Seek and Find!
Q: There’s an old saying that “the best investors are dead.” What does that mean?
Q: With so much uncertainty in the markets right now, how can I keep my financial plan on track without having to constantly change it.
Do you ever find yourself tapping Buy Now at the end of a stressful day? In the moment, this small purchase may feel like a harmless act of self-care. But if you zoom out, you might see you’re moving away from self-care—and your financial goals—instead.
Estate planning has just got a major update.
The gift and estate tax system is a federal transfer-tax system composed of two main taxes: the gift tax, which applies to transfers made during an individual’s lifetime, and the estate tax, which applies to the decedent’s estate at death. This system is designed to tax the transfer of wealth, with specific exemptions and deductions available to reduce tax liability.
A 529 plan is a tax-advantaged savings program designed to help families prepare for future education expenses. Named after Section 529 of the Internal Revenue Code, these plans have transformed the way families save and pay for college. In addition to tax benefits, 529 plans offer diverse investment options, allow funds to be used for a wide range of expenses—including college costs, trade schools, and K-12 tuition—and can reduce the impact of personal savings on financial aid eligibility.
There are some important tax strategies to consider adding to your checklist as you approach the end of the year.
Health care remains important throughout life, but it often becomes an even greater focus after retirement. As you age, maintaining your health becomes a top priority, which may involve more frequent doctor visits for routine exams and preventive screenings. Additionally, aging can bring a higher likelihood of health issues, potentially leading to increased expenses for medications and medical procedures. That’s why having reliable health insurance is essential to help manage these rising costs.