Ah, Money. The word leaves you with a positive or a negative feeling when you hear it. The feeling we get from money, and investing, has deep roots inside our emotions, although we may not understand why. Behavioral science explains why we make our investment decisions and how we emotionally react to them.
How Emotional and Behavioral Barriers May Impact Your Investing Decisions Read More »
Spring cleaning presents a great opportunity to clear out any items you no longer need—and the same goes for your finances. Checking in with your finances during tax season may be particularly beneficial, as it allows you to complete last year’s taxes while making any changes you need to potentially improve next year’s tax situation. Below, we discuss what’s included in a financial review and how such a review can help you spring clean your finances.
How to Spring Clean Your Finances with a Financial Review Read More »
Many workers have been dreaming of retirement since they first entered the workforce. However, once this retirement date draws near, the prospect of giving up your primary source of income may be nerve-wracking, even if you’ve diligently saved and planned. Below, we discuss a few steps you may wish to take to potentially make this transition easier.
Everything Older Workers Need to Know About Retiring Read More »
If you already contribute to a 401(k) or another retirement account through work, you may not have spent much time thinking about opening an individual retirement account (IRA). However, an IRA might provide you with a way to boost your savings even further. Both traditional and Roth IRAs can present a prime opportunity to set
IRA Mistakes to Avoid Read More »
If you’re the beneficiary of a large inheritance, you may find yourself suddenly wealthy. Even if you expected the inheritance, you may be surprised by the size of the bequest or the diverse assets you’ve inherited. You’ll need to evaluate your new financial position, learn to manage your sizable assets, and consider the tax consequences
Wealth Due to Inheritance Read More »
As we enter a new year, you may be wondering what’s in store for the economy in 2023. To help ensure your financial success, here are some insights into the recent impacts of inflation. What happened in 2022? Last year proved to be a tumultuous time for many due to the rising costs of goods
A Look Back at Inflation in 2022 Read More »
The Super Bowl is more than just a game. It’s an American holiday. As you prepare for this fun day, you may also want to think about how to create “big wins” in your investment strategy. Get ready for Super Bowl Sunday by checking out these Super Bowl-inspired investment strategies.
Kick off the Big Game With These 7 Super Investing Lessons From the Super Bowl Read More »
Identity thieves often swipe your bank or credit card account numbers, birth date information or Social Security Number (SSN) to steal from your accounts, open a new and phony account or make illegal purchases. Some 15.4 million consumers were victims of identity theft or fraud last year, according to a report from Javelin Strategy & Research.
Beware Scams at Tax Time Read More »
Each year, many of us focus on our financial health by resetting goals and checking off items on our financial to-do list. Attempting to implement everything at once can be overwhelming but a month-by-month approach may help you plan and develop actionable financial goals. While some financial tasks are time-sensitive, others can be checked off the list as you complete them throughout the year. Here is a month-by-month to-do list to help you pursue your financial goals and keep you on track throughout the year:
An Annual Financial ‘To-Do’ List to Help Keep Your Finances on Track Read More »
It\’s nice to own stocks, bonds, and other investments. Nice, that is, until it\’s time to fill out your federal income tax return. At that point, you may be left scratching your head. Just how do you report your investments and how are they taxed?
Taxation of Investments Read More »
