The CARES Act Required Minimum Distribution Updates
The CARES Act has suspended Required Minimum Distributions (RMD) for 2020. This update applies to qualified retirement accounts, IRAs, and inherited IRAs. If you have already taken a distribution and you don’t need the money, you may be able to undo your distribution...
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Find Out How The CARES Act Affects You
What is the CARES Act? The CARES Act is a 2 trillion-dollar coronavirus economic stimulus bill signed into law on March 27, 2020. It is designed to offer relief for businesses, families, and individuals who have been negatively impacted by COVID-19. From direct...
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U.S. Posts Record Layoffs
A business financial advisor can help you avoid costly mistakes and maximize your business returns. We send our best wishes to you, your family, and friends during these difficult times. We are all in this struggle together and we have to support one another. It's...
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Why You Need to Clean Out Your Computer Regularly
Depending on how you feel about technology, your computer may or may not spark joy, as Marie Kondo would have it. However, it’s important to clean out your computer from time to time. Just as you clean out your closets and do a spring cleaning. What parts of the...
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20 Fun, Free Online Activities at Home
You’re already washing your hands and staying home. As we deal with the reality of our new normal, here are some resources for staying occupied while staying home. Please let us know if you have any cool resources to add to our list. Stay Connected Coordinate...
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IRS Tax Deadline Changes
Recently announced IRS changes. In response to the pandemic, the IRS moved the federal income tax filing deadline back three months from April 15 to July 15. The July 15 deadline applies to: Filing income tax returns Payment of income taxes due Payment of...
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When Will Mortgage Rates Drop?
So, the Federal Reserve Bank lowered interest rates to a range of 0% to 0.25%. Why aren’t mortgage rates following? Well, time to dust off that old college economics book. Let's answer that by following the chain of economic reactions to the Fed’s actions and...
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You’ve Maxed Out Your Retirement Contribution. Now What?
Many investors who are able to save a lot of money max out their 401(k) contributions and want to know where the rest of their savings should be invested. Unfortunately, there comes a time when you will have maxed out all your tax-deferred savings! At that point the...
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Why You Should Sit on the Board of Directors of a Company
As a member of a Board of Directors, you are responsible at a high level for the activities of the organization, whether it’s a nonprofit or corporation. You’re not concerned with the nitty-gritty details, because the officers of the organization handle those. The...
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Our four-step financial planning process is designed to be a road map to get you to your destination(s), while providing flexibility to adapt to changes along the route.
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