects of retirement savings plans and accounts including Required Minimum Distributions (RMDs) and inherited IRAs.  This discussion will focus on the […]
2020 Tax Saving Strategies
2020 Tax Savings Strategies With the start of a new year and the 2020 tax season, let’s revisit some tax-saving strategies that can help you save on your taxes this year. Below are some tax tips that will be useful whether you are trying to maximize your refund or minimize what you owe. Contribute to […]
Financial New Year’s Resolutions for 2020
Financial New Year’s Resolutions for 2020 Making New Year’s resolutions is a great way to plan to be better in the new year. Unfortunately, sticking with those resolutions isn’t as easy as setting them. Whatever is on your list for the upcoming year, whether it is to get in shape, spend more time with family […]
Should I Take My Pension as a Lump Sum or an Annuity?
Should I take My Pension as a Lump Sum or an Annuity? You are getting ready to retire, and you have a defined benefit pension that will kick in once you stop working. You may have the option of taking the pension in the form of a one-time lump sum distribution or as lifetime monthly […]
