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Monday, September 28, 2026

The thought of retiring may be intimidating for anyone—but if you own your own business, handing your "baby" to new owners might be enough to stop you in your tracks. What might you do to set your successor up for success? What should...

 

Monday, September 14, 2026

Creating a well-structured and comprehensive estate plan is critical to seeking to ensure your assets are distributed according to your wishes and that as much of those hard-earned assets go to your intended beneficiaries, and not lost...

 

Monday, August 24, 2026

Education has become increasingly expensive for parents, especially for those hoping to help their children stave off the burden of massive student debt. This may include having to contend with soaring inflation, spikes in cost of...

 

Monday, August 10, 2026

Without credit, it may be difficult, even seemingly impossible, to participate in modern society. But some credit comes with high-interest rates, tricky terms, and other potential risks that could send you into excessive debt. What...

 

Monday, July 27, 2026

As our parents grow older, their needs change and often increase. It's not uncommon for adult children to find themselves in a caregiving role. This shift in responsibilities can pose several challenges, including protecting caregivers...

 

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Monday, July 13, 2026

Business owners hold the key to their employees' well-being, and a critical part of that involves understanding the basics of employee retirement plans. Establishing an effective retirement plan can help prepare employees for financial...

 

Monday, June 15, 2026

It’s an old question: Can money buy happiness? Up to a point, yes. But without deep personal relationships, more dollars don’t make you happy. On Father’s Day, consider talking with your dad about happiness and satisfaction. And if...

 

Monday, June 8, 2026

If you own a business and want to diversify your assets by investing in stocks, today’s online brokerages make trading fairly easy. However, stock investing is risky, especially in a volatile market. Here are four key considerations...

 

Monday, May 25, 2026

Explore the top tax breaks for college, including AOTC, LLC, scholarships, and loan interest deductions—smart ways to save on education costs.

 

Monday, May 11, 2026

A clear guide to six effective strategies wealthy individuals can use to preserve assets, reduce taxes, and prepare for long‑term retirement goals.

 

Monday, April 13, 2026

Cut taxes and boost college savings with four strategies that help families fund education more efficiently.

 

Monday, March 23, 2026

A financial professional can help you discuss inheritance, build trust, and preserve your family’s legacy for generations.

 

Monday, March 16, 2026

Learn how to potentially reduce taxes on Social Security, 401(k), and IRA withdrawals with smart retirement planning strategies.

 

Monday, February 23, 2026

Tax planning is a crucial component of personal finance and a vital component of your overall financial planning. Failing to consider tax planning could result in missed opportunities for tax savings and other tax opportunities. When...

 

Monday, February 2, 2026

The federal income tax filing deadline isn’t until April. However, the start of tax season is nearly upon us. Here are some tips for navigating the tax filing process to help lessen some of the stress you may feel as Tax Day arrives...

 

Monday, January 19, 2026

As the U.S. population continues to age, the “sandwich generation” is caught in the middle, supporting both their parents and their children, whether financially, physically, or emotionally. This generation is the middle-aged...

 

Monday, January 5, 2026

Financial wellness is a state of being when one is in control of their finances, can cover expenses, and save for future goals. Consider financial wellness as your relationship with money; it can be either healthy or unhealthy....

 

Tuesday, December 16, 2025

The average family spends an extra $1,000 or more during the holiday season. From gifts and travel to dinners, shows, and decorations, each purchase adds up.1 How might you take full advantage of holiday cheer while avoiding the...

 

Monday, December 8, 2025

Year-end charitable giving is often associated with the spirit of doing good during the holiday season. It gives the donor a feeling of satisfaction and, in some cases, a substantial tax write-off. However, one question that often...

 

Sunday, November 23, 2025

As the leaves begin to fall and the year winds down, autumn offers more than pumpkin spice and cozy sweaters. It’s also a good time to clean up your finances. Just like spring cleaning helps freshen your home, fall financial cleaning...

 

Monday, November 3, 2025

Every year, the holiday season sneaks up on us and, before we get to turn around, it’s over. This frenzied time of year is filled with shopping excursions and office parties, and it’s easy to let financial planning slip through the...

 

Monday, October 20, 2025

In the intricate tapestry of investment strategies, the Halloween Strategy, also known as the Halloween Effect or Halloween Indicator, stands out as a peculiar and fascinating anomaly. Rooted in the hypothesis that stocks tend to...

 

Monday, October 13, 2025

Asset management and financial wellness can help develop long-term confidence when wealth transfers from generation to generation. Understanding and implementing financial wellness techniques is essential for effectively sharing wealth...

 

Monday, September 22, 2025

While a Roth IRA conversion may suit some, wealthy individuals may not consider this investment strategy under certain circumstances. Here, we delve into why this strategy may not be appropriate for them. First, what is Roth IRA...

 

Monday, September 8, 2025

Treasury bills, often called T-bills, are considered a secure and reliable investment option that may be suitable for some investors. Governments worldwide offer this option, allowing investors to invest funds in a low-risk environment...

 

Monday, August 25, 2025

As a teacher, you’re no stranger to creating classroom magic on a shoestring budget. Whether it’s turning dollar-store items into hands-on science experiments or decorating your classroom on a dime, you’ve mastered the art of doing...

 

Monday, August 4, 2025

In today's economic environment, where market volatility and inflation are often unpredictable and inevitable, investing can sometimes feel like a rollercoaster. However, investing during these periods doesn't have to be a...

 

Monday, July 21, 2025

Whether you're facing an unexpected job loss, a medical emergency, or a financial crisis, life's hurdles may leave even the most responsible savers scrambling for cash. If you’re feeling the squeeze, you might be looking at your...

 

Monday, July 7, 2025

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 23, 2025

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 hefty tax bill....

 

Monday, June 9, 2025

Although many things have changed in the financial world over the past 20 years, some nuggets of financial advice are timeless. Here are a few tips that have remained constant for several generations. Always Spend Less Than You Make...

 

Monday, May 26, 2025

Veterans and those on active-duty face unique financial planning challenges Memorial Day is an important holiday observed in the United States to honor and remember the men and women who have died while serving in the country's armed...

 

Monday, May 5, 2025

Whether you want to learn to trade like a Jedi or gain the wisdom of Master Yoda, countless investing lessons may be gleaned from the Star Wars universe. In honor of May the 4th, also known as Star Wars Day,1 celebrate with these four...

 

Monday, April 28, 2025

A 2022 Gallup Poll found that 58% of all adult Americans own stock. The top 1% owns more than half the total amount invested among those who own stock. 1 Making investing possible for your children, nieces, nephews and other loved ones...

 

Monday, April 7, 2025

A 529 Plan, also known as a "qualified tuition plan," is an investment vehicle that offers numerous benefits to parents seeking to save for their children's future education. 529s are versatile and provide significant advantages that...

