When making donations it's important to consider whether you should be donating cash or stock to charity. In this week's video, Tom explains the differences between public and private charities. As well as, answering whether you should donate cash or stock to...
Managing your cash flow is at the heart of all personal finance. Whether investing for the future, applying for a mortgage, planning for retirement, or paying down debt, you have to know your numbers. We talked on a recent podcast about how some things cost more now...
In this week's podcast, Tom, Brendan and Casey discuss the highest inflation reading in over 30 years. The guys share their thoughts on how to best handle inflation from an investing and financial planning standpoint. Nobody likes to pay more for everyday items. Tune...
Many folks turn to gifting strategies as a way to help their loved ones, while reducing their taxable estate. But how to go about it can be confusing. In this week's video, Tom breakdowns the best way to gift to individuals. He covers how much each individual can...
Catch-up contributions allow workers approaching retirement age to contribute excess money into their retirement plans. 2021 is winding down but there is still time to make these extra contributions if you meet the requirements. In this blog post, we'll cover what...
In this week's podcast, Casey breakdowns three of the most popular misconceptions we hear about what inflation means for your investments. He highlights how stocks are the best inflation hedge we have. As well as touching on two common alternatives we often hear...
In this week's video, Casey discusses a research report from Morningstar that details how active funds have recently compared to their passive counter parts. This question drives at what makes investing so difficult, and interesting. So it's useful to put some numbers...
Saving money into a 401(k ) plan is a great way to help your future self. But you should not plan on touching this money until later in life. Exactly when that will be depends on the individual. The rules state that you cannot withdraw money from your 401(k) until you...
In this week's podcast, Brendan and Casey discuss the 5.9% cost of living adjustment (COLA) to Social Security checks starting in 2022. They breakdown how the COLA is calculated, how these adjustment are built into financial plans and so much more. Social Security is...
If you are saving money into a tax deferred investment account, odds are you will have to take a required minimum distribution at some point. If you are already taking your RMDs, the deadline to do so for 2021 is December 31st. Tax deferred investment accounts are a...
