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Exercise, Diet, and Financial Wellness - 3 Tips to Stay Financially Healthy for Retirement
To maintain good physical health, most people must exercise regularly, eat a balanced diet, and keep stress to a minimum. Achieving financial wellness is no different. It requires careful planning, smart decision-making, and consistent...
Read MoreAn In-Depth Guide to Get the Most Out of Your Retirement Planning and Tax Strategies
Get an in‑depth look at how retirement plans, tax rules, and income decisions impact your long‑term financial freedom.
Read MoreHow to Address Wealth Management in Today's Market Environment
Learn how to address wealth management in today’s market with strategies such as diversification, FinTech tools, and long‑term planning.
Read MoreA Look at Tax Planning for Retirement
Learn how to potentially reduce taxes on Social Security, 401(k), and IRA withdrawals with smart retirement planning strategies.
Read MoreDon’t Leave Your Estate Planning Up to Chance
Creating a well-structured and comprehensive estate plan is critical to ensuring 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 to the...
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2025 Contribution Limits: What’s New?
Life today is expensive, and contributing to a retirement plan is more beneficial than ever. Often, the IRS raises contribution limits annually, such as the contribution limit for 401(k)s increasing to $23,500 for 2025 from $23,000 in...
Read MoreA Guide to Social Security Retirement Benefits and Taxes
Social Security is a vital component of retirement income for many. This government program provides monthly benefits and is funded primarily through payroll taxes. Understanding Social Security benefits and taxation is essential to...
Read MoreYour Financial Fresh Start: 12 Resolutions in 12 Months
Do you want to get on top of your finances this year? Are you looking for ways to improve your fiscal health? Change may be difficult, especially when you try to change your financial habits. The process might be easier if you take an...
Read MoreA 12 Days of Christmas Financial Planning Checklist
The Christmas season is an excellent time of the year to review your financial planning strategy. Our finances are top of mind as most of us are monitoring our spending as the holiday and new year approaches. We can look back over the...
Read MoreYear-End Giving: Should You Go Big or Spread It Out?
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...
Read MoreReplay: Cybersecurity Essentials for Protecting Your Financial Future
In today’s digital world, cyber threats are evolving rapidly—and so should your defenses. During this eye-opening webinar, you'll learn ways to help you recognize and respond to scams that could compromise your financial well-being....
Read MoreGobble Gobble! 7 Financial Conversation Starters for Thanksgiving Table Talk
Thanksgiving is a special time when family members travel long distances, some from across the country, to be reminded why they moved so far away in the first place. Humor aside, Thanksgiving is a beautiful tradition for families to...
Read MoreUnlocking the Power of ESG in Retirement Planning
In today’s world, many nearing retirement are not solely interested in investing for wealth accumulation for their own benefit, but investing in companies that share specific environmental, social, and governance values working to...
Read MoreTen Ways to Tidy Up Your Finances This Fall: A Comprehensive Checklist
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...
Read MoreKey Financial Wellness Metrics for Near-Retirement Individuals
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...
Read MoreLife Insurance Considerations for Every Stage of Life
As we go through various stages of life, our insurance needs may vary significantly. Here’s a breakdown of the different stages: Early Adulthood (20s and 30s) Considerations: Affordability. Life insurance will be less expensive if an...
Read MoreThe Power of Giving Back as a Small Business
Small businesses are typically seen as important to the economy. Not only did they lead the charge through the financial crisis by creating jobs and products, but they are also often small enough to innovate at a grassroots level and...
Read MoreThe Race for Financial Freedom: Your Financial Tour de France
The Tour de France is the world’s most prestigious and challenging bike race, and it attracts the world’s greatest cyclists.1 While your race to financial freedom is not necessarily the most difficult task you might encounter, it may...
Read MoreBeat Inflation with Your Back-to-School Budget
Back-to-school season is always a busy time, but in 2025, it comes with a bigger-than-normal price tag. Between inflation, tariffs, and general economic uncertainty, everything from pencils to laptops may cost more this year. According...
