Tax incentives for purchasing clean (electric) vehicles and installing high-efficiency home improvements are some of the featured provisions in the recently-passed Inflation Reduction Act (IRA). Here’s a closer look at some of the bill’s tax…

If you are nearing your 60s, one of the most important financial decisions of your lifetime is when to take Social Security benefits. It’s complex depending on your income, your spouse’s income, the number of…

One of the least discussed, but most important, items to have available to your survivors is a binder or file that contains all your financial information. This includes accounts, insurance policies, deeds, titles and more,…

The death of a loved one is a heart-wrenching event. In addition to experiencing grief, survivors must deal with the individual’s funeral arrangements, personal items and property, and financial assets and liabilities. Sadly, this can…

It’s a fact. More than 37% of divorces happen to those 55 and older. I’ve seen it with clients and friends—once the children are grown, many couples realize they have little keeping them together beyond…

Millennials may be the first generation to do worse than their parents financially. The Great Recession, sky-high college debt, the pandemic turmoil, and record-high inflation have put a dent in the dreams of many of…

As a parent, I have seen the benefit of saving early in a 529 plan to manage college costs and limit student loans. Over time, the 529 college savings account can provide tax-deferred earnings growth,…

Early in your life, time is on your side. Saving even a small amount regularly over many years can produce a nest egg much larger than someone who starts saving later in life due to…