Let’s face it, in today’s world, managing your personal financial affairs can be complex. There are many decisions that need to be made on a weekly or even daily basis. For a large and growing segment of the population, who are trying to help (often unwilling) aging parents with their finances, this can be incredibly frustrating, stressful and burdensome.
With nationwide college costs continuing to rise, it has never been more important for parents to develop a savings strategy to help cover these costs.
For the last several weeks, the media spent a great deal of time covering the fiscal cliff and the upcoming changes in the tax code. At the eleventh hour, Congress passed the American Taxpayer Relief Act of 2012 that seeks to solve some of the tax questions that have been hanging over our heads for the last several months.
An adequately planned and properly executed estate plan can ensure that your assets will pass directly to your intended heirs with the least amount of cost and hassle. Here are 7 essential elements when establishing a sound estate plan:
Contribution limits to IRAs and other employer-sponsored retirement plans have changed for 2013. Here are the most recent deferral limitations:
The News & Observer recently interviewed Chip Hymiller, CFP® to ask his opinion about the Fiscal Cliff and what it could mean for investors. Click here to read his response.
Small business owners have a number of alternatives to choose from when it comes to establishing retirement plans for their business. Each plan type can vary in their contribution level and matching requirements, as well as their ongoing regulatory and administrative burden.
We are often asked about our outlook for the economy and the financial markets from clients, journalist and peers. We generally believe that the investment markets are efficient and accurately reflect all of the information currently available. However, it is important to have an idea of where the economy may be headed. Not necessarily from the standpoint of “timing” the investment markets, but rather from a standpoint of managing return expectations and developing a framework for rebalancing and positioning portfolios.
Improving financial markets have created a renewed interest in charitable gifting. One particular tool that can be very effective in helping you achieve your charitable objectives is a donor-advised fund.