Read MoreThe Role of Insurance in Your Financial Plan
A critical part of financial planning that is often overlooked is insurance. Having various insurance policies will provide different benefits to your financial plan, ranging from protection to tax breaks. In fact, insurance is a...
Read MoreLand of the Debt Free - 3 Steps to Declare Your Financial Independence
Financial independence means different things to different people. For some, it might mean early retirement. For others, the ability to travel the world. It is the freedom to leave a job that is no longer personally or professionally...
Read More8 U.S. Outdoor Activities to Make the Most of Your Summer
Summer is the perfect season to get outside and enjoy the sunshine, warm weather, fresh air, and a wide range of outdoor activities. Whether you are the type of person who likes to relax and enjoy sunny days or likes more fast-paced...
Read MoreFatherly Advice: 6 Timeless Financial Tips Our Fathers Taught Us
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...
Read MoreMemorial Day & Financial Planning for Veterans
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...
Read MoreFinancial Wellness Checklist for Small Business Owners
Financial wellness is easier to work toward when a business owner understands their economic outlook and has set financial goals to take them through the next 5 to 10 years.2 Striving toward financial wellness is vital for any small...
Read MoreHow to Plan for a Healthy Retirement
Planning for retirement often involves focusing on your finances and ensuring that you not only will have enough to sustain you during your retirement but adequate funds to do the things you enjoy doing. While this strategy is a...
Read MoreHow to Address Wealth Management in Today's Market Environment
Addressing wealth management comprehensively in today's market environment is essential for individuals and business entities. Given the dynamic nature of global markets and the ever-changing economic landscape, navigating investment...
Read More6 Ways to Stay Active in Retirement
Retirement is a new stage in life and one that is full of possibilities if you take advantage of it. Too often, those who have spent most of their life working hard may now find the abundance of time hard to fill or may find it...
Read MoreThe Social Security Fairness Act: Great News for Millions of Public Service Employees
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,...
Read MoreTake to the Trail
Between 1910 and 1930, the Green Mountain Club of Vermont established the oldest long-distance hiking trail in the United States—appropriately dubbed the Long Trail. It inspired another recognizable hiking system along the East Coast,...
Read MoreHow to Find the Tax Preparation Method That Works For You
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...
Read MoreEverything You Need To Know About Tax Deductions for Your Business in 2024
Knowing how to take the deductions you are entitled to may help your bottom line if you are a business owner.1 You may use various deductions this tax season 2024 to manage your taxable income and hopefully keep more of your...
Read MoreFinancial Resolutions for Individuals Nearing Retirement
Getting close to retirement is exciting, but it often brings a little worry about your financial future. The closer you get, the more you may be concerned with the rising living costs and if your finances are on track to allow you to...
Read MoreYear-End Giving: Should You Go Big or Spread It Out?
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...
Read MoreTis the Season for Tax-Friendly Giving Strategies
You may donate money to charitable organizations throughout the year, for no other reason than your heart-felt desire to support causes that you care about. But if philanthropy is important to you, keep in mind that the associated tax...
Read MoreCybersecurity Webinar Replay: Secure Your Digital Future
Cybersecurity is crucial for protecting personal information and maintaining privacy in our increasingly digital world. It helps safeguard sensitive data, such as financial details, health records, and personal communications, from cyber th
Read MoreYear-End Countdown: Key Deadlines You Cannot Afford to Miss
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...
Read MoreWhat Investors Need to Know During an Election Year
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...
Read MoreTaking Your Savings One Step at a Time: A Guide for HENRYs
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....
Read MoreCybersecurity Alert: The Top Cybersecurity Threats to Watch Out For
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...
Read MoreHow a Financial Professional May Be Your Valuable Business Advisor
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...
Read MorePrepare or Beware: The Dangers of Retirement Planning Procrastination
Most people looking forward to retirement anticipate years of relaxation and fulfillment after decades of hard work. But the reality of retirement is often far different. For many people, retirement may bring financial stress,...
Read MoreElevate Your Retirement Savings: What to Do After Maxing Out Your 401(k)
The 401(k) plan is an excellent way for HENRYs, high earners not rich yet, to save for retirement. Hitting the maximum contribution limit is a goal many work toward to reap the benefits of this tax-deferred saving strategy fully. But...
