Helping the High School Graduating Class of 2022 Remember HIPPA kicks in now that your senior is considered an adult The spring ritual of high school graduations is here. But graduates and their parents often are poorly prepared to meet the practicalities of the youngsters’ sudden entry into adulthood, from making medical [...]
Understanding the Roth 401k vs Traditional Unbeknownst to many investors, companies have the option of offering their employees a new different type of tax-advantaged retirement plan: the Roth 401(k). Not all sponsors of traditional 401(k)s have adopted the Roth feature, but it is not too early to consider whether contributing after-tax dollars [...]
How 529 College Plans Impact Financial Aid If you are worried about being able to afford college costs for your children or teens, a 529 education plan might be one way to boost your savings. These plans allow you to save and invest for college while perhaps enjoying tax advantages now and [...]
The Basics of the 401k - Thoughts from a Financial Professional Most often, the first question a prospective employee will ask is about your company’s benefit program. And in my experience, the two most often-asked questions are about health insurance and an employer-sponsored retirement program. Let’s examine the most common employer-sponsored retirement [...]
Dear Valued Investor, As we move into spring and leave behind the last signs of a long winter, many worries from a chilly start to the year for markets, unfortunately, are still with us. The S&P 500 Index had its worst April in more than 40 years, leaving the index down over [...]
April 28th - An Attractive Entry Point Dear Valued Client, It has been a turbulent 2022 so far for investors. The S&P 500 Index is on track for its worst April in more than 40 years, the Nasdaq entered a bear market on April 26 with its more than 20% decline, and [...]
Estate Planning for Everyone Have you every wondered how estate planning might fit into your overall, future plans? Even if you are just starting to build your estate and do not need complex estate planning, here’s a quick look at some steps you should consider taking in order to help prepare your [...]
Crossing the Bridge to a Satisfying Retirement One of the more important—and hopefully enjoyable—events you will face in life is retirement. After spending many years building your career, you have likely accumulated a comfortable nest egg. If you have reached a point where retirement is the next big step, you need to [...]
The Great Resignation Whether it is the prevalence of hiring signs throughout the country or the changes in business hours due to lack of staff, the ever-evolving workforce is becoming more and more apparent with each passing season. Businesses are trying everything from pitching better pay to improved benefits to signing bonuses, [...]
3 Moments in Life Where You Should Consider Consulting a Financial Professional If you've ever wondered why so many lottery winners (an estimated 70 percent) seem to blow through all their winnings so quickly, the answer often lies in two key traits: overconfidence and trusting the wrong people.1 The same holds true [...]
CONNECT WITH BOB