401(k) or IRA: Which Vehicle Makes Sense (for you).

Key Points to Consider. What’ll it be: a 401(k) or an IRA? Given the choice between putting money in an employer-sponsored retirement account such as a 401(k) or a self-directed savings vehicle like a Roth or traditional IRA, the ideal answer is “all of the above.”  But until (or even if) maxing-out both is an [...]

By | 2017-11-22T12:22:26+00:00 November 21st, 2017|Family, Financial Planning, Investment Management, Starting Out|

IRS Contribution Limit Changes for 2018

What do these changes mean for you and your retirement savings plan? Lynda Tull, Associate Advisor The IRS has announced new contribution limits for retirement savings accounts which include 401K, 403B, and most 456 plans. Changes to income limits for IRA contribution deductibility and new contribution limits for Health Savings Accounts (HSAs) have also been [...]

By | 2017-11-21T14:32:48+00:00 November 17th, 2017|Family, Financial Planning, Retirement, Tax Planning & Preparation|

Fact vs. Fiction: Saving for College with 529 Plans.

Alexander K. Ognenovski II, J.D. Your guide to myth-busting the 529 Plan; and how to use it to your financial advantage. Three main aspects when considering a 529 Plan: There are no limits on who can open a 529 college savings plan or who can contribute. 529 plan savings can cover a range of educational [...]

By | 2017-11-08T11:51:11+00:00 November 7th, 2017|Family|

Want to help your kids financially? Be the bank.

I want to help my (adult or young adult) kids (or grand kids) financially without just giving them money. Have you ever thought this? Have you wanted them to still have some accountability or teach them to manage some debt without it being such a burden to them? This is something we hear and get [...]

By | 2017-11-08T11:46:43+00:00 October 19th, 2017|Family|