Read MoreThe Melinda Gates Effect: Empowering Women in Philanthropy
As far as social change agents go, few have merged philanthropy with administrative acumen and television-around-the-world appeal as strongly and effortlessly as Melinda Gates. A social change agent for women and girls and a...
Read MoreInherited IRAs: What You Should Know
The rules pertaining to Individual Retirement Account (IRA) beneficiaries can be complicated. Here is a quick look at the limitations the Internal Revenue Service (IRS) places on the beneficiaries of IRAs. The biggest difference in the...
Read MoreTeach Your Children Well: Basic Financial Education
Even before your children can count, they already know something about money: it's what you have to give the ice cream man to get a cone, or put in the slot to ride the rocket ship at the grocery store. So, as soon as your children...
Read MoreInvesting Made Easy: How to Start Small
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...
Read MoreHike Smarter: Tips for the Inexperienced (and Experienced) Hiker
We’ve all seen them on Facebook—majestic photos of friends and family, their faces flushed with a healthy glow, at the top of what appears to be a mountain peak with a spectacular view. Pictures like this make the activity of hiking...
Read MoreWorried About Life After Work? Get More Out of Your Social Security Benefits With These Tips
Social Security benefits are critical to retirement planning. These monthly benefits provide a financial safety net for millions of Americans.
Read MoreEnduring Market Volatility With a Financial Plan
If you hope to retire soon and are concerned about what the future may hold for your investments, you are not alone. Inflation has many retirees and soon-to-be retirees worried about outliving their savings and investments.
Read MoreThe Double-Edged Sword of Retirement Planning
Inflation, the silent force shaping our economic landscape, often creeps into our lives unnoticed until its effects become palpable. Its impact on retirement planning, in particular, underscores its double-edged nature.
Read MoreNavigating the 2024 Bond Markets
The close of 2023 witnessed an intense rally in the bond markets, spurred by a resilient U.S. economy and a cooling inflationary environment.
Read MoreLuck of the Investor: Making Your Own Luck on St. Patrick's Day
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 impact your investing.
Read MoreIt’s Time to Spring-Clean Your Financial Plan
Spring is a time of renewal and rejuvenation, as the world awakens from its winter slumber and new life begins to bloom. As the saying goes, "April showers bring May flowers", and this sentiment can also apply to your financial life.
Read MoreManaging Your Money: Top Financial Habits for Women Entrepreneurs
Today, there are an estimated 12.3 million women-owned businesses. To give that some context, approximately 43% of entrepreneurs worldwide are women.
Read MoreStrategic Spending: Wise Habits for Long-Term Care For High-Net-Worth Individuals
As high-net-worth individuals navigate the complexities of financial planning during their working years, one critical aspect often goes overlooked—long-term care.
Read MoreRetiring Early As a Couple: A Financial Love Story
Retiring early as a couple is a goal shared by many, and if planned comprehensively, it may provide opportunities for travel, passion projects, and more quality time together.
Read MoreTax Planning for Small Businesses
For small business owners, tax planning is crucial. Without proper planning, you may find a large portion of your hard-earned profits and savings eaten up by taxes that may not have been so high if you knew better options to pursue.
Read More2024 Challenge of 401(k) Catch-Up Contributions
Retirement planning has become a puzzle of intricate legislation, and the recent changes brought about by the SECURE 2.0 Act have only added more complexity.
Read MoreFive Healthy Habits for Financial Wellness
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.
Read MoreTips to Navigate Tax Filing Season and the IRS
Tax filing season can be a stressful time for many individuals. Dealing with the IRS and ensuring compliance with tax regulations can seem daunting.
Read MoreYour New Year’s (Financial) Resolutions
Cleaning up personal finances remains one of the top resolutions every New Year. But we all know what happens to most such self-promises, so here’s a month-by-month to-do list to help cultivate better financial health.
Read MoreA Holiday Survival Guide for Your Finances
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...
Read MoreHow to Spend Less During the Holidays
The holiday season is quickly approaching, and with it comes more opportunities to spend time with friends and family—but also more money. There’s a lot that goes into this time of year, from hosting family and friends to...
