As we’ve been making our way through this market correction and this interesting economic environment with the Federal Reserve raising interest rates to combat inflation, we’ve been getting many questions about which financial moves you should be making and which ones to avoid. While market volatility can be stressful and scary for us all, the…
Does your job offer workplace benefits? If so, are you aware of the benefits available to you and are you taking advantage of them all? We’ve been working with many individuals who are not only unaware of the extent of their benefits but are also not utilizing some great opportunities for them, especially their 401(k)…
As we are well underway in the last quarter of the year, its a great time look at your finances as a whole, see what you have achieved thus far in the year, and re-assess your goals for year-end. We know it’s been quite a wild first half of the year in the world and…
Brad Sherman was listed as a Top Financial Professional in the November/December 2022 issue of Bethesda Magazine! On behalf of Brad and Sherman Wealth, we want to say congratulations to the other financial professionals who were listed and thank you to our clients, friends, and family for the continued support as well as the financial…
The IRS released annual inflation adjustments to income tax brackets and many other adjustments for 2023 on Tuesday which are followed by today’s announcement of the 401(k) contribution limits for 2023. The contribution limit for retirement accounts such as 401(k)s, 403(b)s, most 457 plans and TSP accounts has increased to $22,500, up from $20,500, the…
As we’ve been adjusting to this new economic environment with not only rising prices but also interest rates, are you feeling the impacts of inflation and a higher cost of living? If so, what has become more expensive within your daily life and budget? Groceries? Gas? Dinner dates? Over the last few months we’ve been…
As we approach the end of the year and many of you begin tax planning for 2023, its great timing because the Internal Revenue Service announced the new tax inflation adjustments and tax brackets for tax year 2023. As the October 17th extended tax deadline just passed for tax year 2022, now is a great…
Mental health awareness and wellbeing is so important and should be constantly discussed and talked about. With World Mental Health Day just having passed, we thought it would be timely to discuss not only the importance of mental health, but also mental health as it relates to finance. It’s obvious that finances and money can…
Brad Sherman: Today we want to discuss lifestyle creep, a big topic in the news, along balancing increasings costs, inflation, home prices, and more. We also want to talk about saving for your future and paying yourself first. Ashley, I know you wanted to talk about it being a really important balance strike, so do…
Wow, what a rough and volatile week, month, and quarter its been in the U.S stock markets. In fact, the S&P 500 has seen its worst start to the year since the 1930s. We know the volatility within the markets and the Federal Reserve hiking interest rates is uneasy for all; however, as we always…