Category: Financial Planning

What are NFTs? Why were they used to buy the artist Beeple’s work Everydays: The First 5000 Days at a recent Christie’s auction for $69,346,250? The answer is both simple and complicated. […]

The Social Security Administration typically updates key numbers for the upcoming year in the fall. One of the key numbers for retirees is the cost-of-living change: A 1.3% increase will […]

Despite all the gridlock in Washington, as well as an impeachment, the SECURE Act is poised to pass through Congress and be signed into law. It changes a number of […]

Surprising mortgage watchers, the Federal Housing Finance Agency will allow Fannie Mae and Freddie Mac to use VantageScore as an alternative to the FICO credit scoring model. How will this […]

What is a Simple IRA?  If you’re a business owner, you may have already heard this term before.  A Simple IRA is a retirement plan allowed for by the tax […]

What happens if Medicare isn’t yet applicable and the parents can’t pay for their own care? If a patient can’t pay for care received in such a situation, filial responsibility […]

Sadly, a large percentage of people — most notably, the baby-boom generation (1946-1964) — have made some monumental retirement mistakes. If they had come to us earlier, seeking retirement advice, […]

Long-debated rules were supposed to go into effect to require your financial advisor to act in your best interests when advising you on your 401(k) and individual retirement account. However, […]

Don’t just pick anyone who calls himself a “financial planner.” Make sure you search for a Certified Financial Planner, a badge of achievement awarded by the Certified Financial Planner Board […]

Annuities are financial products sold by insurance companies that allow you to put aside money, have it increase each year without paying taxes and then trigger a stream of future […]

The term “distributions” refers to money withdrawn from a retirement plan. Generally, traditional IRA and 401(k) account holders are eligible to take penalty-free distributions at age 59 1/2, but the […]

Looking for a part-time job that can earn you income without taking up too much time? Consider investing in a rental property and hiring yourself as a landlord. You’ll manage […]