Financial Planning - The Big Picture for You and Your Family Do you picture yourself owning a new home...starting a business... or retiring comfortably? These are a few of the financial goals that may be important to you, and each comes with a price tag. That's where financial planning comes in. Financial planning is [...]
Capital Gains Tax Overview (for all investors) As an investor, you may be impacted by capital gains if you sell your investment – whether at a gain or loss. Understanding capital gains may help with your overall investment strategy and the potential to preserve your wealth. Below are a few insights into capital gains [...]
Do we have a Santa Claus rally in the making? The midterms produced mixed government, which we see as supportive to stocks due to political gridlock reducing the policy uncertainty that can weigh on market sentiment. We are also moving into a stage of the presidential cycle that has been historically supportive. Year three [...]
Erick, can I contribute to my 401k AND a Roth IRA? Yes, tax payers can max out their contributions to both 401ks and Roth IRAs, assuming their income threshold is below the amount that would prohibit contributing to the Roth. Filing Status 2022 or 2023 Income range Maximum Annual Contribution Married filing jointly [...]
Do Rising Interest Rates Impact US Debt? Congress—and in particular, the House of Representatives—is invested with the “power of the purse”; the ability to tax and spend public money for the national government. And spend they have. Total outstanding government debt currently stands at just over $31 trillion and that number will likely increase, regardless [...]
As college costs are expected to continue climbing, let me help you plan for your child's education expenses. Life insurance can be vital in helping you save college funds for your children. Whether you're there or not. I’ll help you determine how much you’ll need for your child’s education fund. Here are some benefits of [...]
After investing for 40 years, many people are tired and worn out from stock market “corrections”. They just don’t want to worry anymore. Some lucky people (teachers, firefighters, and police) have pensions that guarantee them income for life. What about the rest of us? Fortunately, we have options to consider. Did you know there [...]
Long-term care insurance coverage can help pay for home health care, nursing home costs, adult day care and other qualifying services. Benefits are paid tax-free after qualifying conditions are met.1 If you never need long-term care, your beneficiaries will receive your death benefit, tax-free. What does long-term care insurance cover? Long-term care insurance can help pay [...]
In the last several weeks, we have continued to face elevated uncertainty in financial markets due to high inflation and rising interest rates, and we thought it was an important time to take stock with the final quarter of 2022 just ahead. It has been a difficult year, not only for investors but also [...]
The cost of life insurance may be less expensive than most people think. One survey found that respondents consistently overestimated the cost of term life coverage, and that half of the population estimated the cost of life insurance at more than three-times the actual cost.1 So how much does life insurance really cost? That depends on the [...]