Read MoreCaregiving: A Decision That May Impact Your Retirement Savings
Many women have been a caregiver while raising children. Still, now many are caring for a loved one out of necessity as the older family member can no longer care for themselves.
Read More7 Estate Planning Topics to Discuss with the Family over Thanksgiving Dinner
One of the more difficult conversations for family members to have is talking about estate planning. There are several reasons for this, including the reality of our own mortality and that of our loved ones.
Read MoreGenerational Wealth and the Gift of Financial Freedom
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...
Read More4 Thanksgiving Lessons for a Feast-Worthy Financial Plan
Thanksgiving is a holiday for spending time with loved ones, being grateful, and perhaps enjoying a bit of overindulgence. There are many financial lessons to be had in planning, preparing, and celebrating this annual feast.1
Read MoreA New NBA Season and a Great Time to Review Your Financial Strategy
Basketball fans are eager for October when the NBA season kicks off. It is a new beginning, a fresh chance for teams to showcase their unique talent and strategies for staying at the top of the leaderboard in a wholly unpredictable...
Read MoreA Business Owner’s Guide to Long-Term Care Planning
Businesses generally are illiquid, which can create problems if a business owner requires care in a long-term care facility. LTC is ongoing care in a care facility, nursing home, or at home for those unable to perform a certain number...
Read MoreBouncing Back from Vacation Spending
It can be easy to get swept up in the vacation whirlwind and lose track of how much money you’re spending. From airfare and accommodations to frequent dining out and shopping, the cost of a memorable getaway can quickly skyrocket...
Read MoreU.S. Job Growth Slows to a Sustainable Pace: An Analysis for Investors
The latest job report reveals a notable slowing in the U.S. job growth as employers added 187,000 jobs in July, which is below economists' forecast of 200,000 positions. However, investors should not be alarmed as this change is...
Read More5 Tips for Navigating Medicare in Retirement
One of the main concerns about retirement is health care. As healthcare costs continue to rise, medical bills may quickly derail your retirement plan. The good news is when you turn 65, you will be able to apply for Medicare, which...
Read MoreWomen Who Mean Business: 7 Secrets of Successful Businesswomen
Being successful in the business world has been especially challenging for women in recent decades as they continue to strive for equality in the workplace and advancement as well as comparable advancement opportunities. At the same...
Read MoreHigh Earning Women and Wealth Management
In the U.S., women control a third of household assets. But by 2030, U.S. women are expected to control much of the assets that the baby boomer generation will pass to heirs, roughly 30 trillion in assets. High-earning women have...
Read MorePicking the Right Golf Partner is Not Easy
Have you ever thought about what kind of golf partner best suits your game? Maybe you have an upcoming member guest or are considering joining a local four-ball league this summer? Turns out picking a golf partner is a lot like...
Read MoreWall Street Wisdom: Wise Words from Warren Buffett and Other Great Investors
You can learn a lot from those who have come before you. For individuals interested in investing, especially those new to it, learning and applying the wisdom from people that have found techniques that worked for them is a great...
Read MoreChatGPT-powered Wall Street
Artificial Intelligence-powered tools, such as ChatGPT, have the potential to revolutionize the efficiency, effectiveness and speed of the work humans do.And this is true in financial markets as much as in sectors like health care,...
Read MoreThe Complex Waters of Aging Parents’ Finances
As professionals, managing our own finances can be a challenge. However, one area that we often overlook, yet is vitally important, is understanding and navigating our aging parents' finances. As they move into retirement and beyond,...
Read MoreCongress Tells Treasury to Expect SECURE 2.0 Technical Fixes
In late May 2023, Congress sent a letter to U.S. Treasury Secretary Janet Yellen and IRS Commissioner Daniel Werfel saying that it will introduce legislation to correct several technical errors in the SECURE 2.0 Act. The letter, signed...
Read MoreSetting and Targeting Investment Goals
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...
Read MoreTaking Charitable Giving to Another Level
Did you know that you can gift a new or existing life insurance policy to your favorite charity? When properly designed, a charitable life insurance program may improve your overall financial situation and offer tax benefits, all while...
