What is a fiduciary? If you have ever considered using a financial adviser, chances are you may have heard this term and wondered exactly what it means and why it’s important when choosing an investment adviser. Watch our short video to find out more. A fiduciary is a person or organization that acts on behalf of another […]
You’re likely well aware that United recently announced an early retirement offer called the Pilot Voluntary Separation Leave (P-VSL), but you may be struggling to determine if participating is the right decision for you and your family. The P-VSL may be an attractive offer for pilots considering an early-out, but there are many factors and […]
Dear Crewmember, You’re likely well aware that Delta recently announced the Voluntary Early Out Program (VEOP), but you may be struggling to determine if participating in the VEOP is the right decision for you and your family. The VEOP may be an attractive offer for pilots considering an early-out, but there are many factors and […]
The ongoing COVID-19 pandemic has upended world economies and sent many industries deep into the red. In light of this, the United States government has enacted a plan to stimulate the economy and offset the financial strain many Americans are feeling as the outbreak continues. Cash Payments and Assistance The CARES Act will send funds […]
Let’s start by saying: Debt itself isn’t a bad thing. If we’re in a period of low-interest rates, and we expect our earnings to increase over time, the use of debt can be very helpful. It enables us to buy houses, cars, appliances, furnishings and all the other accouterments of The Good Life without denying […]
We’ve spoken a lot in this space about IRAs: traditional IRAs, Roth IRAs, backdoor IRAs and so on. And we’ve always presented these vehicles as fairly conventional, plain-vanilla places to save for your golden years. After all, IRA stands for individual retirement arrangement. Or does it? There are any number of ways you can take […]
We’ve spoken a lot in this space about IRAs: traditional IRAs, Roth IRAs, backdoor IRAs and so on. And we’ve always presented these vehicles as fairly conventional, plain-vanilla places to save for your golden years. After all, IRA stands for individual retirement arrangement. Or does it? There are any number of ways you can take […]
The second substantive financial legislation of Donald Trump’s presidency is now law. The SECURE Act – named the Setting Every Community Up for Retirement Enhancement Act by someone who needed to put the acronym cart before the nomenclature horse – was signed by the president in December 2019. As you recall, Mr. Trump’s signature accomplishment […]
Some of the most hackneyed suggestions you’ll hear from financial advisers is, “Don’t invest with emotion.” We’re going to gently push back on that notion a little. The reasons why you invest are deeply emotional because the stakes are high. This isn’t about scorekeeping, it’s about ensuring that your loved ones—yourself included—are provided for when […]
If you are like most of us, you haven’t thought too deeply about your retirement savings for some number of years. With the W-4 form, you might have made a selection the day you were onboarded and haven’t given it a whole lot of attention since. You get your periodic statement from your retirement plan, […]
As we wind down financial literacy month, I can’t help but think about the recent Marvel release of Avengers: Endgame. Why? First, I grew up a bit of a comics nerd and am now a stalwart believer that 90s X-Men are the best of all iterations of X-Men. Second, I’ve shared the experience of the […]
If you collect inspirational, empowering quotes, then you’ve already heard this one a million times: “I skate to where the puck is going to be,” hockey legend Wayne Gretzky once said, “not where it has been.” At the time of this writing, it’s a hundred degrees outside in most cities with a National Hockey League […]