We believe the recent high inflation has caused many individuals and families to struggle to pay their monthly bills. If you’re also looking for ways to boost your income, check out our recent blog post on Increasing Monthly Income This blog entry will focus on...
Recent Bank Failure: What Happened and Why? This month, we unfortunately had another bank failure brewing. It was announced that First Republic Bank was seized by regulators, and the bulk of the assets were purchased by JPMorgan, thankfully avoiding another major...
Qualified Dividends receive preferential tax treatment as they are taxed as capital gains, provided they meet certain requirements. Non-Qualified Dividends do not receive any additional tax benefit and are taxed as ordinary income. The majority of dividends that are...
Retirement Planning Done Right: Work with a Fiduciary | Analyze Your Portfolio | Strategies to Reduce Taxes written by our advisory staff here at Summit Financial Consulting, LLC. The Millionaire Next Door: The Surprising Secrets of America’s Wealthy written by...
We began utilizing our new research partnership in March. If you haven’t seen our previous update about our collaboration with the Sherman Group, LLC, please check the middle section of this article. Mixed Results in March, But April Could Be Sunny We...
The main two types of debt are Secured and Unsecured. The interest rate received, and the tax deductibility of the interest are two primary ways to evaluate the quality of debt. It can be hard to retire with a large amount of debt, so we typically recommend clients...
