Why It’s Important to Rebalance Your Investment Account
No one knows what asset class, or sector is going to rule the investment world next, or how rapidly things might change. Rebalancing helps you capitalize on diversification.
Read More
Choosing a Financial Advisor: The Questions You Need to Ask
Keeping your investments secure is more important than your home, your car or even your current job. Just think about this—if you were to lose your home, car, or job today, they could eventually be replaced.
But a lifetime of investments? That’s something you don’t ever want placed in peril.
Fiduciary responsibility has always been serious. Now, it is being enforced.
At the most basic level, the new law limits the amount of “fine print” and doesn’t allow investment advisers to trick investors or otherwise mislead them. As stated, advisers must look out for their clients’ interests first.
What Does the Brexit Mean for American Investors?
In today’s post, we’re exploring Brexit and the resulting ramifications on the global economy, specifically focusing on the impact on American investors, like you, our clients
Congress Shook Up Social Security. Here’s How.
A measure was approved by the House and passed by the Senate near the end of 2015 to bring three popular Social Security claiming strategies to an end:
- File-and-suspend: When a spouse reaches full retirement age, he/she may file for Social Security benefits and immediately suspend them until age 70 to continue accruing delayed retirement credits.
- Filing for a restricted claim of spousal benefits: When a spouse reaches full retirement age and has yet to file for any benefits, he/she may file a restricted application which allows him/her to claim spousal benefits if the other spouse has already filed for benefits.
- Retroactive Lump Sum Payments: A person with suspended benefits may elect to request payments retroactive back to their filing date.
What do these changes mean to you? That is what we address in today’s post.
Inflation, Deflation & Consumer Price Index Explained
The consumer price index (CPI) is an index that measures price increases and decreases of goods and services in the economy and computes a percentage change. The CPI index is the general measure of inflation in the United States. Read today’s post to learn more about the CPI, Inflation and Deflation.
Updating Your Estate Plan
If you do not update your estate plan on a regular basis, or for some reason do not have an estate plan, it could cause a myriad of problems. Taking the time to manage your estate plan can help you avoid having the wrong people inherit your property or assets. It can also protect you from paying more taxes than necessary. Proper estate planning can make an already difficult time a little easier for your loved ones.
What is the Bigger Liability? A 401K Plan or a Medical Malpractice Suit?
You might be surprised to learn that in 2015, the average retirement plan Department of Labor (DOL) audited fine was $424,000. Whereas, the average medical malpractice settlement is $425,000. While both are astronomical and business crippling, thankfully, with the right policies and procedures, we understand that there are ways to reduce the risk. We are going…
Steps to Estate Planning
Contrary to popular belief, a detailed estate plan is not about huge taxes and massive trust funds; many are as simple as a couple sheets of paper.
Does Your Family Need an Estate Plan?
It’s never too early to start planning for the next generation. Read on to find out why your wealth transfer plan is more important now than ever.