Financial Planning
Women need different financial plans – Here are 4 key steps to take
Women face unique financial challenges, from the gender pay gap to career interruptions for caregiving, which can impact retirement savings and Social Security benefits. However, with the right tools and…
Read More‘The bank is watching you’: This is what happens when you deposit too much cash into your bank account
Many Americans feel like “Big Brother is watching” when they deposit or withdraw large sums from their bank accounts. Alexis and Dean, a couple running a financial advice start-up, addressed…
Read MoreTrump Era Tax Cuts Are Expiring: 4 Ways Your Household Budget Will Take a Hit
Inflation’s financial strain is compounded by recent tax law changes, with both enacted and expired laws expected to raise taxes. The June 2023 Fiscal Responsibility Act establishes new spending limits,…
Read MoreHow the Social Security Bridge Strategy Works
Introducing a thoughtful exploration into the intricacies of Social Security collection. Delving into a specific strategy for determining when to take Social Security, it’s crucial to recognize that individual financial…
Read MoreThis Social Security Spousal Rule Is Officially Finished in 2024 — But These 3 Strategies Remain
A longstanding Social Security spousal rule concludes this year for most individuals, except those who turned 70 on Jan. 1, 2024. The rule, permitting recipients to switch between their benefits…
Read MoreWhat Comes After a Good Year in the Stock Market?
The stock market’s cyclical nature often sees bad years followed by good ones, though not without exceptions. The natural question arises: What occurs after good years? How frequent are positive…
Read More4 big things homeowners insurance doesn’t cover — and what you can do to protect yourself
Safeguarding your most significant investment, homeowners insurance is crucial, especially if you have a mortgage, as it is often a requirement. Commonly known as an HO-3 policy, standard homeowners insurance…
Read MoreHow Is Your Post-Retirement Stacking Up? Three Key Questions
Cheers to a successful retirement transition! As you embark on this exciting new chapter, ensure a rock-solid financial foundation with scenario planning. Guard against the top retiree fear—running out of…
Read MoreFour Reasons to Consider Doing Partial Roth IRA Conversions Now
Your lifelong financial companion: Taxes. If you’ve amassed a substantial IRA, navigating this expense is crucial. Despite hopes for lower taxes, the reality, with over $32 trillion in government debt,…
Read MoreAre You Taking Too Much Risk in Retirement?
The retirement fear we all share: running out of money. Whether it’s $1 million or $2 million, the worry persists. Market volatility adds to the anxiety, with memories of the…
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