If you pay attention to the news, you may have heard the negative predictions about the sustainability of our Social Security fund. . . it’s crucial to look beyond the headlines and understand the underlying challenges the program faces.
The 2025 Tax Sunset is on the horizon and may affect taxpayers across the board. With many 2017 Tax Cuts and Jobs Act (TCJA) provisions set to expire, it could mean significant tax shifts for individuals and businesses alike.
Most of what we do every day comes from habits driven by thoughts and emotions. Even the most successful investors sometimes experience feelings of stress or excitement when they deal with money.
Many people envision spending a comfortable retirement on the golf course or relaxing by the beach. While these activities appeal to some, there’s an entire world of retirement hobbies out there that can keep you active, awaken your creativity, and help you explore your world. So put on your explorer hat and let’s dive in!
If you’re like us, you recognize that the world extends far beyond the lines of your immediate family, and perhaps you hope to make a lasting impact on others. But wouldn’t it make the most sense if you could help yourself while at the same time helping others? Let’s explore a few strategies to save more money while gifting to your favorite causes.
It’s never too early (or late) to plan for retirement, but it can be overwhelming to know where to begin, so here’s a checklist to get you started.
According to the IRS, the tax rate on most net capital gains is no higher than 15% for most individuals. Some or all net capital gains may be taxed at 0% if your taxable income is less than or equal to $40,400 for a single or $80,800 for married filing jointly or for a qualifying widow/widower.
No one wants to think about something happening to someone we love, but it’s important to be prepared. If you were to become a widow tomorrow, would you know what to do? Here, we share some questions to ask yourself in order to prepare for widowhood should it happen.
The home sale process is filled with uncertainties, such as how long it will take to sell and if you will get your asking price. But there's one question that doesn't have to remain a mystery: whether you will owe taxes on the sale of your home.
Are you still paying your children’s phone bill or offering financial assistance when they ask for it? Supporting your adult children can decrease your chances of a quality retirement and inhibit their growth. If it’s time to cut the cord, follow these four steps to ease the process!