Tips for Your Year-End Financial Review As 2016 comes to a close, it is important that you do not forget your year-end financial review in the shuffle. At the end of the year, it is important to review your budget, investments, and financial goals. In this article, we will outline some financial steps you [...]
Basic Tax Terminology You Should Know Tax forms are complicated and hard to understand. The unfamiliar terms they use can make it even more complicated. In this article, we will go over basic tax terminology that you should know. These terms will help you better understand your tax return and how [...]
Purchasing Life Insurance If you are on the hunt for purchasing life insurance, there are a few things you should know. We will go over some factors that you should keep in mind while you are shopping around for a policy. 1. Life Insurance is Not an Investment Product, it is a Risk Management [...]
DIY Estate Planning We live in a DIY (Do it Yourself) world. With so much information at our fingertips, we can learn how to fix our dishwasher, build a patio, or learn a new computer software, all for free. Many even use such information to do their own estate planning. However, this can [...]
1099s: The Basics 1099s are forms that show how much income you have earned over the year. These forms document income received from sources other than an employer. There are numerous different kinds of 1099s, all for types of alternative income. In this article, we will go over the most common 1099s and why [...]
You’re Paying Too Much in Advisory Fees When you open or transfer an account with an advisor, you expect your money to grow, not eaten away by advisory fees. Sadly, this happens to most investors without them even realizing it. The best way to prevent yourself from becoming a victim of excessive advisory [...]
Riders: Another Form of Coverage Riders are additional benefits you can add to your life insurance policy. These riders provide coverage not normally provided by your standard life insurance policy. Typically, these riders will come with an additional cost. There are several different kinds of riders. What riders are offered and their specific terms [...]
Celebrities are People Too More than half of the American population does not have any type of estate planning documents in place. This can lead to probate nightmares! Celebrities are not exempt from this list. Despite their immense wealth, may celebrities have failed to put in place an estate plan, leaving an expensive mess [...]
Preparing for Retirement There is so much you must prepare for as you near retirement. You need to make sure you have enough saved in various retirement accounts, figure out the best time for you to file for social security, decide where you want to live, learn about Medicare and your different health insurance [...]
IRAs (Individual Retirement Accounts) If you are looking to start an Individual Retirement Account you may be wondering where to start. The two main types of IRA accounts are Traditional and Roth. This article will explore the differences between the two types of IRAs so you can choose which works best for you. Tax [...]
