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 Your Adult Children Still Asking for Money? Here are Four Ways to Get Them to Stop Relying on You Financially
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!
FDIC Limits Explained
If nothing else, the recent failures of Silicon Valley Bank and First Republic Bank highlighted the importance of Federal Deposit Insurance Corporation (FDIC) insurance. FDIC insurance protects deposits at member banks in the highly unlikely chance that a bank goes under. There are rules and limitations to consider – this is banking, after all – so here’s what you, the nonprofessional, should know about FDIC insurance.
Maximize Your Retirement: 3 Budgeting Tips to Safeguard Your Financial Future
Retirement is a milestone we’re all working hard to reach. But sometimes this goal can feel so distant that it’s more like a dream—especially after the last few years we’ve had. But you’ve worked too hard in life not to reach the retirement you’ve dreamed of.
You’ve Inherited Money, Now What Should You Do?
What would you do if you received an inheritance of money? Most people don’t think about this unless they already know it’s coming in the near future. Even then, it can be overwhelming to face all the options you may have and decisions that need to be made as to what to do with the money. There are also a lot of emotions involved with receiving an inheritance; it can be a bittersweet experience.
How Much Do I Need to Retire Comfortably?
Most financial experts advise that you should plan to have saved enough money to generate 80% of your pre-retirement annual income each year in order to retire comfortably. Is that a goal that you feel you can reach or is it a stretch?
Bank Run Insights
It’s hard and often counterproductive to comment about breaking news while it’s still moving through the proverbial grinder — which is why we usually don’t. However, we feel it’s worth commenting on the growing number of regional bank runs.
What’s in the SECURE Act 2.0?
Confused about the SECURE Act 2.0? Take a look at our rundown of the new legislation and how it changes your retirement.
Know the Benefits of Sending Your RMDs Straight to a Charity
There are many ways to give back during retirement, but one way is to donate your required minimum distributions (RMDs) directly to a charity.
6 Financial Best Practices for Year-End 2022
What impact will the past year have on investment portfolios? Here are six action items worth tending to before the end of 2022.