3 Ways to Help Senior Clients Through the COVID-19 Pandemic

3 Ways to Help Senior Clients Through the COVID-19 Pandemic

from Thinkadvisor.com / By Christopher Ciano and Cara McNulty While the impact of the COVID-19 pandemic has affected us all, it’s no secret that seniors are more prone to feelings of isolation than others—even outside of times of social distancing. No matter the...

How Wealthy Investors Look for a Financial Advisor

How Wealthy Investors Look for a Financial Advisor

It’s a common assumption that wealthy individuals already have financial advisors assisting them, making them difficult to engage as prospects. But this isn’t always the case; some have quietly accumulated wealth over their lifetimes without the help of others –...

Understanding Whole Life Insurance

Understanding Whole Life Insurance

Whole life insurance is one type of permanent life insurance that can provide lifelong coverage. It provides a variety of guarantees, which can be appealing to someone who doesn’t want any guesswork after buying life insurance. Whole life insurance combines an...

How To Manage Financial Risk Starting A Business In Retirement

How To Manage Financial Risk Starting A Business In Retirement

Modern retirement is no longer a career-ending event, but instead, often a professional reinvention. “For many people, retirement is a time to take on an encore career or start a new business,” says Jamie Hopkins, director of retirement research at Carson Group. Just...

I.R.S. Free File For Retirees and Seniors

I.R.S. Free File For Retirees and Seniors

WASHINGTON – Seniors and retirees whose incomes are under $69,000 a year should explore IRS Free File for free online tax preparation. Seniors are among the key constituents for Free File which has served 57 million taxpayers and saved them $1.7 billion since the...

How the SECURE Act Will Affect Business Owners

How the SECURE Act Will Affect Business Owners

The SECURE Act was passed at the end of 2019, and with it came a variety of unintended and unexpected consequences surrounding tax planning. The tax analysis of the bill shows it’s expected to be a tax revenue generator for the government over the next 10 years.  The...

Five Reasons To Get Life Insurance Now

Five Reasons To Get Life Insurance Now

From landing your first real job to living in your own apartment to balancing your own budget, adulting can be hard. It’s easy to get caught up trying to navigate life and stay afloat as a young adult. You have new expenses and places to put your money: Think 401k or...

How To Keep Your Retirement Account Safe From Cybercriminals

How To Keep Your Retirement Account Safe From Cybercriminals

Hackers are targeting new types of financial accounts, including customer reward programs and retirement plans. The thought of losing your life savings to hackers can be terrifying — and it’s why two of Houston financial adviser Michelle Gessner’s clients didn’t want...

FOMC Raises A Special Interest Rate On Bank Reserves

FOMC Raises A Special Interest Rate On Bank Reserves

WASHINGTON (MarketWatch) - The Federal Reserve left its benchmark short-term interest rate unchanged again in January, but it did slightly raise a special reserve rate it charges to banks. The Fed reaffirmed its prior view that inflation is low and the economy is...

Brexit Done: How It Happened and What’s Next

Brexit Done: How It Happened and What’s Next

LONDON and WASHINGTON -- It took one referendum, two general elections, three prime ministers and nearly four years, but on Friday, the U.K. will finally be leaving the European Union. For anyone following the tumultuous path to Brexit since the U.K. voted to leave...

Avoid Three Estate Planning Mistakes

Avoid Three Estate Planning Mistakes

Planning for death is like any other transition of life, except this is one we can make easier for our loved ones. Don’t let the process of settling your estate, a process commonly known as probate, get in their way — and cost them more money. After you die, your will...

Succession Planning Strategies For The New Year

Succession Planning Strategies For The New Year

With a new year on the horizon, it’s natural to start thinking about potential resolutions for 2020. Unfortunately, more than three-quarters of those resolutions won’t make it past February. While there may not be much harm in not reading as much as you intended or...

Should You Buy Digital Smart Locks For Your Home?

Should You Buy Digital Smart Locks For Your Home?

Charlotte Pfahl, 68, prefers using an old-school mechanical key to access her New York City apartment. So when her landlord modernized the building and installed a smart lock in 2018, she and several other residents over 65 were not thrilled about it.  A few didn't...

Women Should Be Her Own Chief Financial Officer

Women Should Be Her Own Chief Financial Officer

Over the past two decades, I have specialized in advising women in moments of transition. This has given me the unique opportunity to observe women’s financial practices and attitudes during the window in which they are most open and most vulnerable. Oftentimes, this...

Creating A Private Foundation

Creating A Private Foundation

Starting an organization to pursue your philanthropic passions can add a new level of meaning to your life—as long as you know how to avoid the pitfalls. On September 11, 2001, Nashville-based healthcare entrepreneur Donato Tramuto was supposed to be aboard United...

What SBO’s Should Know About Wrongful Termination Lawsuits

What SBO’s Should Know About Wrongful Termination Lawsuits

Employment discrimination and wrongful terminations are one of the most common types of lawsuits filed against small businesses. These violations can sometimes occur due to process mismanagement or lack of understanding of relevant laws, but it's important for...

Retiree FAQ: Is Social Security Keeping Up With Rising Costs

Retiree FAQ: Is Social Security Keeping Up With Rising Costs

One of the most asked about topics for any retirement planning professional is Social Security. It is one of the most important pieces of income for most retirees, and is often the least understood. As major overhauls to the program are kicked down the road, there...

Hiring Picked Up In January

Hiring Picked Up In January

The numbers: The U.S. created a robust 225,000 new jobs in January to get off to a good start in 2020, reflecting surprising resilience in the labor market even though manufacturing has contracted and the economy has softened. The economy has added an average of...

These 3 Tax Myths Could Actually Hurt You

These 3 Tax Myths Could Actually Hurt You

With tax season officially open as of Jan. 27, taxpayers may feel a familiar sense of anxiety. In fact, about 1 in 3 taxpayers told Credit Karma Tax in a recent survey they typically get anxious about prepping their taxes. Tax anxieties are higher among younger...

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