Financial, Investment and Estate Planning Blog

 Not only will you be able to contribute more to your 401(k) and IRA retirement plans in 2024, the Internal Revenue Service (IRS) is also boosting the contributions for 2024 Health Savings Accounts (HSAs).For single people, the limit will be $4,150 and families can put away up to $8,300. For those over 55 years of age, the catch-up contri...

 U.S. Markets Stocks notched solid gains in the first quarter as enthusiasm about artificial intelligence, signs of a soft landing, and dovish talk from the Fed buoyed investor confidence.For the quarter, the Dow Jones Industrial Average rose 5.62 percent, the Standard & Poor's 500 Index gained 10.16 percent, and the Nasdaq Composite picke...

When you participate in a 401(k) at work, in most cases, you can still invest in an IRA. By doing both, you can help boost your savings for the future and reduce your taxable income. There are, however, contribution limits, so talk with your financial professional about how you might want to divvy up money into each plan.  Give me a call today...

Have you contributed to your IRA for this tax year? Even if you are close to filing your returns, talk with your financial professional about adding your contribution. As a personal retirement savings plan, your individual retirement account (IRA) offers specific tax benefits. Deductible contributions to a traditional IRA can reduce your taxable in...

 You may occasionally hear "talking heads" on the news discuss the bond market, but too often, these news reports use confusing language and obscure terms. Many important drivers affect the bond market, and one key concept that every investor should understand is the relationship between bond prices and interest rates.Typically, when interest ...

Knowing how to capitalize on important financial decisions during these crucial pre-retirement years can make a huge impact on your prosperity and comfort later in life. And although clients don't always look forward to being another year older, there are some financial benefits to doing so. Once you turn 50, you may have several opportunities to s...

Investing involves risk, and as we've been working together, we've discussed your risk tolerance regarding your portfolio. But in the world of finance, risk can take many forms.Here are a few types of risk that I look at when considering any potential investment:1. Business risk. How healthy is the company behind the investment?2. Market risk. How ...

As a business owner offering a retirement savings plan to your employees, you have access to a range of services, resources, and solutions. It's important to understand that not all plans are created equal, nor are all plan administrators. As your business grows and your priorities change, be sure you're familiar with the available options.Here are...

As a business owner offering a retirement savings plan to your employees, it's important to know that there are many different plan types — and many different options within each of those plan types — and each can help you address different needs. Let's walk through some of those different options, along with a high-level look at some of their feat...

With the first half of the year in the rearview mirror, summertime is a great chance to touch base. A mid-year financial review can help to take stock of your accomplishments thus far and uncover any needs for adjustments. It's important to regularly evaluate your financial situation, and a small investment of review time can help ensure you're on ...