Many people have heard the term âHealth Savings Accountâ or âHSA”, but not many people know how, or why, this type of account can be so beneficial to your financial plan. What is an HSA? HSAs are a type of savings account that allow you to set aside money to
DOWNLOAD THE PDF The market investing year of 2023 is off to a solid start. Despite some concerns with the liquidity of some banks, ALL equity and fixed income markets were positive in the first quarter. International Developed Stocks were up 8.02% over the quarter followed by the US Market
There is a lot to learn from past financial recessions. There have been as many as 48 financial recessions in the US going back to the Articles of Confederation. Though some of these are disputed by economists and historians. The good news is going back to 1926 we have some
March Madness is almost over, and as many of us know, the season highlight for college basketball fans is often full of upsets, underdogs and blowouts – and this year DID NOT disappoint. Like investing, filling out a bracket involves balancing risk, reward and expectations, and winning a pool ultimately
Many business owners donât know all the rules behind âwriting offâ or expensing items on their business tax return. There are some expenses necessary to operate the business, but there are also some expenses that may be more personal in nature that could also be justified as a business expense.
We have had a number of clients reach out recently about having more then $250,000 per depositor at their bank. One of the often forgot about ways to protect yourself is to use US Treasuries, since they are also backed by the US government similar to FDIC. Investors are always
When contributing to your IRA or 401(k) you can opt to either make these contributions as tax-deferred or as Roth. However, you might be wondering when should you choose one over the other? Or what are the differences and similarities in the 2 types of contributions? Or, even, what is
A Stop-loss order is an order type used by stock-traders and is often promoted as s way to protect wealth. This order is typically set about 8â12% below the current market price and will trigger a stock sale if the position trades at or below the stated price. As stocks
One tax strategy that may not be as well-known is the ability to rent out your personal residence without recognizing the income. Otherwise known as the âAugusta Ruleâ or âMasters Exemption,â this provision allows you to rent out your personal residence without having to report the income on your personal
We have had a number of clients come to us receently to discuss how to talk with their kids about money, saving, and investing. We are huge fans of talking with kids about money early and teaching them how you look at money, saving, and investing. For many parents, the