 

Monday, March 24, 2025

There are two things Americans have always looked forward to: going to the ballpark for the big game and retiring after a fulfilling career. Interestingly, baseball and retirement planning have several aspects in common. Taking the...

 

Monday, March 10, 2025

The Social Security Fairness Act is a bill signed into law that repeals several decades-old provisions that previously reduced your Social Security benefits if you or a spouse received a pension from a non-Social Security covered job,...

 

Monday, February 17, 2025

Managing retirement strategies and creating goals can help you stay focused and consistent in your financial efforts. It creates a sense of achievement while you make progress toward the pursuit of a fulfilling retirement and financial...

 

Monday, February 10, 2025

When it comes to planning for retirement, there are a myriad of strategies and options available. One often overlooked method is making after-tax contributions into retirement savings vehicles. This approach to investing after-tax...

 

Monday, January 27, 2025

Americans are very generous. According to Fidelity, Americans give over $400 billion to charities each year, most of which come from individual donors. Over the years, despite periods of economic downturn, giving has grown above the...

 

Monday, January 13, 2025

Each year when tax season rolls around, it comes with the burden of figuring out how to file your taxes correctly. The good news is that there are several ways to prepare and file your taxes, depending on your needs and the complexity...

 

Wednesday, November 27, 2024

Ho, ho, ho! The holidays are a time of giving and making time for friends and loved ones. It is also a time of spending money, often more than we anticipated. There are gifts, decorations, ingredients for recipes, and travel expenses...

 

Wednesday, November 27, 2024

The percentage of adult Americans who invest toward retirement is nearing an all-time high at over 63%.1 These days it is far easier to pursue different investment instruments to manage and preserve wealth and over the past few decades...

 

Saturday, November 2, 2024

As the year comes to a close, there are some important deadlines that you shouldn’t ignore. These deadlines affect your taxes, savings, and, perhaps, your financial future. Here’s a simple guide to help you stay on track before this...

 

Saturday, November 2, 2024

Black Friday and Cyber Monday are great times to find amazing deals, but they’re also a prime time for scammers. While you’re hunting for bargains, stay alert to avoid getting caught in a scam. Here are some common tricks to watch out...

 

Wednesday, October 2, 2024

National Savings Day, celebrated October 12, is a reminder of how important it is to build a solid financial foundation. For High Earners Not Rich Yet (HENRYs), the path to financial security can seem both promising and challenging....

 

Wednesday, October 2, 2024

Election years are a time of uncertainty and excitement for many people. There may be concerns with social and public policy, and the implications of legislature on the market and personal finances. Historically, elections haven’t had...

 

Wednesday, October 2, 2024

Cybersecurity is more important than ever as we continuously move toward more automated environments in a highly connected society. As more technologies develop, perpetrators keep exploring new tactics to exploit others. It's important...

 

Wednesday, October 2, 2024

Small businesses have new reasons to consider the value of financial planning in working towards their business goals. Many owners are "bandonneurs" (a French word for "jack of all trades") who may successfully wear many hats, but...

 

Sunday, September 1, 2024

Divorce is never easy, but it is important that estate planning continues to take precedence before and after a divorce. Depending on your situation and professional legal guidance, some estate planning items can be updated now, while...

 

Sunday, September 1, 2024

Many parents want to provide their children with the best possible help and care, even when they transition into college. However, as the children come of age, there is much more to consider than tuition fees and dorm essentials....

 

Sunday, September 1, 2024

Over the next few decades, one of the most significant wealth transfers in history is that baby boomers will pass down an estimated $30 trillion in assets to their heirs. Termed 'The Great Wealth Transfer,' this immense wealth transfer...

 

Sunday, September 1, 2024

Retirement savings accounts, such as 401(k)s, traditional IRAs, and Roth IRAs, are widely recognized as crucial components of retirement planning. However, the journey to a financially independent retirement continues beyond merely...

 

Friday, August 2, 2024

If you're someone who loves nothing more than spending a relaxing day at the beach, you likely hope your retirement plans will let you spend much more time there. By applying ‘beach day’ lessons toward your investment strategies,...

 

Friday, August 2, 2024

You often hear people discuss "saving for retirement,” but in many cases, they're actually referring to their investing. The adage "you can't save your way to wealth" is simplistic, but has a kernel of truth; putting your money in a...

 

Friday, August 2, 2024

Choice between value and growth as interest rates decline is not clear-cut In the world of investing, the eternal debate between growth and value continues to captivate the minds of investors. As we navigate through 2024, the question...

 

Friday, August 2, 2024

Understanding the difference between taxable, tax-deferred, and tax-exempt accounts can improve portfolio diversification and make a difference in how much you earn over time. But investors may not fully understand how a strategy...

 

Tuesday, July 2, 2024

For HENRYs — High Earners [who are] Not Rich Yet — this high salary often comes at the expense of hefty student loans or other types of debt. Tackling this debt now can allow you to put your salary to its highest and best use. But...

 

Tuesday, July 2, 2024

Financial freedom is a state of being in control of one's finances, covering expenses easily, and saving for future goals. Financial freedom enables you to choose how you spend or interact with your money and have the choice to decide...

 

Tuesday, July 2, 2024

We all have dreams in life, and oftentimes those dreams cost money. If you have a financial goal or responsibility coming up soon or simply want to build up an emergency fund, follow these tips to help you spend less and save money...

 

Tuesday, July 2, 2024

Today, younger adults face a variety of challenges in their pursuit of financial independence. Some of these challenges are similar to those faced by previous generations, while others are unique to the times. Here are five financial...

 

Tuesday, July 2, 2024

How do you implement your spending plan? Once you have identified your budget goals and created a spending plan to meet them, you are ready to put your plan into action. Before you begin, though, here are some tips to avoid common...

 

Sunday, June 2, 2024

As a small business owner, having the right insurance coverage can be the difference between success and bankruptcy. While your specific insurance needs may vary widely depending on the nature of your business, there are several types...

 

Sunday, June 2, 2024

Dealing with the death of a loved one is not easy. With it comes many decisions, including how to handle the funds from their life insurance policy. Whether you are the sole recipient of a loved one's policy or only receiving a portion...

 

Sunday, June 2, 2024

Obtaining a life insurance policy is part of being an adult. But it’s also something that you can easily neglect, especially if you obtained it earlier in adulthood. While you may have been diligent in securing your life insurance...

 

Sunday, June 2, 2024

Thinking of a future without ourselves in it, is not the most pleasant of thoughts…however, it is necessary to do so for the financial future of your family. Life insurance may provide you with the opportunity to bequeath money to your...

 

Thursday, May 2, 2024

Becoming a member of the military is not only a short-term experience where you can learn life skills and defend your nation during times of conflict, but you can also have a wonderful career, build a life, and grow your wealth with...

 

Thursday, May 2, 2024

Investing is an essential tool for building wealth and independence. For some, investing may seem confusing or frustrating due to the perceived risk and complex products. While investing may initially seem intimidating, it's vital to...

