Congress recently passed the Setting Every Community Up for Retirement Enhancement, or SECURE Act. The bill marks some of the most significant changes to retirement policy in more than a decade. Continue reading
Congress Passes SECURE Act
Financial Tips
4 Avoidable Financial Errors for Millennials & Gen X
First off, lets clarify any confusion between the terms Gen X and Millennials. Generation X is currently age 40 to 54 (born between 1965 and 1979). Millennials (also known as Generation Y) are currently age 24 to 39 (born between 1980 and 1995). Continue reading
When a Corporate Trustee Makes Sense
In 2014, Wells Fargo published the findings of a study that focused on how American families communicate about personal finance. They discovered that money is harder for families to talk about than death! Continue reading
New Rules Benefit 529 College Savings Plans
The Tax Cuts and Jobs Act includes a provision to now allow 529 Plans to be used for private elementary and high school expenses, rather than just college related expenses. The new rules are a treat for both parents and grandparents looking for a better way to pay for private educational costs. Continue reading
Pathway to Wealth for Gen X and Millennials (and Gen Z)
Pathway® is a financial planning and investment program focused on early and mid-career professionals. Planning for this demographic is crucial, given working professionals experience major life events so frequently. Continue reading
Event + Reaction = Outcome
Jack Cranefield (author of The Success Principles) believes that highly successful people are particularly capable of influencing outcomes by controlling their own reactions to events, rather than controlling the events themselves. And I think he’s on to something! Continue reading
Captain Obvious
So, here we are just barely 8 weeks into the new year and stocks have been on fire. Some of our all-equity portfolios are up over +13% year-to-date. The S&P 500 is up almost 11% thus far. At the risk of sounding like “Captain Obvious”, I’m going to say this trajectory of returns is probably unsustainable throughout 2019. Continue reading
2019 Planning: Changes to Retirement Plan Limits, Medicare, and Social Security
As 2019 is underway, it’s important to review changes that impact investors – both accumulators and retirees. For those who are still working, the IRS recently released contribution adjustments for retirement accounts, like 401(k) plans and IRAs. Continue reading
Medicare Open Enrollment – Coming Soon!
We are quickly approaching the annual Open Enrollment period for Medicare. Open Enrollment begins October 15th and ends December 7th. It is an important time to review both your current Medicare Part B supplement plan (i.e. “Medigap”) and Part D prescription drug coverage. Continue reading
Social Security Part 6: When to File and Remaining Strategies
Over the last several months, we’ve covered the ins and outs of Social Security. In this final post for our blog series we’re discussing the decision on when to file for benefits. Continue reading