IRA to ROTH IRA Conversions Each year, we recommend that our clients consider converting money from an IRA to a Roth IRA. Because of our national debt, we believe that taxes will need to be raised in the future, and tax brackets will correspondingly be worse. If you...

Buying a home is one of life's most significant milestones. Whether you are buying your first home or have been through this process before, there are a few budgeting tips that we want to address. These tips can help you prevent surprises and stay on track so you can...

Planning for your future retirement income needs is one of the most challenging financial tasks you will face. There is a lot of uncertainty surrounding the future of the economy, as well as your potential life expectancy. Some factors, such as market performance,...

Health Insurance Open Enrollment: Summit Health Services is now offering appointments to review any health insurance questions you may have. They can quote a large number of available options to make sure you have the best plan for your specific needs. Call us today...

Every profession has designations that reward hard work and dedication. For example, personal accountants often pursue their Certified Public Accountant (CPA) designation. In our industry, one such designation is the CERTIFIED FINANCIAL PLANNER™ certification. The...

In the past, annuities have earned a harsh reputation. This is due to untrustworthy salespeople pushing products on investors in order to simply earn a commission. As fiduciaries, we are required by law to do what is in the best interest of the client, regardless of...

Update on TD Ameritrade to Charles Schwab Conversion The transition finally occurred this month! Please note you will receive a statement from TD Ameritrade this month showing a zero balance with a transfer out, and then you'll see a Schwab statement showing a...

My wife and I always had a trip to Italy at the very top of our bucket list. We finally made our dream of exploring Italy a reality this past summer. The trip lived up to every expectation; we learned a lot about the country and ourselves along the way. However, we...

Update on TD Ameritrade to Charles Schwab Conversion Since Charles Schwab announced the merger with TD Ameritrade on November 25, 2019, we have communicated the many stages of this process. We have reached the final stage where the transition of your account from TD...

Long-Term Care is the need of professional assistance to perform regular activities of daily living. There are 6 activities of daily living (ADLs) that could qualify an individual for Long-Term Care (LTC) services, including needing assistance with eating,...

Ever since the COVID-19 pandemic, millions of borrowers have had their student loan payments deferred. The loans have been frozen to the extent that no payments were due, no late fees have been applied, and no interest has been accrued over the past few years. The...

Choosing who to list as the beneficiary on your qualified retirement account is a huge decision. While the decision is ultimately the owner’s, we have a few pieces of information to share that may influence that decision. This blog post is geared towards revealing...

Not every company is publicly traded, so you may not easily be able to buy shares of their stock.  A company must go through a process called an Initial Public Offering, or IPO, if they want their shares to be publicly traded.   Most companies decide to go public when...

Update on TD Ameritrade Since Charles Schwab announced the merger with TD Ameritrade on November 25, 2019, we have communicated to you the many stages of this process. We are approaching the final stage, where the transition of your account from TD Ameritrade to the...

A college education is a significant financial decision that can greatly impact the lives of individuals and their children. It has long been regarded as the key to a successful future, but the rising costs associated with higher education necessitate careful...