Read More3 Moments in Life Where You Should Consider Consulting a Financial Professional
If you've ever wondered why so many lottery winners (an estimated 70 percent) seem to blow through all their winnings so quickly, the answer often lies in two key traits: overconfidence and trusting the wrong people.1 The same...
Read MoreStaying on Track with Your Retirement Investments
Investing for your retirement isn't about getting rich quick. More often, it's about having a game plan that you can live with over a long time. You wouldn't expect to be able to play the piano without learning the basics and...
Read MoreLife Insurance: How Much Is Enough?
You may already be aware of the importance of having enough life insurance coverage to handle financial matters that could affect your family in the event of your death. However, determining the appropriate amount of coverage for your...
Read MoreRetiring as a Small-Business Owner: What to Know Before You Go
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...
Read MoreFive Ways SECURE 2.0 Changes the Required Minimum Distribution Rules
The SECURE 2.0 legislation included in the $1.7 trillion appropriations bill passed late last year builds on changes established by the original Setting Every Community Up for Retirement Enhancement Act (SECURE 1.0) enacted in 2019....
Read More529 College Savings Plans: A Cheat Sheet for Common Questions
Whether your child was just born or is heading toward high school graduation, a 529 savings plan may help you put aside funds to pay for college expenses without paying taxes (federal and some states) on any dividends and gains.1...
Read MoreUnderstanding Social Security Strategies
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...
Read More7 Retirement Considerations
When helping people get ready for retirement, financial professionals find the same issues come up over and over. Thinking ahead can spell the difference between a retirement with enough money and a stressful one with difficult...
Read MoreThe Principles of Financial Literacy
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...
Read More3 Golf Tips to Keep Your Retirement Plan on Course
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...
Read MoreSaving for Your Retirement
Major considerationsHow much will you need in retirement?When do you plan to retire? What kind of lifestyle do you desire? How much do you have right now that you can count on for your retirement? What about Social Security; do you...
Read More5 Last Minute Considerations Before Tax Day
With April’s federal tax filing and payment deadline on the horizon, Americans are dotting their i’s and crossing their t’s as they prepare for the countdown to Tax Day. But before you rush to get that return out the...
Read More3 Moments in Life Where You Should Consider Consulting a Financial Professional
If you've ever wondered why so many lottery winners (an estimated 70 percent) seem to blow through all their winnings so quickly, the answer often lies in two key traits: overconfidence and trusting the wrong people.1 The same...
Read MoreWhat role does Social Security play in your retirement income strategy?
As you near retirement, it's likely you'll have many questions about Social Security. How much will your retirement benefit be? When should you apply? Will earnings from a part-time job affect your benefit? Social Security has always...
Read MoreRetirement Investors Get Another Boost from Washington
Amid the 1,650-page, $1.7 trillion omnibus spending legislation passed by Congress last week and expected to be signed by President Biden were several provisions affecting work-sponsored retirement plans and, to a lesser degree, IRAs....
Read MoreTax Planning for Business Owners
What is business tax planning?When starting a business, you must consider a number of tax-related issues. Although business tax planning is a complicated area, it is essential to understand three major topics: tax consequences when the...
Read MoreWealth Due to Inheritance
What is it?IntroductionIf you're the beneficiary of a large inheritance, you may find yourself suddenly wealthy. Even if you expected the inheritance, you may be surprised by the size of the bequest or the diverse assets you've...
Read MoreTax Planning and Financial Planning Go Hand in Hand
Tax Planning and Financial Planning Go Hand in HandWith tax season coming to an end, it’s the ideal time to use this year's tax return to help update your financial plan. If you’re in the group of one in four Americans who...
Read MoreNew Year, New Goals: Your Countdown to Financial Health
For many people, a new year provides a new start—and nothing says "new start" like a fresh new set of financial goals. But setting these goals is easier said than done. What steps should you take to get the most bang for your...
Read MoreA Look at Tax Planning for Retirement
After years of saving and planning for their golden years, many people nearing retirement fail to consider the tax burden they may face on income they receive after they stop working.
