A Health Savings Account (HSA) is a tax-advantaged medical savings account. Unlike a Flexible Spending Account (FSA) which is “use it or lose it,” an HSA allows you to save and invest your balance for current and future medical expenses. The money in an HSA rolls over each year and there are no required distributions […]
As many have heard by now, the Department of Labor (DOL) made it clear through its April 6, 2016 ruling that investor interests must come first and their advisors must act in a fiduciary capacity. The goal of the ruling is to protect investors by requiring all who provide retirement investment advice to plans and […]
Brent discusses the differences between Traditional IRAs and Roth IRAs, and considerations for each. Transcript: Many clients, and my family and friends, always ask me, “Brent, what’s a better option for saving: a traditional IRA or a Roth IRA?” Well there are many different factors that you may want to consider when pursuing these options. […]
I’ve been fortunate enough to spend 35 years as a financial advisor. Over the years, the industry has evolved from its humble roots in the brokerage and insurance space. Throughout this changing landscape, I’ve been amazed how one simple concept could cause so much controversy; the infamous Fiduciary Rule. The Department of Labor (DOL) introduced […]
Close to 90% of Americans commence social security before their full retirement age. There are a multitude of reasons that can affect when you choose to receive benefits – some involuntary; for example a current financial need or health issue. Perhaps you’re simply of the camp hoping to “take it while you can!” Based on […]