This is a topic, that unfortunately more often that not, is a topic that gets brushed aside. The topic I’m referring to is that of income protection or as it’s more commonly known as life insurance. It never seizes to amaze me how we as a society will insure practically everything in our lives, except…
987,368 – Sad, Tragic however Avoidable Read More »
Had the opportunity this weekend to listen, LIVE, to 5 self-made millionaires. I was fortunate to be invited to the first live event in over year. Hard to believe it’s already been a year since the COVID pandemic practically shut everything down. I can’t put into words how unbelievable of an experience. I know folks
Dreams, Money and Time Read More »
Did you know that the IRS allows contribution into your Traditional and/or Roth IRA’s for 2021 all the way up to April 15th, 2022? Why is that important? The additional 3 and halves months the IRS allows for prior year contributions can be a huge opportunity if you properly take advantage. If whatever reason you
Did you max out your IRA? Read More »
The celebratory New Year is always accompanied by the time honored tradition of the New Year’s resolution. Everyone is always so excited and determined that this is the year I’m going to loose weight, exercise more, saving more money, change jobs or start a 2nd career for additional income, stop drinking and/or smoking, spend more
It’s a New Year; What’s going to change? Read More »
What’s the best option for saving for college? This is a question that many parents, both first timers as well as the experienced, are facing today. There are basically two types of products available to address this issue. On one side we have state-sponsored college savings plans, like Florida Pre-paid. On the other hand are
529 Plan vs Florida Pre-paid Read More »
Understanding the basics of the United States Progressive Income Tax Rates is a critical piece of information when formulating any type of short-term and long-term financial plan. Many folks have the misconception that the higher your income, the more you will pay in income tax thus actually lowering your take home (net) pay. That’s not
US Federal Progressive Income Tax Rates and Investing Read More »
Capital One, one the nations largest credit card issuers announced last week that it will be reducing credit limits to “some” of it’s cardholders. This decision is in response to the current COVID-19 pandemic and it’s negative impact on unemployment rates and benefits. The additional $600 per week unemployment benefit expiring soon was also a
Credit Cards Reducing Credit Limits Read More »
Understanding employer retirement benefit options such as 401k’s and their public employee counterpart 403b’s/457’s is an extremely important aspect to consider. Unfortunately, too many employees do not to take full advantage of these benefits. The challenges might range from lack of information and education about the investment options to truly grasping the long-term benefits of
Contributing to a 401K/403B Read More »
