Record Inflation: How to Prepare for Rising Costs

Record Inflation: How to Prepare for Rising Costs

We have continued to see a drastic increase in prices over the past couple of months, as the March Consumer Price Index report showed an annual increase of 8.50% and we just received April’s 8.30% report.   Is Inflation Peaking, or Could It Rebound? This slight...
Fiduciary vs. Financial Professional: What’s the Difference?

Fiduciary vs. Financial Professional: What’s the Difference?

The term Fiduciary has become more popular in recent years due to the latest changes in regulation. Dodd-Frank Act, SEC’s Regulation Best Interest, and DOL’s Fiduciary Rule are all examples of recent legislation attempts at defining the roles and responsibilities of...
Would You Benefit from a Roth IRA Conversion?

Would You Benefit from a Roth IRA Conversion?

Retirement income planning oftentimes includes a focus on limiting taxable consequences. A Traditional IRA or 401(k) provides pre-tax retirement savings, which trigger income taxes whenever a withdrawal is made. A Roth IRA provides after-tax savings that grow tax-free...
Understanding the Factors Behind Rising Gas Prices

Understanding the Factors Behind Rising Gas Prices

If you have been to the gas station lately then you most likely noticed the higher-than-normal cost to fill up your tank. Have you noticed other price increases in your grocery or utility bills? The COVID-19 pandemic required the federal government to provide massive...