Have you recently welcomed a child or grandchild into the world? They might be eligible for a financial head start. Here’s how to open a Trump Account and access $1,000 seed money from the federal government.
By Madison Bennett, CFP®, CFT-I™ The Medicare mail starts arriving in September, and most of it looks just like last September's, which can make it tempting to skim and move on. However, integrating this review into your broader financial planning…
You spent 30 years living below your means. Your adult child needs help buying a home, and you have the money sitting right there in your retirement account. Many parents in that moment aren’t asking whether they can afford it… they’re asking whether saying no makes them a bad parent. Here’s how to think through that answer without putting your retirement at risk.
By Madison Bennett, CFP®, CFT-I™ Figuring out your finances after losing a spouse can be exhausting and confusing. And when you’re grieving such a significant loss in life, handling the numbers and your heart at once can seem next to…
Ladies, maximize your benefits with these 3 smart Social Security timing tips—plan now, retire stronger!
There is a certain legal document that is often frequently overlooked. Most people are ignorant to its importance, and most lawyers do not discuss it. The document is called the temporary guardianship/custody form and associated copy of a minor’s insurance…
When clients provide me with a mortgage interest statement, they assume that all of the mortgage interest will be tax-deductible. This assumption was somewhat true under the tax laws before 2018, but since 2018, it will be true only on…
Over the past few days you have inevitably heard that the markets have declined in value. We would also likely believe that this message has likely been delivered to you in a way that highlights fear, and further impending doome…
This article has two purposes: First, to highlight the typically unknown risk of owning a home that lacks full-time residents. Second, to explain the difference of what it means for a home to be either unoccupied or vacant. The nuances of these two…
There seems to be a lot of talk in the news these days about active investing and passive investing. It appears that a lot of people don't really know the whole story. When people use the terms active investing and…