When we’re able to pause and catch up with our family members, conversations often revolve around “safe” commonalities such as family, sports, entertainment, health, and relationships… maybe even gossip! Occasionally, taboo subjects find their way into these conversations. You know the type: politics, religion, and money. When it comes to money, the conversations usually remain […]
New hardship rules became effective January 1, 2019, for the calendar year plans, thanks to the Bipartisan Budget Act of 2018. Most of these rules are welcome changes which should make more funds available to plan participants who are experiencing financial hardship. There is some concern, however, that there will be more “leakage” of retirement […]
2018 will not go down as a great year in the investment world, as the volatility of the fourth quarter brought stock market losses across all major asset classes. Despite this, many actively managed mutual funds distributed significant taxable capital gains in December. This is the result of significant gains that have been building in these funds […]
Saving for college is no small feat. With the continually rising cost of tuition year after year it’s more important than ever to start saving early and often for a child’s college education. Thankfully, many extended family members sometimes contribute toward a child’s education. Grandparents are sometimes major contributors to a child’s college education as […]
It has become increasingly impossible to read or listen to any financial news lately that doesn’t include some discussion of tariffs. So, what are tariffs? Do they even matter? Tariffs are a tax or duty to be paid on a certain class of imports or exports. They are certainly not a new phenomenon as they […]