Read MoreYour Financial Fresh Start: 12 Resolutions in 12 Months
Change may be difficult, especially when you try to change your financial habits. The process might be easier if you take an incremental approach. Do you want to get on top of your finances this year?
Read MoreTax Prep Checklist: Everything You Need to Be Ready for Tax Season
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.
Read MoreThe 12 Days of Year-End Planning: Things to Consider Going into “The New Year"
At the end of the year, it is necessary to reflect on your financial picture, review the last 12 months, and plan for the future. With all that is involved, it can seem overwhelming. Consider breaking up the responsibilities over...
Read More2022 Year-End Tax Tips
Here are some things to consider as you weigh potential tax moves between now and the end of the year.1. Defer income to next yearConsider opportunities to defer income to 2023, particularly if you think you may be in a lower tax...
Read MoreYear-End Investment Decisions
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...
Read MoreYear-End Planning for Retirees
As we approach the last quarter of each year, it is a good time to plan for the next one. Year-end planning is especially important for existing retirees and those hoping to retire in the next few years. There are tax and income...
Read MoreA Brief Overview of Philanthropic Vehicles
As you grow your wealth, you may find the desire to give back to others and support causes and organizations you believe in through philanthropic giving. Philanthropy often casts a broader net of giving over charity as it helps society...
Read MoreAdvanced Tax Planning Ideas: Tax Loss Harvesting & Ways to Quantify the Benefits
When you lose money on certain investments, you can typically claim the loss against other investments, and in some cases, you may even be able to claim all or a portion of the loss against regular income. Called tax-loss harvesting,...
Read More5 Year-End Tax Planning Questions to Ask Your Financial Professional
The average U.S. income tax rate stands at just over 13%—and if you're like many taxpayers, you're always looking for new tips and tricks to help reduce this percentage.1There are a number of different tax planning moves you can...
Read MoreEnduring Market Volatility With a Financial Plan
If you hope to retire soon and are concerned about what the future may hold for your investments, you are not alone. Inflation has many retirees and soon-to-be retirees worried about outliving their savings and investments.1 What...
Read MoreA Quick Guide to Estate Planning for Those With High Net Worth
Even if you never thought of yourself as especially wealthy, there may be a fair chance that you fall into the category of "high net worth individuals"—those who have liquid assets of $1 million or more.1 For many individuals who...
Read More5 Helpful Halloween Tricks to Navigating a Scary Stock Market
Investing can be a roller coaster—and, when the market starts dropping, it may even feel more like a haunted house. With recession fears mounting, what can investors do to stay the course and escape unscathed? Here we discuss...
Read MoreInflation Reduction Act: What You Should Know
The Inflation Reduction Act, signed into law on August 16, 2022, includes health-care and energy-related provisions, a new corporate alternative minimum tax, and an excise tax on certain corporate stock buybacks. Additional funding is...
Read MoreTreat Yourself to These 5 Retirement Savings Tricks
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...
Read MoreHow to Minimize Taxes During Market Downturns
Market downturns could be a good time to adjust your fund portfolio to minimize the tax bite. Here’s how to calculate the best ways to do that – now and in the future.Taxable accounts you hold longer than a year incur...
Read MoreUnderstanding Tax Loss Harvesting
What is Tax Loss Harvesting?When investments in taxable accounts do not perform as hoped and actually lose value, investors may be able to take advantage of tax benefits to help offset their losses. The concept of tax loss harvesting...
Read MoreNow Might Be a Good Time for a Roth Conversion
One silver lining in the current bear market is that this could be a good time to convert assets from a traditional IRA to a Roth IRA. Converted assets are subject to federal income tax in the year of conversion, which might be a...
Read MoreShould Investors Care at All When a Stock Splits?
Remember the words of Yogi Berra when a company splits its stock.The summer of 2022 could be known as the Summer of Stock Splits, as several high-profile companies have either split their stock or announced their intention to split....
Read MoreIntroduction to Designing and Managing an Investment Portfolio
IntroductionOnce you've identified your financial and investment goals and assessed your investing personality, you'll need to create an investment portfolio that fits your needs and understand what's involved in managing that...