 

Thursday, May 2, 2024

A life insurance policy is part of financial planning. Life insurance is there to help ease the financial trauma that comes with the loss of a spouse, parent, or partner. As you encounter different events in your life, you may need to...

 

Thursday, May 2, 2024

Everyone needs to have some level of financial literacy to help manage their finances. However, financial literacy becomes even more crucial when you're a business owner. You need to become familiar with common terminology and business...

 

Monday, April 1, 2024

Relating March Madness to long-term financial planning and investing March Madness is upon us, and for basketball fans and investors alike, it's the most exciting time of the year. As the top college basketball teams prepare to tip off...

 

Monday, April 1, 2024

In 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 lessons from the golf course to your financial life...

 

Monday, April 1, 2024

As you age, the question of when to collect Social Security (SS) retirement benefits will likely come to mind. There is no one size fits all age; your unique circumstances and goals will dictate the appropriate time for you to take...

 

Monday, April 1, 2024

Financial literacy refers to the skills and knowledge that allow an individual to make informed and effective decisions through their understanding of finances. Financial literacy starts by building a basic understanding of 'money...

 

Monday, April 1, 2024

The journey to prosperity involves more than just a high income. It requires strategic planning, wise investment decisions, and a keen understanding of your financial landscape. On Financial Professional Day, explore how working with a...

 

Tuesday, March 26, 2024

At certain points in life, everyone must deal with banks, loans, credit, and finances. You may have learned your lessons through the “school of hard knocks”— if so, you can use the insight you gained from your experiences to help your child

 

Tuesday, March 19, 2024

Most lenders rely on it to determine your creditworthiness, which can impact whether you get approved for a loan as well as the interest rates you get on credit cards and other financial products.

 

Tuesday, March 12, 2024

As Samuel Goldwyn once said, "The harder I work…the luckier I get!" 1 But when it comes to investing, luck may play a huge role in outcomes—no matter how hard you work.2 Below, we discuss some ways that luck may...

 

Tuesday, March 5, 2024

As a high earner not rich yet (HENRY), you find yourself in a good place – where strategic decisions may pave the way for lasting wealth. One crucial aspect of managing your finances includes understanding how to use credit and credit cards

 

Saturday, February 24, 2024

While most people find the notion of creating a budget about as appealing as cleaning out closets, most would agree that the result—a well-crafted and useful budget—is worth the work Two financial “snapshots”...

 

Saturday, February 17, 2024

Teaching children about financial wellness should start at an early age. Learning how making money, saving, and spending is related and the first step in teaching your child how to understand the value of money. Children learn from...

 

Saturday, February 10, 2024

Aging is a natural process that everyone goes through, but how we age can be significantly influenced by our daily habits. Staying fit and healthy as we grow older is not just about physical exercise, though that plays a crucial role....

 

Saturday, February 3, 2024

As one approaches retirement, monitoring your financial situation by understanding your net worth and assessing the assets and resources needed to maintain a comfortable lifestyle throughout retirement is vital. This article explores...

 

Friday, January 26, 2024

The new year is fast approaching, and it is the perfect time to set up resolutions for your business. Whether you want to increase your sales, gather a more extensive customer base, or just accomplish needed business improvements,...

 

Friday, January 19, 2024

Financial wellness studies over the past few years indicate that investors desire financial wellness. The recent pandemic, economic and inflationary conditions, changes in work-life balance, and more responsibility for financial...

 

Friday, January 12, 2024

When it comes to financial bad habits, the most common are also well known — don’t spend too much, don’t take on unsustainable debt, and avoid living paycheck to paycheck. But what happens once you’ve...

 

Friday, January 5, 2024

The holiday season is a wonderful time for relaxing and having fun with family and friends, but it can also add a lot of extra stress to an already tight budget. Perhaps you spent more than you originally planned, or maybe you...

 

Friday, December 29, 2023

It may be almost February, but you don’t have to let those resolutions slip away. If anything, with the holidays officially over, there’s more time to focus on you. From skincare to health and personal growth, there’s...

 

Tuesday, December 26, 2023

It's a new year and the time of year when you want to make resolutions about your personal life, business life, and finances. It is the perfect time for couples to get together and set their own financial goals for the upcoming year....

 

Friday, December 15, 2023

The holidays are often filled with a lot of hustle and bustle that can make it difficult to prioritize our physical and mental health. To help you slow down and focus on your own well-being, here are some tips for having a happy and...

 

Friday, December 8, 2023

Year-end financial planning can help you assess your family’s financial situation, identify areas for improvement, and set achievable goals for the future. Here’s a closer look at seven essential areas where reviewing may...

 

Saturday, December 2, 2023

Your teen is becoming more independent, but still needs plenty of advice from you. With more money to spend and more opportunities to spend it, your teen can easily get into financial trouble. So before money burns a hole in your...

 

Friday, November 24, 2023

Generational wealth involves proactive financial planning, especially when parents or grandparents pass on their wealth to loved ones after they die. Entrusting family members with receiving an inheritance is more than just getting a...

 

Friday, November 17, 2023

‘Tis the season to give thanks for the many blessings that you have received throughout the year and blessings that help you as you move into the future. One thing to be truly thankful for is financial wellness. When you are...

 

Saturday, November 11, 2023

At one time, the typical American family looked like this: a breadwinner father who commuted a short distance to work and earned a very good living, and a stay-at-home mother who took care of the kids and family home with aplomb.

 

Friday, November 3, 2023

Tax season is almost here, and could be a good time to get prepared for filing your taxes. If you make your living in the agricultural industry, there are a few year-end tax tips that might help make the process go more smoothly....

 

Saturday, October 21, 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...

 

Saturday, October 14, 2023

If you sometimes feel like your financial life has too many moving parts, you may be looking for ways to get back to the basics—without letting anything slip through the cracks. Fortunately, simplifying your finances does not...

 

Saturday, October 7, 2023

Those who receive an inheritance with the passing of a loved one are potentially given the gift of financial freedom if they choose to manage the wealth carefully. Did you know that only about one-third of adults have a prepared will,...

 

Friday, September 29, 2023

How you arrange your financial life is important. But so too is how you live your life. The second part is unfortunately often neglected in financial planning. Would you rather own your own business? Travel more? Write a novel? With an...

 

Tuesday, September 26, 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...

 

Tuesday, September 19, 2023

For many, autumn is the best time of year. The return of cool breezes, comforting foods, and pumpkins can be invigorating. It’s also a bookmark of sorts, especially for your finances—a perfect time to take stock of your...

 

Tuesday, September 12, 2023

Trying to reconcile recent market advances with not-so-good economic data U.S. stock markets continue to trend up as optimism returns to Wall Street while Main Street USA continues to struggle. For sure there is plenty of social unrest...

