While estate planning often feels like a daunting task we'd rather postpone, there's one surprisingly simple action you can take right now that costs nothing but provides immense value and peace of mind.
What is a Backdoor Roth IRA and Who Should Use One?
For many high-income earners, IRS income limits prevent direct contributions to Roth IRA accounts. Enter the backdoor Roth IRA – not a special type of account, but rather a perfectly legal transaction sequence that helps higher earners access Roth IRA benefits despite income restrictions. Here’s how it works…
Data for Sale: Tips to Help Protect Your Private Information
We have recently shared a blog on this topic before, but it’s something we can’t stress enough—keeping your data safe is more important than ever. Cyber threats are constantly evolving, and even the most cautious individuals and businesses can fall victim to security breaches. That’s why we’re revisiting this crucial subject with fresh insights and practical tips to help you stay ahead of potential risks.
6 Things to Know About How the New 529 to Roth IRA Transfer Rule Works
A new rule starting in 2024 opens up exciting opportunities for 529 account holders looking to boost their retirement savings. With this change, you can now transfer funds to your Roth IRA under certain conditions, bypassing some of the usual restrictions. Ready to learn more? Read on about how this could benefit you and your family’s future…
Money, Love and Partnership: Finding Balance in Your Relationship
In my experience working with thousands of couples on financial matters, I have found that true partnership in managing personal finances is a rarity. Most couples struggle with differing levels of aptitude, education, interest, and natural talent when it comes to money management. This imbalance often shapes how financial decisions and responsibilities are divided within the relationship.
Will You Need Long-Term Care? Here's What You Need to Know
Statistically speaking, 7 out of 10 Americans will need some type of long-term care in their lifetime - that might sound alarming, but understanding your options can help you prepare confidently for the future. In our latest blog post, we break down the real costs of long-term care and explore practical strategies to protect yourself and your loved ones, from insurance options to self-funding approaches.
Spring: The True Season of New Beginnings
When the clock hits midnight on January 1st, many of us are quick to declare our resolutions. We dive headfirst into the year with lofty goals, fueled by the idea that a new calendar year signifies a clean slate. But let’s be honest: January is often cold, dark, and sluggish—a time when the world feels more inclined to hibernate than to thrive. Perhaps we've been looking for new beginnings in the wrong place.
The Power of Flexibility: Goals You Can Stick With—Even When Life Gets in the Way
Setting big goals is exciting, but life has a way of throwing us off course before we even get started. Whether it’s getting sick, missing a week, or simply losing momentum, those setbacks can make us feel like we’ve failed. But what if you could set goals that adapt to life’s interruptions instead of falling apart when things don’t go as planned? Here’s a new approach to goal-setting that lets you stay on track—even when life gets in the way—so you can actually achieve your goals this year.
