Financial Capability Beyond April
April is Financial Capability Month, an initiative that started in 2004 as “Financial Literacy” and has evolved over the last 20 years. The rebrand reflects a trend of taking a more active approach to finances and a focus on having more control over decision-making as you move through your financial journey. As you become […]
Are You Prepared For An Estate Tax Sunset?
Are you thinking about your taxes and financial strategies for 2026? If not, you should be. In 2026, a number of tax adjustments that were enacted as part of the 2017 Tax Cuts and Jobs Act (TCJA) are anticipated to expire. For affluent couples, the most consequential change is likely to be a substantial reduction […]
Cost-Saving Strategies for Extended Care
Extended care, also known as long-term care, can be a significant financial burden for many families. Costs are not straightforward and can include expenses such as in-home care, assisted living facilities, and nursing homes. These add up quickly and may not be fully covered by insurance or government programs. But there are several cost-saving strategies […]
Financial Capability = Financial Independence
As you become successful in your career, buy a home, save, and invest, you’re building knowledge and capability. But are you gaining the ability to achieve your own goals? True financial capability is closely tied to financial independence; however, you define that. For many people, it relates to flexibility and making choices as an […]
What To Know Before Retiring Early
Early retirement may seem like a dream come true. However, you need to be well prepared if you want to retire early. If you’re not prepared, you might run into complications. Here are a few things to consider before retiring early that no one talks about. Will You Have Enough Money for Your Entire Retirement? […]
Your Guide to Equity Compensation
Equity compensation is an attractive benefit that many companies offer to employees. It can be a valuable way to reward and motivate employees by giving them a share of the company’s ownership. If you’re new to equity compensation or simply looking to learn more, you’ve come to the right place. In this article, we break […]
Why Many Americans Retire Earlier Than Planned
The traditional retirement age in the United States is 65, the age at which most people are eligible to begin receiving full Social Security benefits. But many people feel the allure of leaving the workforce much sooner. Many Americans are deciding to retire earlier than planned, whether by choice or because of other circumstances. According […]
Understanding Social Security Benefit Taxation
Receiving Social Security benefits is advantageous in retirement, but like almost every other form of income, these benefits are taxed by the government. To accurately predict your retirement income (and taxes), it’s important to understand how Social Security benefits are taxed. Here, we explain everything you need to know about Social Security benefit taxation. How […]
The Roth-Only Catch-Up Contribution Rule Will Get Time to Catch Up
The Roth-Only Catch-Up Contribution Rule Will Get Time to Catch Up The SECURE 2.0 Act, which was passed in December 2022, made a significant change to the IRS catch-up contribution rules. The catch-up contribution allows those aged 50 and above to contribute an additional $7,500 to an employer-sponsored pre-tax retirement plan. SECURE 2.0 tied that […]
Risk Management: Modern Portfolio & Behavioral Finance Theory
Investing strategies consist of a few different types of financial theories. This article examines two popular theories you may have heard of: modern portfolio and behavioral finance theory. Modern Portfolio Theory (MPT) Modern portfolio theory, also called mean-variance analysis, is a widely used model for structuring your investment portfolio. MPT was developed by Nobel Laureate […]
