• Navigating the College Conundrum

    April 16, 2021

    Amid soaring costs and souring sentiment, it's worth weighing higher education's ROI.

  • Inheriting an IRA — Say Goodbye to the Stretch

    April 6, 2021

    Many children, grandchildren, and other non-spouse beneficiaries who inherit IRA assets can no longer "stretch" distributions over their lifetimes.

  • Gift vs. Inheritance: Consider the Tax Difference

    24 de marzo de 2021

    Most people do not pay income tax on assets they inherit, but if they later sell inherited assets such as appreciated securities and real estate, they may owe tax on the capital gains.

  • Sharing Your Money Values Can Be Part of Your Legacy

    12 de marzo de 2021

    When it's time to prepare the next generation for a financial legacy, you might want to bring your family members together to talk about money.

  • Five Tips to Regain Your Retirement Savings Focus in 2021

    Feb. 28, 2021

    If you find yourself among those feeling stressed heading into the new year, these tips may help you focus and enhance your retirement savings strategy in 2021.

  • Financial Aid Changes on the Horizon

    Feb. 22, 2021

    The U.S. Department of Education has designated February as Financial Aid Awareness Month, and this year there's a lot to talk about.

  • Key Retirement and Tax Numbers for 2021

    Feb. 16, 2021

    Every year, the IRS announces cost-of-living adjustments that affect contribution limits for retirement plans and various tax deduction, exclusion, exemption, and threshold amounts. Here are a few of the key adjustments for 2021.

  • Chocolates, Roses, and Cash Flow

    Feb. 10, 2021

    This Valentine’s Day, embrace these six tips as part of your vow to maintain healthy finances in your relationship.

  • Smart Ways for Grandparents to Help with College Costs

    Oct. 6, 2020

    It's easy to see why many families become overwhelmed by college expenses. Providing funds for a grandchild's college education can be personally fulfilling, and it's also a tax-friendly opportunity to pass on wealth.

  • Survival Strategies for the Sandwich Generation

    Oct. 1, 2020

    When your career is reaching a peak and you are finally looking ahead to your own retirement, you may find yourself raising children, or helping with an adult child's college or living expenses, while at the same time looking after the needs of your parents. If so, you're in the sandwich generation, caught between the day-to-day demands of caring for both children and aging parents.

  • Surge in COVID-19 Scams

    28 de sep. de 2020

    Fraudsters and scam artists have always looked for new ways to prey on consumers. Many are now using their tactics to take advantage of consumers' heightened financial and health concerns over the coronavirus pandemic. Federal, state, and local law enforcement have issued warnings on the surge in coronavirus scams and offer advice on how consumers can help protect themselves.

  • Should Inheritance Be Equal?

    Aug. 6, 2020

    Your estate plan may be your last words to those you leave behind. If you're a parent, you should think carefully about the message you'll be sending. Parents who leave their children unequal inheritances risk fueling family feuds. But strictly equal bequests also can cause resentment if the heirs don't see the distribution as fair.

  • Near Retirement and Panicking?

    Aug. 6, 2020

    Volatile markets make most investors nervous, and a big downturn can be especially disturbing to those who are approaching retirement or newly retired. Watching the value of your portfolio decline when you may need your assets in the near term is unsettling. But it's important to stay calm and maintain perspective.

  • Could Your Retirement Plan Get a Boost from a Health Savings Account?

    July 23, 2020

    Health care costs in retirement are a major expense. The Employee Benefit Research Institute estimated that in 2019 a 65-year-old couple would need about $300,000 in savings to pay medical costs throughout their retirement. A Health Savings Account (HSA) may be an option to help manage these costs. This is an account that can be used to pay current as well as future health costs and is tied to a high-deductible health plan (HDHP).

  • So Long Stretch IRA

    July 6, 2020

    The Setting Every Community Up for Retirement Enhancement (SECURE) Act, which was passed in December 2019 as part of a larger federal spending package, included changes that warrant special attention from owners of high-value IRAs. Specifically, many non-spouse beneficiaries who inherit IRA assets can no longer "stretch" distributions over their lifetimes.

  • 7 Questions to Ask Your Financial Advisor

    9 de junio de 2020

    Your financial advisor is your guide as you plan for retirement. Meeting with your advisor is an excellent opportunity to review your goals and find ways to strengthen your financial plan. Asking your advisor some smart questions keeps you engaged and informed in the planning process - and will ultimately help you find opportunities. Here are seven questions worth asking.

  • On the Road to Retirement

    Oct. 15, 2018

    On your journey to retirement, you'll likely face many risks that have the potential to throw you off course. Following are five common challenges retirement investors face. Take some time now to review and understand them before your journey takes an unplanned detour.

  • How Long Will Your Retirement Savings Last?

    Feb. 21, 2018

    A top concern for many people approaching retirement is whether they've saved enough money - fearing they'll outlive their savings. And that's understandable: It's hard to know exactly how much savings you'll need over the course of retirement given all the big unknowns, such as what age you'll live to, inflation and its effects on your cost of living, and your future health care and long-term care spending needs.

  • Trusts that Can Help Your Financial Planning

    Feb. 21, 2018

    When making long-term financial plans and estate plans, you might run into special concerns: Will the right people inherit your money? Are you sure your heirs are able to manage their inheritance responsibly? Are there any strategies to help you transfer your money to the next generation or to charity or tax efficiently?