The Required Minimum Distribution (RMD) is the amount that must be distributed from a traditional IRA account if you are age 70 ½ or older. As is the case with distributions from a tax-deferred retirement account, any money that Continue reading Donating to Charity? The RMD Charitable Tax Break is Now Permanent
Keeping your beneficiary information up to date is a critical part of your financial well-being. Life gets busy. We get it! But this is something that needs to be maintained. We recommend reviewing your listed beneficiaries at least once a Continue reading How Checking the Wrong Box Could Disinherit Your Beneficiaries
Budget creep happens when monthly expenses slowly go up over time, without it being noticed. Then, before you know it you’re paying much more for the same thing you’ve had for years. Or, perhaps the cost for a particular service Continue reading How to Save On Car Insurance and Pad Your Budget
One of the core tenets of a strong financial foundation is maintaining a healthy level of savings. Saving money isn’t always exciting, but a rainy-day fund is imperative to your financial health. It only takes one unexpected expense to topple Continue reading Are You Prepared? 6 Unexpected Costs That Require an Emergency Fund
There are so many financial ratios, it’s challenging to know which of them matter the most. Understanding a few of the most basic ratios will allow an investor to determine if additional scrutiny is warranted. Fortunately, all financial ratios use Continue reading Investor Talk: Financial Ratios and Why You Should Care
There are so many questions that beg for your attention in the investment world. How much investment risk are you willing to take? What should you be contributing to your 401(k)? What’s the difference between stocks, bonds, mutual funds, and Continue reading Inflation: The Quiet Assassin
Britons surprised the world on Thursday (6/25/2016) with a narrow but decisive vote of 52% to 48% to exit the European Union. Global financial markets have experienced an uptick in short-term volatility driven by the unexpected action. In response to Continue reading What Does Brexit Mean for the Financial Markets?
If you are in control of your finances and your debt, a credit card rewards program can be a great thing to leverage to your advantage. With that said, it’s important to be aware of the complete details of the Continue reading Looking at Credit Card Reward Programs? Ask These Questions First!
Do you have a favorite hobby that you spend time and money on? Maybe it’s hitting the local golf course, working on your Harley, traveling with friends, exploring museums, or expressing yourself through arts and crafts. Hobbies can be fun, Continue reading Beware the Hobby Monster