Small business owners wear many hats. When I started my own financial planning business, I was surprised at how many hours it took to run the office, market my product, and attend to record keeping for compliance. The part I loved – meeting with clients along with preparation and research for the meeting – took […]
TAX CREDITS FOR SMALL BUSINESS Read More »
Are you worried about having enough to retire, let alone having the lifestyle you want? You are not alone! According to U.S. Census Bureau data, 50% of women and 47% of men between the ages of 55 and 66 have no retirement savings.1 Women over age 65 are more likely to be poor than men,
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I recently read an article posted by Business Insider entitled, “Gen Z and millennial workers feel confused, irritated, and left out by endless ‘workplace jargon’ in the office, LinkedIn research shows.” Key points are: ”Almost half of Gen Z and Millennial workers say “workplace jargon” is making them feel left out. “A new survey by
ARE YOU LEFT OUT BY WORKPLACE JARGON? Read More »
With turmoil in the financial world – inflation, bank bankruptcies, recession concerns, etc. – you may have reached the point that you want to check in with a professional advisor. If nothing else, it may calm any anxiety about your future. Common questions I hear as I speak to audiences across the nation are: Am
SHOULD I HIRE A FINANCIAL ADVISOR? Read More »
Will you be 60, 61, 62, or 63 in 2025? Are you still employed and contributing to your company retirement plan? Then start planning now for the added contribution you may make starting in 2025. Catch-Up Contributions You may be aware that under current law, employees who reach age 50 are permitted to make catch-up
EXTRA RETIREMENT PLAN CATCH-UPS ARE COMING YOUR WAY Read More »
A 529 plan is a tax-advantaged savings plan designed to help pay for education. Originally limited to postsecondary education costs, it was expanded to cover K-12 education in 2017 and apprenticeship programs in 2019. There are two major types of 529 plans – education savings plans and prepaid tuition plans. This update pertains to 529
NEW DISTRIBUTION RULES FOR 529 SAVINGS PLANS Read More »
Every morning I look forward to The Morning email from The New York Times. An article that ran not long ago struck a chord. It discussed “why economic inequality began soaring in the U.S. four decades ago.” The author, David Leonhardt, began: “If you look at historical data on the U.S. economy, you often notice
WHAT HAPPENED TO THE MIDDLE CLASS? Read More »
Earlier this week I spoke to a group of retired women about investment strategies in retirement. We talked about the need to review your asset allocation (my blogs The Key to Investing – Know Yourself and Asset Allocation=Investment Chili) and assess investment concentration (my blog Diversification vs Concentration) One of attendees asked me to write
MARKET ANXIETIES AND FEARS Read More »
What a drag! Taking care of finances is bad enough, you say (especially when the news is not great), but now you are telling me that I need to also be vigilant? What do you mean and how much time is that going to take? I am so glad you asked! Financial vigilance can take
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One type of investment offered by the U.S. Treasury is often forgotten—I Bonds. When I was young, my parents bought U.S. Treasury Series E (purchased at a deep discount) or H Bonds (purchased at face value) for me. I bet someone in your family owned them, too. I cashed in some of them to purchase
SERIES I SAVINGS BONDS Read More »