The Setting Every Community Up for Retirement Enhancement Act, better known as the SECURE Act, was signed into law on December 20, 2019. This is one of the most sweeping changes to our retirement system in more than a decade, and the new provisions under the law are...
The best advice is to start now, because time is the most important factor in preparing for retirement. Saving for retirement is a daunting task. It requires cutting back current spending in order to fund an unknown future. We don’t know how long we will live....
In the early 1990’s, I started my career in the financial industry with one of the most well-known Wall Street firms. Many changes have occurred since 1993. Thousands of different investment strategies have been created. Banks and insurance companies have become...
When saving for retirement, many people use a combination of tax-deferred and taxable investment accounts to boost retirement savings. But how should you allocate your portfolio between them? Is it better to put high growth assets in the tax-deferred accounts or is it...
There’s an anonymous quote that is very fitting given the new realities of our current tax environment, “I’m putting all my money in taxes — it’s the only sure thing to go up.” Yes, taxes have gone up for many Americans, and it’s my opinion that our politicians will...
Health savings accounts are one of the most tax favored savings vehicles available to Americans. Since they are completely tax free — funded with pre-tax dollars and not subject to taxes at withdrawal —they are a great way to save money for future medical costs. In...
