A home mortgage is one of the most substantial debts that individuals carry. It can be tempting to pay off your mortgage early if you have the funds available, which can lead many individuals to...
If I inherited an IRA, do I have to cash out? What is the 10-year rule?
An individual retirement arrangement (IRA), or more commonly referred to as an “individual retirement account,” is a tax-deferred investment account that helps you save for retirement. Tax laws that...
What factors affect the timing of when I should begin collecting my social security benefits?
Most people currently qualify to begin claiming their Social Security benefits as early as age 62 or as late as age 70. Exceptions to this include disability, a deceased spouse, or an inadequate...
Wealth Management Q&As
Wealth Management is more than investment management. It considers the larger picture. While your investments are critical to your success throughout retirement, it is also important to understand how your taxes, finanical plan, estate, and insurance can affect both your overall situation. Do you know when you should begin collecting social security to maximize its benefit? Have you followed the necessary steps to help your assets pass efficiently to your heirs, avoiding probate? If 529 plans are applicable to you, have you considered 529 plan superfunding or how to maximize 529 plan tax advantages? Our wealth management Q&As consist of popular topics among our clients and are not limited to investment management.