Is your money sleeping on the job?
In today’s financial landscape, one of the most overlooked opportunities is the money sitting quietly in your checking account — or even in low-yield savings — earning next to nothing. While having cash on hand for emergencies is essential, leaving too much idle can...
Ten percent penalty and exceptions
One thing I frequently hear investors get confused about is the 10% penalty on premature distributions from retirement accounts, and when they do and do not apply. If those under age 59 ½ make a mistake as it relates to premature withdrawals, it can result in...
Tax-exempt gifting to family
Gifting is one of those topics that comes up often with clients. The decision to give is one thing, but the way that you should give to family can be more complicated. There are three ways to gift on a tax-exempt basis. 1. Annual exclusion gifts For 2025, you can give...Understanding Roth IRA conversions
By Eric Reich A few weeks ago, I wrote about the potential benefits of getting rid of traditional IRAs in order for you to potentially pay less overall taxes during your lifetime and for your heirs after your lifetime by either spending them down or converting them to...
Reasons to contact your advisor
Clients often think of calling their advisor regarding their investments. However, there are several other reasons and times you should contact them. This week, we’ll explore the reasons and milestone ages that should prompt you to reach out if your advisor doesn’t...
