Retirement
These Tax Code Changes Could Affect Your Retirement Accounts This Year
Today, I’m going to step away from my work focusing on markets and investments to talk to you about something that will likely impact many of you. As a Certified Financial Planner, CFPⓇ I keep my eye on any major developments in the planning world, just in case something comes along that I think you…
Read MorePassive Investing May Be Harming You More Than Helping
It’s no secret that passive index funds and ETFs have been gathering the bulk of asset flows for several years. In 2021 alone, passive funds assets increased by 35.9% and reached $20.87 trillion (as of June 30). Blackrock, Vanguard, and State Street hold the bulk of these assets. Passive funds are, by definition, designed to…
Read More5 Ways to Reduce Taxes During Retirement
When it comes to managing your retirement income, you want to consider every possibility. No one wants to get caught off-guard during what could be a very relaxing, even luxurious time in your life. Everyone deserves to enjoy their well-earned retirement income, which is why you need to be careful when it comes to managing…
Read MoreProtecting Your 401K From Market Volatility
Recent drops in the Dow Jones Industrial Average have some investors, especially those nearing retirement age, feeling stressed. As usual, the mainstream news isn’t helping. A quick search of the headlines reveals dozens of “scare tactic” phrases such as “Stock Market Misery,” “Economic Slowdown,” and “Deepest Plunge Since October.” As you already know, acting out…
Read More7 Questions You Need to Ask Before Hiring an Advisor
As an individual investor, if you’ve reached the point where you feel ready to hire your first financial advisor, you’re going to want to prepare a list of questions in order to evaluate possible candidates. Each investor is different, and your specific needs are going to be unique to you. These questions will help you…
Read MoreThe Retirement Fiduciary Rule is Dead: What this Means For You
The term Fiduciary is defined as: “A person who holds a legal or ethical relationship of trust with one or more parties.” This was the aim of the DOL’s “Fiduciary Rule”, which aimed to standardize the way retirement brokers and advisors interacted with clients. The rule was originally scheduled to phase in over the course…
Read MoreChoosing the Best Financial Advisor: 3 Common Mistakes to Avoid
Navigating the world of financial advisors can be intimidating at first glance. There’s dozens of search platforms to choose from, and each one tends to turn up different results. Unless you’ve got a close friend or family member with experience, you’re basically on your own, with way too many options to pick between. Whether or…
Read MoreSo Many People Miss Out On These Big Gains
Your 401(k), 403(b), or 457 plan might be the biggest, most important asset you have. The one that could have the greatest impact on your family’s future wealth. It’s an asset that has the highest growth potential. That’s because these accounts grow on a tax deferred basis, so you’re not paying taxes on the growth…
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