 

Tuesday, September 5, 2023

If you've never engaged in financial planning and are unsure how to get started, this article is for you. A financial plan starts by evaluating your current financial situation and future expectations and can be created independently...

 

Friday, August 25, 2023

By focusing on goals and priorities, you can create a new, simplified lifestyleReflect on Your Goals and PrioritiesBefore you begin the downsizing process, take some time to reflect on your goals and priorities.What do you want to...

 

Thursday, August 17, 2023

If you're living paycheck-to-paycheck or stuck in a job you don't love just to pay the bills, it can be easy to feel as though you're financially trapped. But financial freedom doesn't need to be elusive—with some focused and...

 

Thursday, August 10, 2023

Making decisions about your retirement account can seem overwhelming, especially if you feel unsure about your knowledge of investments. However, the following basic rules can help you make smarter choices regardless of whether you...

 

Thursday, August 3, 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...

 

Tuesday, July 25, 2023

Many people care for a loved one out of necessity as their family members can no longer care for themselves. More than one in ten people in the United States also care for an adult, spending about three hours each day on caregiving...

 

Tuesday, July 18, 2023

Almost half of all adults are part of the "sandwich generation." These are adults in their 40s and 50s who are helping support or care for a parent while also supporting or caring for a child.1 Being caught between two generations of...

 

Tuesday, July 11, 2023

As the U.S. population continues to age, the “sandwich generation” is caught in the middle, supporting both their parents and their children, whether financially, physically, or emotionally. This...

 

Saturday, July 1, 2023

Over the next twenty years, a wealth transfer will occur that exceeds $30 trillion as the Baby Boomer generation passes the remainder of their wealth to the Millennials and subsequent generations. The Baby Boomers (born 1946-1964) are...

 

Thursday, June 1, 2023

Reading a homeowners insurance policy for the first time can be intimidating. With all the jargon, exclusions, and conditions you'll encounter, you may start thinking that Mom was right--you should have gone to law school after all.

 

Thursday, June 1, 2023

Life insurance buys financial protection against your premature death. Here’s the how-to on another insurance that can protect you from living too long: the annuity.

 

Thursday, June 1, 2023

A life insurance policy is part of financial planning. Life insurance is there to help ease the financial trauma that comes with the loss of a spouse, parent, or partner.

 

Thursday, June 1, 2023

The sandwich generation is a term commonly used to describe those between the ages of 40 and 59 who are responsible for raising their family and are also often helping their aging parents manage their ongoing needs.

 

Monday, May 1, 2023

It can be fairly easy to underestimate your net worth. After all, predicting the future value of your home and savings is merely hypothetical. On the other hand, you can rely on the fixed amount of the death benefit provided by your...

 

Monday, May 1, 2023

In today’s business climate, it may be more important than ever for companies to operate at maximum efficiency and with a keen awareness of the potential impact of changes in their industry and the economy.

 

Monday, May 1, 2023

When it comes to personal finance, there are a number of competing priorities that can make it difficult to determine where to focus your efforts.

 

Monday, May 1, 2023

If you saved for retirement for a while, you might look forward to a break from financial responsibility for the remaining portion of your life. But striving for economic betterment should not end when you hit retirement.

 

Monday, May 1, 2023

Those that choose to invest in the education of a family member, friend or acquaintance are investing not only in that individual’s future, but also the future of society. It is an act of generosity, forward-thinking, and love.

 

Monday, April 24, 2023

Teaching children about money and financial literacy through games can make learning fun. Financial literacy games can also prepare children for financial confidence in adulthood while making parents and children comfortable talking...

 

Monday, April 17, 2023

Volunteering as a family is a great way to spend some quality time together and help give back to those in need or assist your local community. No matter the age of your family members, there are plenty of volunteer opportunities to...

 

Monday, April 10, 2023

When people think of “myths,” they often think of such stories as Pandora’s Box (the woman who took the lid off of a jar releasing all of the world’s ills upon the world, were taxes one of them?), or the Tale of...

 

Monday, April 3, 2023

Planning for retirement is exciting, but it may come with a bit of stress. If you worked hard all your life, now might be the time to relax and enjoy the fruits of your labor. One of the things that you may need to consider is when it...

 

Monday, March 27, 2023

Mom-and-pop businesses have held a special place in the hearts of American consumers since the beginning of retail commerce in the USA. These family-owned, small businesses were America’s backbone before larger corporations began...

 

Monday, March 20, 2023

Every consumer is entitled to a free credit report every 12 months from each of the three major credit reporting agencies:ExperianTransUnionEquifaxBesides the annual report, you may be entitled to an additional free report under...

 

Monday, March 13, 2023

Ten strategies to help you take care of yourself and prepare for retirement Women’s History Month has its origins as a national celebration in 1981 when Congress passed and authorized a resolution and requested the President to...

 

Friday, March 3, 2023

You're ready to buy an insurance policy, but you feel a bit uneasy embarking into the insurance world. After all, the language can be technical, and you're wary of insurance agents throwing sales pitches at you. Whether you're buying...

 

Monday, February 27, 2023

Where does all your money go? The truth is usually not that mysterious. You can discover it with a little discipline on your part—along with the help of a budget. Many people spend their money in small increments without...

 

Monday, February 20, 2023

February is Wise Health Care Consumer Month, designed to help consumers understand more about their health care costs and options. But with about one in four emergency room (ER) visits deemed unnecessary, the improper use of health...

 

Monday, February 13, 2023

Strategic financial planning is important for everyone but especially for high-income earners that have their compensation tied directly to the success of the business. Executives and entrepreneurs both rely on accessing their wealth...

 

Monday, February 6, 2023

As the call continues to come for following through on support of minority-owned businesses,[1] many are wondering how they may lend their support to black businesses. Whether through direct investment or community support, there are...

 

Monday, January 30, 2023

In general Whether they're snatching your purse, diving into your dumpster, stealing your mail, or hacking into your computer, they're out to get you. Who are they? Identity thieves.Identity thieves can empty your bank account,...

 

Monday, January 23, 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...

 

Monday, January 16, 2023

If you’ve spent some time on Pinterest or other social media networks, you might suddenly feel that you need to overhaul your life and become more organized. You find yourself rushing out to buy something new to help yourself...

 

Monday, January 9, 2023

Teaching children about financial wellness should start at an early age. Learning how making money, saving, and spending is related and the first step in teaching your child how to understand the value of money. Children learn from...

 

Sunday, January 1, 2023

New Year’s resolutions tend to come with a lot of hype, but sometimes little return. Our lives get busier, and the promises we made to ourselves at the beginning of the year can lose their luster. But putting that energy into...

 

Monday, December 26, 2022

What are business life cycles, and what is their relationship to business planning? Generally, businesses pass through three stages before reaching the final stage of decline. The time it takes to reach or to pass through each...

