Given the rollercoaster of volatility we’ve seen in the stock and bond markets over the last few years, we want to see how are you feeling as it relates to your investments and overall financial stability? As we near the end of the second quarter of 2023, it’s important to reflect on your emotions during…
For those of you who have been following the markets and the current state of the economy, you know that the Federal Reserve has been hiking interest rates for months now to combat high levels of inflation. Living in this higher interest rate environment, many individuals have been seeking strategies to maximize their cash, including…
If you or anyone you know withdrew funds from retirement accounts during the early stages of the COVID-19 pandemic, it’s important to be aware of a time-sensitive deadline to pay back those amounts and unlock significant tax advantages. In March 2020, Congress passed the CARES Act, which allowed individuals to withdraw up to $100,000 from…
We’ve been talking a lot about the importance of having a financial plan in place, especially given the current market climate with hot inflation and rising interest rates. Establishing financial goals and creating a roadmap to achieve them is extremely important to your financial life. It’s often hard to see the whole scope of your…
If you’ve been following major headlines in the media recently, you sure have read about interest rates, inflation, the Federal Reserve, and a potential recession. As the Federal Reserve recently implemented its 10th interest rate hike in its effort to combat inflation, many individuals continue to discuss the possibility of a looming recession on the…
Estate planning is a financial topic that many individuals oftentimes overlook; however, it is one of the most important components of a solid financial plan. We know that estate planning is not the most joyful conversation topic and it is typically avoided due to its morbidity, but if you are reading this, we want you…
At the beginning of the year, we posted a blog discussing the ways that the Secure Act 2.0 promised to provide changes to help many Americans’ retirement plans, including over 90 updated retirement plan provisions. More recently, a provision was passed expanding fee-for service planning opportunities for small business clients and their employees. So, let’s…
Is my money safe? As expected, this is the number one question we have been getting from clients and prospects following the SVB collapse and banking crisis. So, where should we begin? Well for starters, it is certainly an unusual time in the economy, where we as humans never really thought about whether our money…
Given the events of the last year, with the Federal reserve raising interest rates to combat high inflation, the consumer has had to shift the way they think about their money, especially their cash. With higher interest rates, comes the opportunity to earn more interest on your cash, but also makes it more expensive to…
If you haven’t done so yet and you qualify, make sure you don’t forget to claim your Income Tax Offset Credit (ITOC). Montgomery County’s Income Tax Offset Credit (ITOC) program allows Montgomery County residents who live in the property they own a $692 credit. Click here for further instructions on how to claim your tax…