Biden’s Loan Forgiveness Missed the Mark
Some of our Washington representatives have stated that the Administration’s decision to wipe away debt for six-figure earners goes too far, without actually addressing the root causes of our college affordability crisis.
Is A Bear Market Your Trash or Treasure?
Bear markets typically conjure up negative thoughts and negative investor sentiment. But for some, they actually pose an opportunity for future growth.
The Bipartisan Lankford-Bennet Bill May Help Americans Save
The high cost of gasoline, groceries and health care are competing for consumer’s dollars and unfortunately saving for retirement is getting the short end of the stick.
Should You Give or Lend?
The IRS views gifts and loans differently for tax and gifting purposes and you need to understand the difference before writing that check.
Inflation or Recession – Which is Worse?
Lately, it’s hard to watch the news or go online without seeing two popular buzzwords being tossed about – inflation and recession. Many ask, which one is worse? How worried should I be? Or even – what do they mean and how are they different?
10% Social Security COLA in 2023? We Will See!
Once in a while, times like this offer us a glimmer of hope – a silver lining, if you will. And right now, that silver lining is in the form of a potentially impressive COLA on Social Security benefit.
Are You Tapping Your Pandemic Savings to Cope with Inflation?
We’re seeing families having to draw on their savings, which includes money from the child tax credit as well as pre-pandemic savings, to combat higher costs on gas, food, healthcare and more, especially because wage gains are not keeping up.
Estate and Gift Taxes – Here’s What You Need to Know
These are just a few of many considerations when planning your legacy, but it’s key to have a plan – and then keep it current.
Kids and Money . . . It’s Up to You & Me
Why is it so important for parents to teach their kids financial literacy? A 2022 study by Fidelity discovered that roughly 72% of the teens say they have “no knowledge about trading stocks and ETFs.” And almost half the 13- to 17-year-olds surveyed said that investing “feels out of reach” for them.
Is There a Magic Bullet for Retirement?
For almost three decades, the 4% rule has often been used as the rule of thumb for retirees in determining their withdrawal rate. But considering today’s market and economic conditions, can retirees really rely on this old standby to guarantee they won’t run out of money?