 

Tuesday, December 20, 2022

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, December 12, 2022

What are year-end investment decisions?Year-end investment decisions may sometimes result in substantial tax savings. Tax planning may allow you to control the timing and method by which you report your income and claim your deductions...

 

Monday, December 5, 2022

Points to think about as you contemplate giving to others and causes Any endeavor worth undertaking, especially one that may affect others, deserves our careful consideration before we begin.When contemplating charitable giving, think...

 

Monday, November 28, 2022

Giving Tuesday is a day to extend the goodwill that the holiday season may bring to help others. With so many in need, the holiday season is a reminder to help those less fortunate. Whether you want to donate your time or contribute...

 

Monday, November 21, 2022

Ensure Your Legacy Is your growing business still a one-person operation? As your company continues to grow and the workload increases, it is easy to find yourself wearing too many hats and not having enough hours in the day to...

 

Monday, November 14, 2022

An entrepreneur may be eager to take advantage of every available business opportunity. However, in order to prepare for retirement, the entrepreneur might be searching for potential options that suit their unique situation. Many small...

 

Monday, November 7, 2022

Many of us grew up in a world where it was customary to be friendly, courteous, and trusting. Unfortunately, assumptions concerning these standards of conduct can sometimes get us into trouble. Con artists offering a variety of...

 

Friday, October 28, 2022

It may be easy to forget we're nearing the end of the year. Even during the busy end of year rush, it's a good time to reevaluate your 2021 finances and turn an eye toward 2022. What can you do now to potentially improve and streamline...

 

Friday, October 21, 2022

For many, autumn is the best time of year. The return of cool breezes, comforting foods, and pumpkins can be invigorating. It’s also a bookmark of sorts, especially for your finances—a perfect time to take stock of your...

 

Tuesday, October 11, 2022

A recent survey by Caring.com found that a whopping two in three American adults do not have an estate plan1—an alarming statistic, considering that an estate plan can protect your assets and ensure that they go to the right...

 

Wednesday, October 5, 2022

Your retirement is the reward after years of hard work and saving. You might dream of traveling, want to invest in a vacation home, or want to take up a new hobby. For an enjoyable retirement, saving is critical. Take charge of your...

 

Thursday, September 29, 2022

In 2021, women-led companies only received 2% of all venture capital funding, a figure considered the lowest percentage in more than five years.1  Data shows this figure does not necessarily reflect the potential success of...

 

Tuesday, September 20, 2022

Smart self-care does not just mean spa days and movie nights: there are other therapeutic ways to reduce your mental and physical stresses, including how you manage your money. If your goal is to create healthier habits...

 

Thursday, September 15, 2022

One of the biggest challenges for any new business involves maintaining liquidity and consistent cash flow. Many entrepreneurs take only a minimal salary—if any at all—during the first few years their business operates,...

 

Thursday, September 8, 2022

You've come to the conclusion that you need life insurance for your young family who depends on you for financial support. So with the help of your insurance professional, you consider various types of life insurance, from permanent...

 

Wednesday, August 31, 2022

Saving for retirement is important for all ages, the key is to start earlyLand a great new job? Awesome. Now is the perfect time to think about your 401(k) and retirement plan, whether you had one before or not. Saving for retirement...

 

Friday, August 26, 2022

As women continue to work and earn money, become the main breadwinners, and run their own businesses, it's important to take measures to protect your lives, businesses, and simply the things you own. That's why asset protection...

 

Friday, August 19, 2022

Many nonprofit organizations set out to help others. They provide services, guidance, support, or other resources to a specific group or cause. Yet, to do the work they do, they often need financial strength. Nonprofit organizations...

 

Friday, July 22, 2022

Investing involves setting goals for the future and weighing the risks and potential rewards associated with a wide variety of investment opportunities. If you are a new investor, this might seem like an overwhelming task.But take...

 

Friday, July 22, 2022

For parents and students trying to manage college bills and student loan payments, the federal government offers education-related tax benefits. The requirements for each are different, so here's what you need to know.American...

 

Friday, July 22, 2022

Few U.S. high schools have comprehensive personal finance programs, which means that some teens enter adulthood without a deep base of knowledge on topics like investing, budgeting, and consumer debt. Even those who feel they're fairly...

 

Monday, July 18, 2022

About 61 million adults in the U.S. live with a disability. Many of these disabilities are serious enough to impact a person’s daily life.1 There may be financial benefits available to those whose disabilities leave them unable...

 

Friday, July 15, 2022

Five easy pointers to help you plan during all of your retirement yearsIf you’re retired, there’s good news in that you’ll probably live longer and perhaps better than your parents and grandparents did. The bad news:...

 

Tuesday, July 12, 2022

The "sandwich generation" is the descriptive term for adults generally between the ages of 40 and 59 who are raising a minor child (or supporting a grown child) while also caring for a retirement-age or older parent. With financial...

 

Monday, July 4, 2022

The need for regular saving and investing spans many life stages. Through the years, your goals will change and your strategies will shift, but don’t be alarmed. You’re just progressing through the normal stages of life,...

 

Monday, June 27, 2022

Insurance is crucial for any small business. Small-business owners may find themselves in a difficult situation without proper coverage if they suffer building damage or face a lawsuit. While obtaining adequate insurance for your...

 

Monday, June 20, 2022

When it comes to your retirement, there are three factors that you may want to take into account when planning for your retirement income needs. First, the deductibility of Individual Retirement Account (IRA) contributions is...

 

Monday, June 13, 2022

If you are planning a trip this summer that involves flying, not driving, you may incorrectly assume it is possible to avoid the effects of rising fuel prices. Unfortunately for flying travelers, airlines also face the pressure of...

 

Monday, June 6, 2022

In tax lingo, your principal residence is the place where you legally reside. It's typically the place where you spend most of your time, but several other factors are also relevant in determining your principal residence. Many of the...

 

Monday, May 30, 2022

With the average cost of tuition and fees at private colleges exceeding $43,750 in 2021-22—while out-of-state public college students are paying nearly $30,000 per year—saving for college might feel like a monumental task...

 

Monday, May 23, 2022

With the onset of higher taxes, taxpayers in the upper brackets may want to reposition their portfolios. Even those in lower tax brackets may benefit from portfolio review and reallocation of funds.   Consider the following: For a...

 

Monday, May 16, 2022

When people think of life insurance, what usually comes to mind is settling the deceased's final expenses and providing financial support for their beneficiaries. Although these are the most common uses of life insurance, cash value,...

 

Monday, May 9, 2022

The best-selling book, Good to Great: Why Some Companies Make the Leap. . .and Others Don’t, offers surprising insights into the success of “great” companies that consistently and significantly beat average market...

 

Sunday, May 1, 2022

Retirement is an exciting change in your life, but not one that doesn't come with some ups and downs. When you no longer have as much responsibility for family and the daily challenges of work, it’s likely you may feel blue from...

