This strategy of diversifying bonds can help smooth out the ups and downs of the market.
When the market is in decline, we take these proactive steps with our clients.
If you’re the beneficiary of retirement accounts or other inherited assets, it pays to learn about the IRD deduction.
According to a survey conducted at the end of 2021, about 88% of Americans are very worried about inflation and many say they are planning to cut back their spending.1 Prices…
Protecting your portfolio from avoidable income tax is key to creating a sound income strategy for retirement.
The best way to avoid investing bias is to learn how it commonly shows up—and to pursue an objective investment strategy.
Learn how diversifying your taxability (not just investments) is key to creating a sound retirement plan.
Immediate fixed-income annuities are often sold quoting an interest rate that is not available in certificates of deposit or bonds. Generally, the interest rate quoted far exceeds more traditional fixed-income products and is quite a lure to investors.
These misperceptions can end up costing you a lot of money, and more importantly, years of your life working for someone else rather than pursuing your passions.
Don’t leave money on the table.
It’s just as important to diversify how funds are saved as it is to diversify how they are invested.
Widows and widowers whose spouses were younger than 72 at the time of death need to examine their options carefully before rolling over their spouse’s IRA.
Do not spend money that has been accumulated for financial independence. Invading long-term savings extends the time it will take to achieve a goal.
When Inheriting an IRA there are complex rules you will need to follow to avoid costly errors.
Time is the most important word in our investment vocabulary. If financial independence is the goal, starting today beats waiting until tomorrow.
A premium bond has a coupon rate higher than the prevailing interest rate for that particular bond maturity and credit quality. A discount bond, in contrast, has a coupon rate lower than the prevailing interest rate for that particular bond maturity and credit quality.
Until you reach age 59 ½, attempting to access tax-deferred retirement accounts could trigger taxes and penalties.
With the passage of the SECURE Act inherited IRAs from those who passed after December 31, 2019 are no longer allowed to stretch the withdrawals over their life expectancy.
The difference can be summed up in two words: intraday trading. Unlike mutual funds, ETFs can be bought and sold anytime throughout the day.
Only 51% of Pennsylvanians have tried to figure out how much they need to save for retirement—and just 31% are satisfied with their current financial condition.