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New Retirement Contribution Limits for 2024
The Internal Revenue Service (IRS) has released new limits for certain retirement account for 2024. Keep in mind that this update is for informational purposes only, so please consult with an accounting or tax professional before...
Read More9 INVESTMENT PITFALLS
9 INVESTMENT PITFALLS TIMELESS TIPS WHEN MANAGING MONEY Experience has taught us that successful investing requires discipline and patience. When emotions run high, it can be easy to lose focus on your investment strategy. To...
Read MoreFinancially Savvy at Six Figures
Reaching six figures is no easy feat. If you’re one of the hard-working few who have made it to this milestone, give yourself a pat on the back and celebrate. It can be tempting to feel like now that you've made it to the top of...
Read MoreData Breach: Your Security To-Do List
According to recent statistics, data breaches have become common in today's digital world. In fact, it is estimated that more than 111.7 million Americans have their personal information exposed to data breaches every year. Whether...
Read MoreAI Tools Changing Retiree Entrepreneurship
Artificial intelligence (AI) tools have become a game changer in various industries, and they are also proving incredibly useful for retirees looking to start consulting or a small business venture. These tools can simplify tasks,...
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A Primer on Dividends
When looking for income-generating investments, some investors turn to dividend-yielding stocks. When a company makes a profit, that money can be put to two uses: It can be reinvested in the business. It can be paid out to the...
Read MoreA Decision Not Made Is Still A Decision
Whether through inertia or trepidation, investors who put off important investment decisions might consider the admonition offered by motivational speaker Brian Tracy, "Almost any decision is better than no decision at all." This...
Read MoreUnderstanding FDIC Insurance
Understanding FDIC Insurance. It's natural to wonder exactly how a bank safeguards your money. Fortunately, the Federal Deposit Insurance Corporation (FDIC) insurance exists for this very reason: to help protect your funds once deposited...
Read MoreFive Most Overlooked Tax Deductions
Five Most Overlooked Tax DeductionsWho among us wants to pay the IRS more taxes than we have to?While few may raise their hands, Americans regularly overpay because they fail to take tax deductions for which they are eligible. ...
Read MoreTraditional vs. Roth IRA
Traditional vs. Roth IRATraditional Individual Retirement Accounts (IRA), which were created in 1974, are owned by roughly 36.6 million U.S. households. Roth IRAs, created as part of the Taxpayer Relief Act in 1997, are...
Read MoreA Decision Not Made Is Still a Decision
A Decision Not Made Is Still a DecisionWhether through inertia or trepidation, investors who put off important decisions might consider the admonition offered by motivational speaker Brian Tracy, "Almost any decision is better than no...
Read MoreSix Surprising Facts About Retirement Confidence
1) 1 in 3 retirees report higher expenses than anticipated.¹2) 20% of retirees find that extended care cost, which Medicare does not cover, are much higher than expected.¹3) 86% of retirees-to-be expect...
Read MoreThe Business Cycle
The Business CycleWhat has upswings and downturns, troughs, peaks, and plateaus? Though such terms could easily describe a roller coaster ride, they are also commonly used to describe the business cycle.The business cycle – also...
Read More9 Facts About Retirement
9 Facts About Retirement Retirement can have many meanings. For some, it will be a time to travel and spend time with family members. For others, it will be a time to start a new business or begin a charitable endeavor. Regardless of...
Read MoreWhat Is A 1031 "Like-Kind" Exchange? How Does It Work?
What Is a 1031 Exchange? If you want to add investment real estate to your portfolio, you may want to know what a 1031 Exchange is. While the rules and regulations for this tactic can get complicated, understanding the basic concepts...
Read MoreNew Retirement Contribution Limits for 2023
New Retirement Contribution Limits for 2023The Internal Revenue Service (IRS) has released new limits for certain retirement accounts for the coming year. After months of high inflation and financial uncertainty, some of these...
Read MoreEmergency Funds
Your Emergency Fund: How Much Is Enough?Have you ever had one of those months? The water heater stops heating, the dishwasher stops washing, and your family ends up on a first-name basis with the nurse at urgent care. Then, as you're...
Read MoreHow Investment Losses Can Lower Your Taxes
Tax Loss Harvesting - What Is It? And can it help you?
Read MoreWeekly Market Insights: Stocks Reach All-Time Highs
Stocks reached new all-time highs last week as markets staged a strong rebound from the previous week’s declines.The Dow Jones Industrial Average rose 3.44%, while the Standard & Poor’s 500 picked up 2.74%. The Nasdaq...
Read MoreWeekly Market Insights: Fed Signals Interest Rate Hikes
New messaging from the Federal Reserve on interest rates and inflation last week led to a broad retreat in stock prices.The Dow Jones Industrial Average dropped 3.45% while the Standard & Poor’s 500 lost 1.91%. The Nasdaq...
Read MoreSummer Travel is Back!
One of the most anticipated comebacks of 2021 isn’t an athlete, rock star, or movie franchise. It’s summer travel, and it appears to be back with a vengeance.Travel agents are working 14-hour days to meet the needs of...
Read MoreA Seven-Year High for Gas Prices
Over Memorial Day weekend, gasoline prices hit the highest for this holiday weekend since 2014.1With the Colonial Pipeline outage in the rear-view mirror and an ever-increasing number of adults vaccinated, formerly cooped-up motorists...
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