Are You Spending Money to Keep Stuff You Don’t Need?
Did you know? More than 1 in 10 Americans lease a storage unit, with average prices around $165/month. Clearing out that space could create room in your budget for important financial goals.
Housing Market Trends: Are They Helping or Hurting the Economy?
With home values hitting a record high of $389,800, housing affordability has dropped to its lowest since 1985. Are you feeling the housing squeeze?
Due Date Approaches for 2023 Federal Income Tax Returns
Tax season is upon us! If you haven’t started gathering your documents for your 2023 tax return, now’s the time. We provide more details on filing extensions and due dates in this tip!
Tax Relief Legislation in Progress
The Tax Relief for American Families and Workers Act of 2024, recently passed by the House, could bring significant changes for parents and businesses. Highlights include potential increases to the child tax credit and accelerated business expense deductions. Stay tuned as the bill moves to the Senate!
Naming Your IRA Beneficiary – More Complicated Than You Might Expect
Planning your IRA beneficiary is crucial! Ensure your assets go where you intend them to. Periodically review your IRA beneficiaries to align with changing circumstances.
Trailblazers: Women Who Made Financial History
Celebrating Women’s History Month by honoring trailblazers in finance! Learn about the women who shattered glass ceilings and paved the way for future generations in investing, banking, and economics.
New Employee vs Independent Contractor Rule Effective March 11, 2024
The U.S. Department of Labor issues new rule on employee vs. independent contractor classification! Effective March 11, 2024, the six-factor test replaces the 2021 rule.
Individual Bonds vs. Bond Funds: What’s the Difference?
Individual bonds have set coupons and maturities, while funds pay distributions based on market conditions. Understanding these nuances can help you make informed investment decisions.
Beware of These Life Insurance Beneficiary Mistakes
Planning your life insurance beneficiaries? Watch out for these traps: not naming one, having it paid to your estate, naming a minor, or disqualifying a beneficiary from government assistance. Learn how to avoid unintended consequences
There’s Still Time to Contribute to an IRA for 2023
You have until your tax return due date, excluding extensions, to contribute up to $6,500 for 2023 ($7,500 if you were age 50 or older on December 31, 2023) to all IRAs combined. For most taxpayers, the contribution deadline for 2023 is April 15, 2024.