News Category: Financial Advisory Services

Image of people getting financial advice
October 18, 2024

IRA Withdrawals that Escape the 10% Tax Penalty

The reason withdrawals from a Traditional Individual Retirement Account (IRA) prior to age 59½ are generally subject to a 10% tax penalty is that policymakers wanted to create a disincentive to use these savings for anything other than retirement.1 Yet, … Read more…

Image of a small toy house on top of a foundation of dollars and coins
September 19, 2024

Building a Solid Financial Foundation

When you read about money matters, you may see the phrase, “getting your financial house in order.” What exactly does that mean? To some, when your financial “house is in order,” it means it is built on a solid foundation. … Read more…

Image of the top part of social security cards
September 13, 2024

Three Key Questions to Answer Before Taking Social Security

Social Security is a critical component of the retirement financial strategy for many Americans, so before you begin taking it, you should consider three important questions. The answers may affect whether you make the most of this retirement income source. … Read more…

Image of a next with a white egg in it that says '401k'
August 23, 2024

Should You Borrow from Your 401(k)?

The average household with revolving credit card debt had a balance of $7,876 as of March 2023. For the average household carrying credit card debt, this will equate to an annual interest of $1,380. With the average credit card annual … Read more…

Image of people at a desk looking over estate documents
August 6, 2024

Critical Estate Documents

Financial Documents   Joint Ownership Durable Power of Attorney Living Trust What does it do? Enables you to own property jointly with another person Authorizes someone to handle legal and financial decisions if you become incapacitated Holds your belongings until … Read more…

Image of a kid putting a coin into a piggy bank
July 30, 2024

Roth IRA for Kids

Small business owners may find it challenging to find ways to provide additional benefits to their children who work for the company. One often overlooked choice is including a Roth individual retirement account (IRA) as part of their compensation, a … Read more…

Image of a desk with blocks that say 'IRA' '401k' and 'ROTH'
July 26, 2024

Choosing a Retirement Plan that Fits Your Business

If you have yet to develop a retirement plan for your business, or if you’re not sure the plan you’ve chosen is the right one, here are some things to consider. How much can my business afford to contribute? The … Read more…

Image of retirees holding a piggy bank
May 9, 2024

Generating income in a volatile, rising rate environment for retirees.

For the past 80+ years, investors have typically looked at bonds as a safe haven in their portfolio.  There was an ideal that bonds and stocks move in opposite directions, and that bonds will never experience the same magnitude of … Read more…

Image of a team making strategic decisions
March 18, 2024

Emotional vs. Strategic Decisions

Information vs. instinct. When it comes to investing, many people believe they have a “knack” for choosing good investments. But what exactly is that “knack” based on? The fact is, the choices we make with our assets can be strongly … Read more…

March 11, 2024

Eight Mistakes That Can Upend Your Retirement

Pursuing your retirement dreams is challenging enough without making some common, and very avoidable, mistakes. Here are eight big mistakes to steer clear of, if possible. The content is developed from sources believed to be providing accurate information. The information … Read more…

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