As the year comes to a close, charitable giving often takes center stage. Whether you’re inspired by the season of giving or looking to reduce your tax bill, it’s important to make sure your generosity aligns with IRS guidelines. Overlooking key tax rules could mean losing out on valuable deductions—or worse, facing complications during tax season.
Giving Tuesday is the global day of giving that reminds us there’s more to the holiday season than just maxing out our credit cards. It’s when we switch gears from consumerism to altruism. But how can you make the most of this special day without feeling overwhelmed by the endless causes vying for your attention? Let’s take a look.
With the election results in, many families are curious about how Trump's second term will affect their finances. With Trump securing a second term, there are several key areas to watch closely: tax policies, estate planning, and trade policies. Let’s break down what you need to know.
Due to a mix of social, economic, and lifestyle factors, women are often at a disadvantage when it comes to retirement planning compared to men. But here's the good news: while the stats show that retirement planning is a steeper climb for women, by understanding the systematic challenges and by using the right strategies, women can overcome these hurdles and take charge of their retirement goals.
As a financial advisor, one impactful way I can help combat global warming is through investing with a purpose. This strategy, often referred to as impact investing, allows us to put our money into companies and projects that strive to make a positive difference in the world.
We like to think our financial choices are purely our own – driven by personal desires, careful planning, and a clear set of goals. But if you’ve ever found yourself buying something just because everyone else seems to have it, you’ve experienced the subtle (and sometimes not-so-subtle) impact of peer pressure.
As a parent, you’re always on the lookout for ways to make sure your child is set for the future. But have you ever thought about giving them a head start with a Roth IRA? Sounds kind of grown-up, right? Well, it’s actually a super smart way and powerful tool to boost their long-term financial security, and it’s easier than you might think!
As the political landscape heats up with every election cycle, it’s natural for investors to feel a bit anxious. The media often amplifies the stakes, making it seem like the outcome of an election could make or break your financial future. However, seasoned investors and financial advisors know that letting an election dictate your investment strategy is not only unnecessary but potentially detrimental.
Federal Reserve Chair Jerome Powell recently hinted at the possibility of reducing short-term interest rates. While not a promise, his mention of a potential move at the next Fed policy meeting in September indicates that a rate cut is likely1. But why?
Over the past few days, the stock market has experienced significant volatility, with major indices like the Dow Jones Industrial Average (DOW), the S&P 500, and the Nasdaq Composite all taking a hit1. Here are the key points:
