Understanding the Required Minimum Distribution

May 6, 2019

In an effort to encourage workers to save for retirement, the United States government allows individuals to save part of their income tax-deferred into retirement accounts. Workers do not have to pay taxes on these funds or on the investment gains until the money is withdrawn from the account as income, usually during retirement.

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Tips to Help Protect Yourself From Scams This Tax Season

March 18, 2019

The 2019 tax filing season is here, and as millions of Americans prepare to file their 2018 returns, the Internal Revenue Service (IRS) is reminding consumers to protect themselves against the many tax scams thieves often employ in an attempt to steal money and personal information from unsuspecting victims. Read more

Discussing the In-Service Rollover

February 20, 2019

A 401(k) plan is a great vehicle for employees to save for retirement. The money invested into this employer-sponsored retirement plan is saved pre-tax and grows on a tax-deferred basis. Taxes on this deferred income are not paid until the money is withdrawn from the plan, usually in retirement. Read more

2018 Tax Saving Strategies

December 5, 2018

With 2018 coming to a close and the 2019 tax season fast approaching, there is still time to take advantage of some tax-saving strategies for this year. Below are four year-end tax tips that could be useful whether you are trying to maximize your refund or minimize what you owe. Read more

Activating Your Social Security

October 30, 2018

When planning for retirement, it is important to figure out what income you will need and where that income will come from once you leave the workforce.  For most American retirees, Social Security benefits will provide an important source of income in retirement, but many people aren’t sure when they should start taking the benefits. The answer to this question will depend on your individual situation and your immediate and long-term financial needs.  Read more

5 Things to Know About the New Credit Freeze Law

October 1, 2018

A new federal law that went into effect this September, makes it free for Americans to have their credit files frozen and unfrozen by credit reporting bureaus.

The Economic Growth, Regulatory Relief and Consumer Protection Act, signed into law on May 24, adjusted the federal law dealing with consumer credit guidelines. The law went into effect on September 21. Read more

The Do’s and Don’ts of Retirement Planning

August 30, 2018
Retirement is one of the most important life stages a person will go through, and with people living longer (1), the need to properly plan for retirement is critical. This can be a daunting undertaking. Let’s look at some key points that can get you on the right track to planning a successful retirement. Read more

Insight2Markets: Earnings Update

August 22, 2018

Are you being paid for the risk you are taking?

 This is a question consistently asked in the investing world. If the underlying companies in a portfolio are not growing earnings, a higher price and return on the investment generally isn’t justified.  Facebook’s recent miss and price drop is a prime example. Investors do not “like” it when companies fail produce the results they said they would. Read more

Insight2Markets: Inversion Diversion

July 9, 2018

A frequent question of late is what to make of a flattening yield curve and what action should we take?

In short – the yield curve is used as a tool which can illustrate high probability recession risk with considerable lead time of about a year and should not affect drastic portfolio decisions this early on.  This is perhaps a topic not worthy of a rapidly moving news cycle but does play into the drama and thus emotions of investors. Read more