Imagine having a personal financial guru in your corner, cheering you on as you reach your money goals. That’s kind of what a financial planner can be! But when choosing one, you might come across terms like “fee-only” and “fee-based.”...
Case Study: The Impact of Roth Conversions on a Retiree taking Social Security Susan’s Client Profile Susan is a 68-year-old woman enjoying a comfortable retirement supported by $3,000 monthly Social Security benefits, $1,000 in pension income, and approximately...
Several investment vehicles offer significant tax benefits, and the Health Savings Account (HSA) is a prime example. If you haven’t heard of HSAs, they are tax-advantaged accounts that allow contributions of pre-tax income for qualified medical expenses, with...
A Case Study in the Age-Old Debate of S-Corporation vs. Partnership This article dives into a case study comparing two business structures for a husband-wife team in their 40s: S-Corporations and partnerships. The primary focus is on the interplay between potential...
Dave Ramsey has for the longest time recommended a four category approach to investing in mutual funds. His approach keeps things simple, and according to Ramsey positions investors for the best outcomes as it pertains to diversification and investment growth. If you...
Target date funds have become the dominant investment solution for employer sponsored retirement plans (401(k), 403(b), etc). In recent years, 401(k) plans have gone as far as offering them as the only investment solution available to you. So what’s the deal? Is this...
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