A common dilemma when saving for retirement is deciding whether to contribute to a Roth or Traditional retirement account. One provides tax benefits now while the other provides benefits in the future. Ideally, you will utilize both of the course of your retirement saving years.
2022 had a lot of implications of our money. A volatile market, inflation, rising interest rates and more. With everything that occurred, the new year is the perfect time to review your retirement plans and familiarize yourself with several IRS changes such as tax bracket adjustments, social security increases, IRMAA adjustments and more.
The first half of 2022 has been a challenging one for many. Inflation, volatile stock markets, rising interest rates are just a few things that have been impacting peoples lives. The slower summer months are a great time to check in on your finances and review any adjustments that need to be made.
I-Bonds...where else can you get a 9.62% guaranteed return over a 6-month period!! Learn more about this government issued bond and the ways it may fit within your financial strategy.
Stock market declines are an unavoidable part of investing. Unfortunately, that does not make them any easier to handle when they occur. To get through this challenging and emotional times we must keep these 3 important principles in mind.
The beginning of a new year brings hope, optimism and a list of new year resolutions, many of which fizzle out after several weeks. Improving areas of our personal finances often falls at the top of the list of new year resolutions. Let's make 2022 the year that you stick to those goals and set yourself on the path toward a stronger financial future.