Tax-loss harvesting means taking capital losses (selling securities for less than what you initially paid for them) to offset any capital gains you may have.

As we plan for retirement, have you considered planning for long term care?

Are you making charitable donations at year's end? If so, you should know about some of the financial "fine print" involved, as the right moves could potentially bring more of a benefit to both you and your chosen charity.

Use a 529 plan to fund a grandchild’s education without impacting their financial aid eligibility.

The SECURE 2.0 Act allows savers to roll unused 529 funds into the beneficiary's Roth IRA without a tax penalty. But that's probably not a reason to overfund 529s.

Some of the biggest challenges many face when it comes to education are financial. Luckily, a 529 college savings plan can help. And they're not just for college anymore - added to the tuition eligibility are K-12, private and religious schools.

One study estimates the average cost of raising a child to the age of 17 for a middle-income family is about $310,605. As a point of comparison, the median home price in the U.S. was $417,700 at the end of 2023.

New retirees sometimes worry that they are spending too much, too soon. Should they scale back? Are they at risk of outliving their money? This concern may be legitimate. Some households…

Anyone who has gone through the process of mapping out their retirement knows there can be a lot to keep in mind.

A retired couple age 65 can expect to need about $315,000 saved to cover healthcare expenses in retirement. With healthcare expenses in the spotlight, it’s incumbent upon us to make sure our retirement strategy anticipates these costs.

How do you picture your future? Some see retirement as a time to start a new career. Others see it as a time to travel. Still others plan to spend more time with family and friends. With that in mind, here are some things to consider.

Required Minimum Distributions, also known as RMDs, are the IRA’s way to tax the deferred savings built up in retirement accounts such as IRAs and 401Ks. In the eyes of the IRS, these accounts are to be used during a saver’s lifespan rather than to be passed along to the next generation while maintaining their tax-deferral.

Approaching retirement is an exciting time for most people. Spending time thinking how you will live out your “golden years” is something that we all look forward to.

You’ve worked hard for many years to accumulate and grow your wealth. Now is the time that you depend on that wealth to get through retirement, which could last 30 years or more!

Ideally, you want your portfolio to start producing enough dividend and interest income to fill the gap between income from social security and any possible pensions you may have and what your expenses will be during retirement.

A New year, a new financial you!! As we are still early in the new year, now would be a good time to make some financial planning resolutions.

Buying High yield savings, T-bills, and CD’s will help!

"Compound interest is the 8th wonder of the world, those who understand it, earn it, those who don't.. pay it." Albert Einstein

My great Aunt June recently passed away at 102 years of age. She was an incredible person and lived life to the fullest. June was born in New York City, graduated from University of North Carolina (80 Years ago) and was a very well…