 

Monday, April 25, 2022

Understanding the 10 jobs that saw the largest increase in salaries last year What do you think is a “livable wage?” Suppose your answer might depend on where you live, but GoBankingRates estimates that a livable wage is...

 

Monday, April 18, 2022

The terms immediate annuity and deferred annuity simply indicate when the distribution phase of the annuity begins. Both allow unlimited contributions, and both can provide, upon election, a continuous stream of payments for life....

 

Monday, April 11, 2022

Are you worried about the current state of the Social Security system and how its future may affect your retirement income? It’s important to take a long, hard look at your current savings strategy to ensure you’ll be able...

 

Monday, April 4, 2022

April brings more than possible rain showers. It also marks Financial Literacy Month in the U.S. Whether you’re interested in a quick refresher or seeking to learn something new, it may be worth the effort to brush up on some...

 

Monday, March 28, 2022

At the foundation of your financial well-being lies your behavior Here is a statement that is bound to cause you to raise your eyebrows: Your long-term financial success may depend less on the structure of your portfolio than on your...

 

Monday, March 21, 2022

In response to demands from baby boomers, aging-in-place improvements that help seniors stay safely in their homes are more stylish and functional than before. Think of a curved and tiled shower soap dish that also serves as a grab bar...

 

Monday, March 14, 2022

Credit card debt is a major problem in the United States. According to the Bureau of Consumer Financial Protection, over 175 million Americans have at least one credit card. In addition, the Federal Reserve Bank of New York estimates...

 

Monday, March 7, 2022

This year's National Consumer Protection Week is March 6th through March 12th. It's a time to educate people about their rights as consumers and how to make informed decisions about their money. Whether it's taking a hard look at your...

 

Monday, February 28, 2022

March 1st is Refired, Not Retired Day. It is a day for those retired or close to retirement to start thinking about their next stage in life. It is a day not to reinvent, rekindle, and refire your life, focusing on what is ahead...

 

Monday, February 21, 2022

An emergency fund is like a life preserver, it can keep you afloat when the unexpected happens and prevent you from moving backward financially. No one likes to think about tragic scenarios they might need to save for, but it’s...

 

Monday, February 14, 2022

February is Black History Month, which is a time to celebrate achievements by those of Black or African American heritage and recognize their central role in United States history. While it is important to celebrate Black History in...

 

Monday, February 7, 2022

Regardless of whether you prepare your taxes yourself or use a professional's services, it's a good idea to gather the information and documentation you need well in advance of your actual tax filing date. Below, we've listed some key...

 

Monday, January 31, 2022

Looking for longer-term market trends that might shape the next few years Let’s be honest for a second: the DJIA, the S&P 500, NASDAQ, and the Russell 2000 all delivered one of the most surprising years in recent history. And...

 

Monday, January 24, 2022

Communicating openly can help everyone prepare and plan for the future Many parents may find it uncomfortable, or even believe it is unnecessary, to inform their children about personal finance matters. Yet, communicating openly with...

 

Monday, January 17, 2022

Financial stress can have a direct negative impact on a person's health and happiness. Unfortunately, this may lead to a downward spiral. The more stress you're feeling, the larger your financial hurdles may seem, and the more you...

 

Tuesday, January 11, 2022

Common sense tips to help children, teens and other vulnerable groups The Internal Revenue Service (IRS) is helping families, teens and senior citizens learn about the continued importance of protecting personal information in helping...

 

Monday, January 3, 2022

Getting ready for retirement is both exciting and daunting. While you are likely looking forward to the enjoyment and relaxation that retirement may bring, you are also cautious about ensuring you have enough money to be able to retire...

 

Monday, December 27, 2021

Don’t Be Left Out in the Cold Along with snowmen, skating, and sledding, the winter months also bring the possibility of freezing rain, strong wind, ice, and blizzard conditions. When such weather is imminent, the National...

 

Monday, December 20, 2021

For some, it’s easy to put personal finances on the back burner during the last few months of the year. However, before the year comes to an end, it’s essential to review your finances. By doing so now, you can make the...

 

Monday, December 20, 2021

LPL Research Outlook 2022: Passing the Baton is designed to help you navigate the risks and opportunities over the rest of 2021 and beyond. While the economy continues to move forward, we’re still feeling some aftershocks of...

 

Monday, December 13, 2021

If you're new to investing, you may encounter some unfamiliar   jargon. Understanding the following   terms may help you become a more confident investor. Portfolio An investment portfolio is a collection of...

 

Tuesday, December 7, 2021

Regardless of size, companies can benefit when the community in which they do business thrives. For entrepreneurs, giving back to the community may be more than just a charitable act; it can also make good business sense. If you have...

 

Tuesday, November 30, 2021

The past two years presented many small-business owners with unprecedented challenges. This year’s tax planning preparations include necessary measures for small-business owners to satisfy existing, new and modified tax laws that...

 

Tuesday, November 23, 2021

When it comes to investing, many people associate risk with losing money. But investing entails different types of risk. Understanding each type -- and the potential return associated with your retirement portfolio -- can help you...

 

Tuesday, November 16, 2021

Entrepreneurs tend to be natural risk-takers but this doesn't mean committing to uncompensated risk. A wise entrepreneur considers their potential exposure before leaping into a new business venture, moving forward only on those...

 

Tuesday, November 9, 2021

Many of us grew up in a world where it was customary to be friendly, courteous, and trusting. Unfortunately, assumptions concerning these standards of conduct can sometimes get us into trouble. Con artists offering a variety of...

 

Tuesday, November 2, 2021

Long-term care insurance is a type of insurance that covers the costs related to long-term, chronic health concerns. It may cover things that traditional health insurance does not cover, such as personal care services. If you have a...

 

Tuesday, October 26, 2021

As cloud storage becomes more common, data security is an increasing concern. Companies and schools have been increasing their use of services like Google Drive for some time, and lots of individual users also store files on Dropbox,...

 

Tuesday, October 19, 2021

As more and more women assume leadership roles in businesses, it is changing the attitude and sometimes even the future of the workplace. Female bosses may teach business leaders a lot about engaging with employees, promoting their...

 

Tuesday, October 12, 2021

We’ve all heard this advice before: if you want to save money, you need to cut back on spending. However, it’s not always so easy. Identifying senseless spending in the following areas can help you save more each month. But...

 

Tuesday, October 5, 2021

Five tips to finding a financial professional that fits you and your family The financial professional you pick to manage your assets and advise you on key financial decisions may affect your retirement and other major financial goals...

 

Tuesday, September 28, 2021

Have you ever made a purchase that has thrown your monthly budget off-kilter? Or maybe you’ve put financial restrictions on yourself that push you away from spending on things that bring you joy. The phrase “treat...

 

Monday, September 20, 2021

Protection for All Life’s Stages As your life changes, your financial needs often change, as well. Regardless of whether you are just starting out in life, are in mid-career, or are at the peak of your earning years, life...

