Who’s on First?
Now, new laws involving taxes always come with some questions, but usually the IRS clears these up promptly. But in the case of the SECURE Act, it seemed like the IRS was floundering for answers, leaving many at risk of paying penalties due to misinformation and in some cases, no information.
Finances Are Taking a Beating from Inflation
Folks, there’s no magical formula or strategy that will make us inflation-proof, and we all know that we can’t control the markets. But you can control to some degree what you spend and save.
Our Fears Change as We Age
A new survey from asset management firm, Schroeders, indicates that Americans nearing retirement are often struck with fear over their ability to maintain an adequate income after they retire₁.
Recession? What Recession?
You’re probably asking, are we or are we not in a recession? Well, believe it or not, this past summer a group of politicians, economists and market professionals actually engaged in debate of semantics over whether or not the U.S. economy was in recession.
Kids Need Real Life Skills Before They Leave Home
Our youth, our future, need to understand these financial basics before they can reach the next level– starting to invest. Unfortunately, financial and investing basics are woefully under-taught in schools these days, so it’s our job as parents to be proactive in educating them on this critical life skill.
Hey Massachusetts, How About a Tax Refund!
It’s been said, “A penny found is better than a penny earned – because a penny earned is taxed”. I can’t argue with that. But how about if it’s in the form of a tax refund?
The Marriage Penalty, It’s Real!
While I am in no way suggesting that older couples should get divorced merely for this reason, it is important that you understand how our federal systems treat married couples financially so you can factor this into your retirement planning.
Active Versus Passive Investing – And All That Other Jargon
What is the best strategy for investing? What is buy-and-hold? What is the Rule of 72? What is the Rule of 100? What is day-trading? Should I try and time the market? Do I have too much at risk?
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.