What IRS services are available online?
As part of the Inflation Reduction Act passed by Congress in August 2022, the Internal Revenue Service (“IRS”) recently released its plan for the nearly $80 billion in additional agency funding. A...
Am I having enough taxes withheld?
Filing your taxes can be a daunting task. This is especially true when you are not confident that you had enough taxes withheld from your paycheck throughout the year. If you have had too little...
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 financially related steps do I need to take after my wedding?
Wedding season is approaching quickly. With the stress of planning a wedding, it is easy to overlook certain steps that affect your taxes and finances in general. We have compiled a list of steps to...
How can I help my children start investing?
As a parent, you want to help guide your children towards a path of success. Teaching them about compound interest and the importance of investing early in life will help guide them down the right...
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...
Should you use a transfer on death (TOD) designation for a non-retirement account?
Many people are familiar with the need to designate beneficiaries for IRA, 401(k), 403(b) and other types of retirement accounts. What about non-retirement or “non-qualified” accounts? A Transfer on...
What are the different types of Power of Attorney?
Understanding the various types of Power of Attorney (POA) can save you from unfortunate situations. Whether you’re choosing a POA to make decisions on your behalf or to help a loved one,...
Our blog posts are written for educational purposes only. Please work with your financial advisor to understand how each topic may apply to your financial situation. Each situation is different and thus what is beneficial to one person may not be beneficial to another.