Are Roth IRAs Really as Great as They’re Cracked Up to Be? by Edward F. Downey in Kiplinger
While a Roth IRA is an excellent tax strategy, that doesn’t mean you should underestimate the benefits of a traditional tax-deferred retirement account.
Category: Resource Center
SECURE 2.0 Act Changes 401(k), IRA, Roth, Other Retirement Plan Rules
The SECURE 2.0 Act makes major changes to retirement savings plans. Here's what you need to know.
5 Smart Financial Steps to Take During Summer as seen in U.S. News and World Report
If you find yourself indoors on a hot and humid afternoon, there are several little financial tasks that are worth completing. Here are five personal finance tasks that you should consider tackling in the heat of the summer.
10 Smart Steps to Minimize Taxes and Penalties on Your RMDs by Kimberly Lankford, Contributing Editor at Kiplinger
After you turn age 70½, you need to start taking required minimum distributions from your IRAs and 401(k)s every year. But the calculations and rules can be complicated, and you'll be hit with a penalty if you make a mistake.
5 Ways to Boost Your Financial Confidence by Calvin Geotz
To feel more confident in these, and other, financial choices, it's often recommended that you seek the advice of a financial advisor. A recent study by Fidelity Investments discovered that working with a financial advisor can add up to 4% higher investment returns. And a study by Vanguard estimated that the quantitative value of a financial advisor is about 3% on a net basis (4% minus 1% fee)
26 Ways the New Tax Law Will Affect Your Wallet (as seen in Kiplinger)
Do the pros and cons found in the 500-plus pages of legislative language add up to good news or bad news for your family's bottom line? …. Here's a look at key provisions of the new law that could affect everything from your family to your investments to your retirement planning…..
How to Choose a Financial Adviser: 6 Tips for Finding the Right One
If you’re not an expert in money matters, hiring a financial adviser to manage your money life can be a tough decision. It’s almost impossible to know every financial arena well, because they can be so specialized. Estate planning is completely different from picking the right investments, for example. Managing a portfolio is different from crafting a monthly budget.
4 Questions You Should Ask Your Prospective Financial Planner as seen in Forbes
Choosing to work with a financial planner is one of the biggest decisions many will face. The hard part is knowing what to look for in an advisor and firm.