 

Tuesday, September 14, 2021

Sometimes a 401(k) loan makes sense, but there are a lot of considerations Tapping your tax-advantaged retirement savings seems like a desperate financial move (because it is), yet also a sound one in specific circumstances. Best know...

 

Tuesday, September 7, 2021

If one or more of your children will reach college age soon, you may be wondering how you will manage all the costs. For many families, a financial aid package provides some level of tuition support in the form of grants, scholarships,...

 

Monday, August 30, 2021

You’re already sharing a life, now it’s time to share some important info to get your matrimonial journey off to a great start. Congrats on your recent nuptials! Now that you’ve said the vows and enjoyed a relaxing...

 

Monday, August 23, 2021

Today's low interest rates are a far cry from the double-digit rates seen in the 1970s and 1980s when even a certificate of deposit (CD) could yield up to 20 percent per year.1 But there are some distinct advantages to a...

 

Tuesday, August 17, 2021

As of 2017, about two-thirds of all nonprofit organizations in the U.S. had annual budgets of less than $1 million.[1] For these non-profit organizations where every penny has a purpose, having the services of a financial professional...

 

Tuesday, August 10, 2021

Three things to look for when buying an index fund or ETF As tax season comes to a close, you realize exactly how much you paid in taxes and naturally will ask the question, “what can I do to reduce my taxes next year?” The...

 

Tuesday, August 3, 2021

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 27, 2021

Should you insure that trip or TV? Here’s what an economist would do You can buy insurance for practically anything these days. Planning a vacation to France? Your airline, travel agent or even hotel will likely offer trip...

 

Tuesday, July 20, 2021

Between health, life, auto, disability, and homeowner/renter insurance, paying to insure your belongings--and yourself--can be a significant portion of your monthly budget. However, some of the factors that impact insurance rates are...

 

Tuesday, July 13, 2021

WHY THE INFLATION RATE DOESN’T TELL THE WHOLE STORY – ALL IT TAKES IS A SPIKE IN A CATEGORY LIKE USED CARS TO CAUSE CONSUMER PRICES TO SOAR Markets, economists and policymakers have been fretting about inflation for months,...

 

Tuesday, July 6, 2021

We are experiencing the biggest remote work experiment in history – but many are beginning to imagine life after lockdown. Amid unprecedented global job losses, concerns about transport infrastructure and the continuing need for...

 

Tuesday, June 29, 2021

The more money that you can save when you are working, the easier it should be for you to retire and enjoy your golden years. Unfortunately, Social Security may no longer provide a sufficient income to live on during retirement. To...

 

Tuesday, June 22, 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....

 

Tuesday, June 15, 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...

 

Tuesday, June 8, 2021

Your life insurance needs change as your life changes. When you are young, you may not have a need for life insurance. However, as you take on more responsibility and your family grows, your life insurance needs increase. Your needs...

 

Tuesday, June 1, 2021

Because you've worked hard to create a secure and comfortable lifestyle for your family and loved ones, you'll want to ensure that you have a sound financial plan that includes trust and estate planning. With some forethought, you may...

 

Tuesday, May 25, 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...

 

Tuesday, May 18, 2021

Setting healthy financial goals is critical. Even more important is staying committed to those financial goals. Keeping yourself committed to your goals may be difficult, especially when times may be financially tough. But by staying...

 

Tuesday, May 11, 2021

If you're a small business owner, many of the best practices employed by individual investors are also available to you (of course!), but you also have some additional options and factors to weigh while creating your investment plans....

 

Tuesday, May 4, 2021

Retiring from the military is a profound accomplishment. For many, this retirement will provide you with positive things, including the time and geographic stability you need to start a new career or simply enjoy leisure activities...

 

Tuesday, April 27, 2021

The COVID pandemic has affected everyone across the nation, from the largest cities to the smallest towns.[1] People are struggling with employment, schooling, and even the ability to buy essentials. In times like these helping your...

 

Tuesday, April 20, 2021

As your retirement draws closer, you will probably start to have lots of questions such as: How much Social Security will I receive? When should I retire? How will I know when to retire? Do I have enough saved? What will I need to do...

 

Tuesday, April 13, 2021

When saving for retirement, it often makes sense to contribute to employer-sponsored retirement plans to take advantage of any available employer match opportunities. However, not everyone has access to an employer-sponsored plan. Even...

 

Tuesday, April 6, 2021

Unlike verbal literacy, financial literacy isn't often taught in schools—which means that many people may enter adulthood without having all the tools they need to make informed and effective financial decisions.[1] Fortunately,...

 

Tuesday, March 23, 2021

Professionals who have worked hard and built up assets over the course of their careers may be particularly concerned that their savings could be affected by a long term care event. As the costs associated with long term care continue...

 

Tuesday, March 16, 2021

If you're like many Americans, you may have a few dents and dings on your credit report. As of 2020, around one in five adults has either a "fair" or "poor" credit score, which can impact their ability to qualify for a loan, rent an...

 

Tuesday, March 9, 2021

Women play a central role in establishing and preserving family wealth -- whether nurturing the values of children, fulfilling charitable goals, or making investment decisions that affect the financial security of themselves or their...

 

Tuesday, March 2, 2021

Most people who decide to purchase stocks, bonds, mutual funds, or other investment vehicles do so understanding that there are risks associated with investing, but believing that the potential growth they may realize over time...

 

Tuesday, February 23, 2021

As of 2018, about 58 million Americans had a 401(k), while around one-third of households owned an individual retirement account (IRA).1, 2 Yet for as commonplace as these retirement accounts can be, the nuances of contributions are a...

 

Tuesday, February 16, 2021

With more and more seniors aging in place, the rise in caregivers who are not health professionals has begun to increase as well. Informal caregivers may find that their work is rewarding, since they ensure that their loved one is...

 

Tuesday, February 9, 2021

Wealth can be a mixed blessing -- one that creates great opportunity as well as weighty responsibility -- especially for children. As a parent, grandparent, or concerned relative, you hope to pass on what you have learned about...

 

Tuesday, February 2, 2021

Although a year away, your 2021 tax planning should have already started Amidst all the pandemic news and 2020 election drama, many might have missed that the IRS also quietly published new 2021 tax rates in late October and a there...

 

Tuesday, January 26, 2021

One year ago, there was already troubling news about how little Americans had saved for retirement. Then the pandemic descended, multiplying those concerns. Local and national governments attempted to help with the immediate needs of...

 

Tuesday, January 19, 2021

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 documents,...

 

Tuesday, January 12, 2021

Financial wellness, like physical wellness, isn’t something you should ignore. Instead, it's a critical concept for anyone who wants to be knowledgeable and confident about their finances, and in fact, financial wellness is so...

 

Tuesday, January 5, 2021

New Year's is traditionally the time to review your life and make resolutions for change. In addition to thinking about working out, eating healthy, and meeting personal and professional goals, you should also think about your finances...

