When planning your retirement income, limiting taxable consequences is a priority. A Traditional IRA or 401(k) provides pre-tax retirement savings, which trigger income taxes whenever a withdrawal is made. On the other hand, a Roth IRA offers after-tax savings that...

If you have been to the gas station lately, 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...

Please watch this video to receive an update on the stock market since Russia invaded Ukraine.  Please click on the expand button in the lower right-hand corner of the video (just to the left of the word "Vimeo" to watch it with full...

The largest portion of the United States population is Millennials, at over 72 million people strong, but only 17% of millennials own a home. However, many millennials want to buy a home, and, in many cases, that creates a bidding war that increases values....

Following a profitable 2021, the year 2022 started out with a thud. Fears about a Russian invasion of Ukraine combined with the Federal Reserve taking their foot off the gas pedal scared the markets. The tech-heavy Nasdaq dropped 8.98%, the Russell 2000 dropped 9.66%,...

Life insurance is a financial solution used to protect against unexpected loss of life. Life is extremely valuable, both emotionally and financially. There are a lot of concerns that can arise when someone unexpectedly passes away, but a life insurance policy can...

One of the lessons a child needs to learn in life is how to manage money. Largely in part to the lack of personal finance classes in schools, parents are increasingly asking how they can teach their children smart money habits. While personal finance courses are...

In many areas, the year 2021 provided both challenges and opportunities. In our market year-end review, we will highlight some noteworthy developments in the markets and the economy, as well as provide an outlook on what we anticipate for 2022. Interest Rates -...

The draft of the Build Back Better (BBB) bill approved by the House on November 19th has many potential benefits to the middle class, but it also creates tax laws that affect 401K, IRA, and Roth IRA, investors.  It has not been approved by the Senate or signed by...

Do you believe in Christmas miracles? The stock market seems to believe based on the seasonal trend at the turn of the new year. This seasonal event is referred to as the Santa Claus Rally. This term refers to the positive stock market performance observed after the...

Maybe you have heard of the phrase “Emergency Fund” before but don’t know exactly what it means. This article will outline the benefits of an emergency fund, how to create one, and why we believe COVID-19 stressed the significance of being financially prepared . An...

Unpacking Recent Stock Market Data Many factors are at play as we look to analyze recent stock market data. For example, in November, the Coronavirus Omicron variant caused a sell-off into month-end as investors were nervous about the travel restrictions and potential...

The infrastructure bill, which President Biden signed into law Monday, is being called a "once-in-a-generation" spending measure. So, what's inside this bill, and what will it cost? Infrastructure is often referred to as the foundation of our country. It includes...

Budgeting is the foundation of every successful financial plan. A budget helps you identify income and expense sources, allowing you to manage your cash flow accordingly. Budgeting aims to maximize your net cash flow by increasing your income sources or reducing...

You may have heard "Earnings Season" before and may not have known what or when this event occurred. Earnings Season refers to the time of the quarter when publicly traded companies release their financial statements and performance reports. The term "Earnings" refers...