Read More4 Tips and Resources to Help Seniors During Periods of High Inflation and Market Volatility
In 2022, U.S. inflation hit a 40-year high, with prices for food, housing, gasoline, and other key staples increasing by nearly 10% over the previous year.1 During these uncertain times, stocks have continued a roller-coaster ride...
Read More5 Ways to Improve Your Financial Awareness
Regardless of what you do or how much you earn, you deal with money on a daily basis. The more you understand about finances, the more effectively you will be able to manage yours.Yet, many people lack financial literacy skills. One...
Read MoreTax-Advantaged Ways to Save for College
In the college savings game, all strategies aren't created equal. The best savings vehicles offer special tax advantages if the funds are used to pay for college. Tax-advantaged strategies are important because over time, you can...
Read More3 Golf Tips to Keep Your Retirement Plan on Course
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...
Read More4 Practices to Avoid in Tax Aware Investing
Tax aware investing focuses on optimizing your returns by reducing your tax liability as much as possible. In theory, this investment strategy has the potential to help you earn more money on your investments, but you need to be aware...
Read More401k Planning: 5 Questions to Ask
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...
Read MoreHow Financial Asset Management May Help Investors Stay the Course
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...
Read MoreManaging Your Retirement Plan When Switching Jobs
Changing jobs can impact your retirement plan. To minimize disruptions to your contributions and the vested portion of your previous employer’s contributions, it’s important to understand the choices you may have when you...
Read More4 Economic Benefits of Homeownership
Even though housing prices throughout much of the U.S. are at or near all-time highs, there are still many distinct financial advantages to owning a home.1 From tax benefits to capital gains exclusions and guaranteed rates of return,...
Read MoreFive Things to Do Before Meeting With an Advisor
Americans' financial lives are increasingly complex. It's not unusual to have checking and savings accounts, a 401(k), IRAs, and other personal investments. Keeping track of all your savings and investments has prompted many...
Read MoreRequired Distributions: Changes You Need to Know
The Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019 changed the rules for taking distributions from retirement accounts inherited after 2019. The so-called 10-year rule generally requires inherited accounts...
Read More6 Essential Tips for Retirement Planning
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...
Read MoreFive Things to Know About Investing in a Guided Wealth Portfolio
Guided wealth portfolios (GWPs) are designed to provide a diversified, customized portfolio that's tailored to your investment needs. With a GWP, you won't need to track how the market's moving or decide whether to rebalance—your...
Read More6 Mental Health Tips for Investors
Investing is stressful. It takes sound mental decisions to weather the ups and downs that come with the markets and investing in general. Whether you are managing your financial portfolio or making investments on the side, staying...
Read More4 Key Investments You Should Consider as a Small-Business Owner
As a small-business owner, you may be looking for the next big thing—an investment that might double your profits within the next year or allow you to maintain your income while working just a few hours a week. However, business...
Read MoreInvest in Your Financial Education During Financial Literacy Month
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,
Read MoreWhat to Know About IRA Investing
Although it's not hard to find doom-and-gloom articles that bemoan many Americans' lack of preparation for retirement, these don't tell the whole story. One in three adults save for retirement outside their 401(k) in a traditional or Roth
Read MoreIdentify Your Personal Retirement Goals
Ask yourself, "What will my golden years hold for me?" Is the answer a comfortable home near a golf course? Free time to spend with your grandchildren? Or even a cross-country journey or trip around the world?
Read MoreFinancial Planning Tips for Small Business Owners
When you're a small business owner, you need to pay extra careful attention to both your business and personal finances. Your financial planning strategies should simultaneously encourage the success of your business while also working
Read MoreFinancial Planning Tips for High-Earning Women
When it comes to saving for retirement, women may have extra challenges, even those with a higher-than-average income. For retirement planning, CNBC reports that women save less than men.
Read MoreTips You Can Use for the Credit Card Blues
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 that
Read MoreHow to Recognize and Protect Yourself Against Tax Identity Theft
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Tax Prep Checklist: Everything You Need to Be Ready for Tax Season
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