Ah, taxes, everyone’s favorite subject! To be fair, I have friends who actually enjoy diving into tax tables and itemizing deductions, which is wonderful! But that is not the majority of people I know. Our tax system is challenging. Yet, we all must learn to navigate it, to some extent. …
“What would you do if you won the lottery?” It’s a fun mental exercise that many people like to play, whether they actually buy a lottery ticket or not. The possibilities seem endless, and the empowerment seems tantalizing. But the reality isn’t always what we dream. Lottery winners are known …
With another round of stimulus checks on their way, this is a great time for fraudsters to pounce. Don’t be a victim! Follow these smart tips: If you receive a suspicious email or text message, DON’T respond, click on links, or open attachments. Banks and government agencies will NOT ask …
I often find that when people come to me for financial advice, they get more than they bargain for. A conversation about the stock market? Sure. Tips on how to save for a future goal? You bet. Observations about the opportunities available to you in your current situation? Absolutely. But …
Did you know there’s a difference between “getting the max employer match” in your 401k and “maxing” your 401k contributions? I often hear this used interchangeably, but the differences are significant! How significant? Try this: the MAXIMUM employee contribution to a 401k plan for 2020 is $19,500 if you are …
A.I., or artificial intelligence, can be found everywhere these days: from marketing (“you might like this…” based on what you bought last time) to traffic (in Austin, the price for some toll roads changes based on traffic flow). A.I. is a powerful technology that can be attractive in many industries. …
Can you recall a time when you felt really “in the zone”? Whatever you were doing, it felt like you were laser-focused, in the flow, making all the right moves, and knew exactly what to do and when. These “flow” moments don’t always last long, but when they are here, …
I recently read a survey about investor satisfaction levels with their financial advisors. The interesting twist was how sentiment has changed, pre- and post- (well, current, anyway) the COVID pandemic. The article’s slant was that investors are less satisfied with their advisors now (“post” pandemic) than they were in January, even …
You’ve planned carefully, crossed your T’s and dotted your I’s, completed the last of your tasks/duties, said farewell to your coworkers, and cut the cake. Congratulations, you’re retired! Now what?? Retirement is one of life’s significant transitions. As such, it is not a “one and done” event, despite what you …
Economic impact payments are being sent from the IRS automatically to those who are eligible. Whether you are expecting payment or not, you should be aware of potential scams that are used to exploit taxpayers during these confusing times. Here are a few tips on how to spot a potential …
