The annual open enrollment period is a critical time to assess your benefits needs. Besides considering renewing or changing your healthcare and dental plans, please consider the other potential benefits […]
Why complement Retirement investment accounts like 401(k)s, IRAs, Roth IRA’s with a Brokerage account– otherwise known as taxable investment accounts?
The short answer is: Flexibility! Here are some of the advantages that investing in Brokerage accounts provides:
- There are a multitude of investments available in Brokerage accounts including stocks, mutual funds, ETFs, and other assets
- Unlike retirement accounts, which have limitations on contributions each year as well as age-based withdrawal constraints, Brokerage accounts allow investors to contribute and to withdraw money when they want. As a result, Brokerage accounts may be utilized as a vehicle for not only retirement goals but also for other financial planning goals such as a down payment on a home, purchasing a car, or maybe a home renovation project
There is finally some good news to report. Our representatives in Washington have been somewhat busy and we have three government programs to share with you, our valued clients.
Coronavirus Stimulus […]
Which is better for you? Contributing to a pre-tax traditional 401(k) account or an after-tax Roth 401(k) account? As with most financial issues involving tax laws, the answer depends on […]
After the April 2016 death of 57-year-old entertainer Prince, many people were surprised to learn that he had no will. He had been so deliberate in how he handled other […]
Roth IRAs for High-income Families
Roth IRAs are probably one of the most powerful financial planning tools available. One of the main benefits is that it enables after-tax dollars to […]
How can people widowed before retirement maximize their social security benefits? This study from the Journal of Financial Planning examines the Social Security program rules unique to widows approaching […]
This comprehensive study from the Journal of Financial Planning examines strategies for singles and couples who are deciding when to begin Social Security benefits. We recommend you discuss this […]