As individuals progress through retirement, the possibility of needing long-term care becomes an important consideration. Long-term care refers to assistance and support required by individuals with chronic illnesses, disabilities, or cognitive impairments that hinder...
What does it take to be wealthy? While each person may have a different financial threshold in mind, most people have a similar mental picture of what wealthy looks like. They see a fancy home, nice cars, and lavish vacations enjoyed by someone who sold their company...
!!!Editor’s Note!!! If you’re like most people, your eyes glaze over and you almost instantaneously fall asleep as soon as anyone begins discussing anything as boring as health savings accounts! We don’t blame you. Saving for healthcare costs isn’t something most...
March 2023 has seen the start (and hopefully the end?) of a financial industry crisis that has captivated Wall Street and many Americans. It all started on Wednesday, March 8th when Silicon Valley Bank in Santa Clara, CA announced it needed to raise capital to shore...
Mutual funds have long provided a simple way for Americans to diversify their assets and invest for the future. While there are historical examples of pooled investments throughout history, modern mutual funds can trace their roots back to 1924 when the oldest still...
The SECURE Act 2.0 is the newest of recent tax law changes, and it provides opportunities for many families. Beginning with the Tax Cuts and Jobs Act, otherwise known as “Trump Tax Reform” that was passed at the end of 2017, Americans have seen significant new tax...
Many Americans look forward to the day when they can apply for Medicare as their primary health insurance. While Medicare is typically affordable for most participants, families with high incomes are often met by an unwelcome surprise when they realize that Medicare...
Families who are creating a legacy through charitable giving often question whether they are using the most effective approach to fund their charitable goals. Cash is one of the most common ways to make gifts and often occurs by default when a collection bucket is...
For many Americans, saving for retirement is a top priority and ensuring that retirement savings accumulate in the most tax advantaged way is an important step in achieving the retirement of their dreams. For decades, Roth IRA accounts have provided a tax-free option...
