How to Mitigate Taxes Under Biden’s Proposed Tax Law Changes

How to Mitigate Taxes Under Biden’s Proposed Tax Law Changes

Despite being in one of the lowest tax environments in history, I think it is safe to say that most Americans want to reduce their tax liability where they can and pay only what they owe. President Biden proposed sweeping tax law changes to tax rates and codes in April 2021 through the American Families […]

The Importance of Talking About Money Shame for Financial Wellbeing

The Importance of Talking About Money Shame for Financial Wellbeing

For many of us, money can be a source of stress, anxiety, and even shame. In fact, I’d dare to say that we’ve all felt this way about our finances to some degree at one stage or another. So if you currently find yourself feeling ashamed of your financial situation or choices, the important thing […]

How to Make the Right Life Insurance Choices for You and Your Family

How to Make the Right Life Insurance Choices for You and Your Family

The purchase of life insurance is one of the most important protections that you can put in place to protect your family and the life you are building in the event that you pass away unexpectedly. It’s one of those things that people generally know they need, but don’t know when to purchase, or how […]

Inherited IRA Rules and their Financial and Tax Implications

Inherited IRA Rules and their Financial and Tax Implications

Over the next twenty years, younger generations are likely to inherit retirement accounts in large amounts. In fact, during those two decades, it is expected that Baby Boomers will transfer $30 trillion in wealth. Some of those assets will be in retirement accounts like 401(k)s and Individual Retirement Accounts (IRA). While the younger generation is […]

Leveraging an ABLE Account

Many families who have a child with special needs find themselves navigating complex rules around qualifying for Supplemental Security Income (“SSI”). SSI is available once an individual with a disability turns 18, and families need to plan for eligibility of government benefits before that birthday to ensure that they do not jeopardize government benefits available […]