Insights
Drawing on our deep industry knowledge, we assist clients with access to a wealth of insights and educational resources. Here, you can gain valuable perspectives on current market dynamics and explore our comprehensive retirement resources, offering a collection of financial planning, wealth management, and investment strategies.
Timely Q & A
A lot of our clients want to know what is meant by the term parabolic rise in a stock price. A parabolic rise is best shown by this illustration. You get a stock that’s basing, the price just stays stable, goes up and down a little bit, and then some news comes out and “boom”
The Mega Backdoor Roth IRA
Maximizing contributions to tax-advantaged accounts can be a key aspect of sound retirement planning. One lesser known yet powerful option available in some 401(k) plans is the Mega Backdoor Roth IRA. This strategy was made viable by IRS Notice 2014-54, which clarified the rules allowing individuals to roll over after-tax 401(k) contributions into a Roth
Social Insecurity
On May 6th, 2024, the Social Security Administration released the annual Social Security Trustees report. Social Security is made up of the Old-Age and Survivors Insurance (OASI) and Disability Insurance (DI) Trust funds. The report confirms that the status of the program is in decline and will require changes within the next ten years to
A Digital World
Occasionally, we have been asked if the U.S. will adopt a digital currency and then move to eliminate paper (fiat) currency. In recent months, there were rumors that this change was imminent and could be enacted soon. Fortunately, this hasn’t happened, and we don’t think it will. However, knowing more about digital currency is wise
Investor’s Guide to the Election: 2024
We are now less than six months away from what we can expect to be yet another fierce national election. The perception of heightened political conflict and polarization has increased in recent years, with individuals and groups becoming more entrenched in their ideological positions. Naturally, people consider what the potential financial implication of politics will
Market Thoughts and Words of Wisdom Part 2
I’m going to make a few quick comments on the markets then I’m going to finish up with part two of Words of Wisdom. The stock market just hit alltime highs…40000 on the Dow. And yet there is concern about the economy. You might think with the Dow index at this level, that the economy
Retirement: Factors on When to Collect Benefits
When it comes to collecting Social Security benefits, there isn’t a one-size-fits-all strategy because everyone’s financial situation and retirement goals are different. However, here are some general strategies to consider: Ultimately, the best strategy for collecting Social Security benefits will depend on your unique financial situation, goals, health, and other factors. It’s essential to educate
Spring 2024 Financial Newsletter
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Words of Wisdom
Happy New Year everybody. Nothing like that New Year Eve fresh start feeling, is there? You know this year marks my 43rd year in the financial service business sector. The days crawl and the years fly. Well, I’ve learned quite a bit over the years and I’ll share a few things with you. Not only
2024 Retirement Contribution Planning
January is a good time to assess whether you can increase your level of retirement plan contributions for the upcoming year. If you are self-employed, you may still have time to setup and fund a plan for the prior calendar year through your tax-filing deadline. Some limits have increased for 2024 while others have remained
