Risk management is the foundation of any solid financial plan. It takes only one sizable risk to threaten your ability to reach your long-term goals. You probably have strategies in place to protect you from a wide range of risks such as medical issues, accidents, home damage and even death. There may be one risk, […]
Don’t Let Tax Season Stress You Out
April is right around the corner, and that means it’s almost time to file your taxes. You might be feeling a little stressed out. You’re not alone. For many Americans, tax season can be one of the most stressful times of the year. Filing tax returns can be time-consuming and complicated. You may be worried […]
Are You Leaving Your Beneficiaries With a Tax Bill?
Providing loved ones with financial stability after you’re gone is an important goal for many people. If you’re planning to leave them a retirement account such as a 401(k) or an IRA, there are some crucial tax implications for your heirs that you may want to consider. Tax-advantaged plans like 401(k)s and IRAs are great […]
Managing Money Well as a Couple
When you marry or simply share a household with someone, your financial life changes – and your approach to managing your money may change as well. To succeed as a couple, you may also have to succeed financially. The good news is that is usually not so difficult. At some point, you will have to […]
Do Our Attitudes About Money Help or Hurt Us?
Our relationship with money is complex & emotional. When we pay a bill, go to the mall, trade in a car for a new one, hunt for a home or apartment, or pass someone seemingly poor or rich on the street, we feel things and harbor certain perceptions. Are our attitudes about money inherited? They […]
What Are Your Options for Your 401(k) After You Retire?
Is retirement right around the bend? If so, you may be exploring your options with your retirement assets. Your 401(k) will most likely be among the largest of those assets. For nearly your entire adult life, your 401(k) has served as an accumulation vehicle. After you retire, you may need for it to become a […]
New Year’s: The Right Time to Reassess Your Retirement Plan
It’s not hard to fall behind on your retirement savings, but it can be very difficult to get back on track. Everyday costs such as child care, home repairs, health care and more can limit your ability to save regularly for a long-term retirement goal. With the new year here, it may be a good […]
How to Pay for Holiday Gifts Without Breaking the Budget
The holiday season is here again, which means it’s time to brave the crowds, head out to the stores and load up on holiday gifts for your friends and loved ones. If you’re like many, you probably get great joy out of providing your family and friends with presents that they will enjoy and appreciate. […]
What Will Happen to Your Roth IRA After You Pass Away?
Millions of Americans have made the decision to utilize a Roth IRA as their primary retirement savings vehicle. In fact, in 2013, contributions to Roth IRAs surpassed annual contributions to traditional IRAs. Americans contributed more than $6 billion to Roth accounts, versus $4.6 billion to traditional accounts.1 There are a number of reasons why so […]
Have You Asked These 3 Questions About Your Business Succession?
Owning a small business is one of the most difficult and rewarding things a person can do. For most small-business owners, their wealth is tied to their business, which can make retiring a difficult process. Retirement may be dependent on selling the business or transitioning it to a partner or family member. That process can […]
