Mar 10What Not to Include in Your Will | Senior Finance AdvisorAs you get older, it is important to start thinking about your will. This document will dictate how your estate is distributed after you die. While there are many things to consider when writing a will, there are also some things that you should avoid. …Will3 min read
Jan 272022 Tax Updates You Need to KnowDid you know that the tax code is updated every year? In 2022, there are several changes that taxpayers need to be aware of. For example, the deadline for filing taxes has been extended to October 15th due to the ongoing COVID-19 pandemic, and there are new deductions and credits…Taxes4 min read
Nov 30, 2021Best Financial Resources for People with DisabilitiesLiving with a disability is hard in countless ways. Often, those who are disabled face economic insecurity due to an inability to work and expensive medical bills. There are financial assistance options available, though. Use this guide to know your options. Supplemental Nutrition Assistance Program (SNAP) Most commonly known as SNAP, the Supplemental Nutrition Assistance…Disability Resources2 min read
May 20, 2021How to Stop Emotionally SpendingEmotional spending is the act of spending money on things that you don’t necessarily need, because the items or act of spending makes you feel good. Sometimes, we emotionally spend because something stressful is going on in our lives, like job difficulties, a divorce, etc. Other times, it’s used a…Money3 min read
Mar 25, 20214 Things to Look For in a Registered Investment AdvisorA Registered Investment Advisor (RIA) is a financial firm that provides their clients with best-in-class financial advice. They are advisors who have a fiduciary duty to act in their client’s financial best interests and can help parse through a client’s individual situation to determine the best course of action. What Is an RIA? An…Registered Investment4 min read
Mar 25, 2021Why Pulling From Retirement Accounts Early Will Cost You In The Long RunWhen money is tight, it can be tempting to want to pull out money from retirement accounts. When retirement seems far away and you need the money now, withdrawing from your accounts early may seem like the right decision. …Retirement Planning3 min read
Feb 23, 20215 Steps to Help Get Out of Debt Before RetirementPrioritizing saving overspending will help you get the retirement you’re after. But, what if you’re already in debt and are now planning out your retirement? Here are some steps to help get out of debt before retirement. Create a budget ‘Budget’ doesn’t have to be a four-letter word. It’s one of the best…Retirement3 min read
Dec 2, 2020What Are the Distribution Rules for an Inherited IRA?An inherited RIA requires you to take annual distributions no matter your age, but there are different rules depending on your relationship to the late account holder and how old they were when they passed. We break down some of your options. Your options when you inherit an IRA from your spouse There are several options for you if you…Ira3 min read
Nov 25, 2020How to Save Money Around the HolidaysHolidays look a little different this year, but that doesn’t mean you can’t stick to your budget. Every year the increase in only holiday shopping increases, but this year it’s expected to increase by unprecedented amounts. Due to COVID-19 and statewide restrictions, many are choosing to shop online this year…Holidays3 min read
Oct 28, 2020What Should I Take Care of Before I Die?No one likes thinking about end-of-life situations, but it’s essential to take care of some necessary items to make things easier on your family when you die. It will save a lot of heartache and time on your loved one’s part if you have everything in line. Have a will in place and update it accordingly Making a will…Retirement3 min read