 

Tuesday, December 22, 2020

With the end of the tax year fast approaching, you may want to find ways to minimize your tax liability. Implementing one or more of the simple strategies discussed below may allow you to hold on to more of your earnings, potentially...

 

Tuesday, December 15, 2020

With the holiday season just around the corner, you may be ready to get a jump on your holiday shopping. Unfortunately, for many, holiday shopping easily gets out of control. When you are in the giving spirit, you may find yourself...

 

Tuesday, December 8, 2020

From pandemic-related stimulus payments to job losses and furloughs, for many taxpayers, next spring's tax season may be more complex than usual. With the end of 2020 rapidly approaching, you should take some time to review your tax...

 

Tuesday, December 1, 2020

As the holidays approach, many children start to make wish lists, but unfortunately, not all children have someone to give them gifts. Luckily, there are many charities that help get holiday gifts and joy to children. If you're...

 

Tuesday, November 24, 2020

Retirement planning is all about the future, your future. Whether you are classified as a millennial, Gen Xers, women, or you are in your 40s-50s, retirement planning is a must. The key to successful retirement planning is starting...

 

Tuesday, November 17, 2020

When was the last time you took steps to optimize your 401k? If it's been a while, you're not alone. Research indicates that only one in three Americans utilize employer-sponsored 401k retirement accounts; even those who are...

 

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,...

 

Tuesday, October 20, 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...

 

Tuesday, October 13, 2020

If you are preparing to change jobs, do you know what your choices are for managing the money in your current employer's retirement plan? Although many people choose to take a cash distribution, there are other options that may...

 

Tuesday, October 6, 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,...

 

Thursday, October 1, 2020

If you've been wondering how to optimize your finances and ensure your money continues to work for you, a financial professional may be able to help. But the thought of turning over your most sensitive financial information to a...

 

Tuesday, September 22, 2020

“Everyone has a plan until they get punched in the mouth.” Mike Tyson 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...

 

Tuesday, September 15, 2020

See if you can spot the flaw in this couple's plan: A husband and wife are retiring next month at age 62, with an equal amount saved in retirement and non-retirement accounts (let's call it $500,000 each). Like most, over their...

 

Tuesday, September 8, 2020

When the markets are shaky, it can be tempting to rely on political headlines or pending legislation to time your entry or exit points. However, letting politics drive your investment decisions can be a costly mistake. Learn more...

 

Tuesday, September 1, 2020

It may be better to give than to receive, but it may be even better to give and see your generosity rewarded. Charitable giving can play a valuable role in your financial and tax strategies. A well-planned gift to charity could...

 

Tuesday, August 25, 2020

These crucial years call for action. Today, retirement may seem nearer to you than it once did. The following moves might be worth making—and soon. Catch-up contributions to your retirement accounts. Starting in the year you turn...

 

Tuesday, August 18, 2020

Charitable giving can play an important role in many estate plans. Philanthropy cannot only give you great personal satisfaction, it can also give you a current income tax deduction, let you avoid capital gains tax, and reduce the...

 

Tuesday, August 11, 2020

By investing for retirement through your employer-sponsored plan, you are helping to manage a critically important financial risk: the chance that you will outlive your money. But choosing to participate is just one step in your...

 

Tuesday, August 4, 2020

Sending a child to college for the first time can be a stressful transition for any parent. Even though your child is legally an adult (or almost an adult) by the time they head out on their own, a parent's worries about health, safety...

 

Tuesday, July 28, 2020

Tip: Nearly 70% of workers expect to work for pay in retirement, but only 26% of retirees actually have done so. Source: 2018 Retirement Confidence Survey, EBRI Retirement can have many meanings. For some, it will be a time to travel...

 

Tuesday, July 21, 2020

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 loans. The IRS expanded the categories of those eligible, called qualified...

 

Tuesday, July 14, 2020

AT THE MIDPOINT of 2020, we’re mindful that it’s been an extremely challenging year so far in the United States and around the globe. We’re in the midst of a pandemic that continues to impact all of us, our...

 

Tuesday, July 14, 2020

To most people, "risk" evokes negative images -- driving faster than the speed limit, placing bets on "a long shot," or traveling alone to unfamiliar places. Mention risk in terms of investing and people might think about losing their...

 

Tuesday, July 7, 2020

A chocolate cake. Pasta. A pancake. They're all very different, but they generally involve flour, eggs, and perhaps a liquid. Depending on how much of each ingredient you use, you can get very different outcomes. The same is true of...

 

Friday, June 26, 2020

A healthy lifestyle fosters human excellence. It is an integration of the mind, body, and spirit that enables us to continually uncover our potential and strive to achieve all of which we are capable. Healthfulness is a state of...

 

Friday, June 19, 2020

One extra curricular activity that every student should master before heading off to college is personal money management. Typically, a student’s day-to-day spending is done on an ad-lib basis, meaning that overspending is the...

 

Friday, June 12, 2020

When it comes to retirement plans, there is no one-size-fits-all approach for how to invest. While there are some basic strategies everyone should follow, it’s important to keep in mind retirement plans will vary, depending on...

 

Friday, June 5, 2020

Retirement planning is all about the future, your future. Whether you are classified as a millennial, Gen Xers, women, or you are in your 40s-50s, retirement planning is a must. The key to successful retirement planning is starting...

 

Tuesday, May 26, 2020

When you invest in the stock market, you want to see growth, but unfortunately, in most cases, investments do not grow all the time. Inevitably, the market goes up and down, and to safeguard your potential for long-term growth, you...

 

Tuesday, May 19, 2020

Conventional wisdom says that what goes up must come down. But even if you view market volatility as a normal occurrence, it can be tough to handle when your money is at stake. Though there's no foolproof way to handle the ups and...

 

Tuesday, May 12, 2020

Each generation, it seems, strives to distinguish itself from the former generation. Trendy hairstyles, funky fashion, special slang, alternative lifestyles, and even different ideals are eagerly adopted in an effort to differentiate...

 

Tuesday, May 5, 2020

Sometimes, even highly-compensated individuals may find it difficult to achieve long-term success when it comes to managing their personal finances. Although they may attain a comfortable level of income, their focus may be on career...

 

Tuesday, April 28, 2020

An individual retirement arrangement (IRA) is a personal retirement savings plan that offers specific tax benefits. In fact, IRAs are one of the most powerful retirement savings tools available to you. Even if you're contributing to a...

 

Tuesday, April 21, 2020

Too many people just don’t have it, but your financial professional can help April is National Financial Literacy Month – an entire month dedicated to underscoring the importance of learning, establishing and maintaining...

 

Wednesday, April 15, 2020

Selecting a filing status is one of the first decisions you'll make when you fill out your federal income tax return, so it's important to know the rules. And because you may have more than one option, you need to know the advantages...