Objective information about retirement, financial planning and investments

Charitable Giving and Tax Reform

The Tax Cuts and Jobs Act passed in December of 2017 marks the biggest overhaul in the tax code in many years. One area that will be impacted under tax reform is charitable giving. While charitable contributions remain eligible as an itemized … [Continue reading]

Small Business Retirement Plans – SEP-IRA vs. Solo 401(k)

One of the best tax deductions for a small business owner is funding a retirement plan. Beyond any tax deduction you are saving for your own retirement.  As a fellow small business person, I know how hard you work.  You deserve a comfortable … [Continue reading]

4 Things To Do When The Stock Market Drops

Today the stock market took another hit. The Dow Jones Industrial Average fell over 799 points or about 3.1%. The S&P 500 lost over 3.2%. An inverted yield curve, often a precursor to a recession, continued concerns about a trade war with China … [Continue reading]

7 Tips to Become a 401(k) Millionaire

According to Fidelity, the average balance of 401(k) plan participants stood at $104,000 at the end of the second quarter of 2018, just shy of the all-time high level of $104,300 at the end of 2017. This data is from plans using the Fidelity … [Continue reading]

6 Investment Expenses You Need to Understand

Investment expenses reduce your investment returns. While nobody should expect investment managers, financial advisors or other service providers to offer their services for free, investors should understand all costs and fees involved and work to … [Continue reading]

7 Things to Know About the New Tax Law

The new tax law (Tax Cuts and Jobs Act) passed in December of 2017 marks the biggest overhaul in the tax code in many years. The impact of these changes is far reaching and will impact most of us in some way. As we are now over half-way through … [Continue reading]

4 Benefits of Portfolio Rebalancing

Last year was a strong year for the markets, with the S&P 500 Index up almost 22% in 2017. The new year has started out a bit differently, though with the S&P 500 recording a gain of only 2.59% though the first half of 2018. It's been a bumpy … [Continue reading]