When Is the Right Time to Hire a Financial Advisor?
Many people think you shouldn’t hire a financial advisor until you have accrued a great deal of assets. However, that’s ...
Pay Attention to How Your Accounts are Titled
Do you have sizeable jointly-held accounts with your spouse? Is your estate large enough that it could be subject to ...
Annuity
What Is an Annuity? An annuity is a contract with an insurance company that guarantees current or future payments in ...
Revocable Trusts vs. Irrevocable Trusts: What Is the Difference?
A trust is an ideal way for individuals to transfer assets either during life or after their passing. At a ...
Brief Update: New Executive Order May Help Small Businesses
Last week, President Biden announced an executive order aimed at accelerating the country’s path out of the pandemic. There are ...
What is a Mega Backdoor Roth IRA?
Most people have heard of Roth IRAs. Those who qualify typically contribute and those who do not qualify can sometimes ...
401(k)
What is a 401(k) Retirement Plan? A 401(k) is an employer-sponsored retirement plan that allows employees to defer a portion ...
Volatility
Volatility Definition Volatility is the amount and frequency with which an investment fluctuates in value. A volatile market gives traders ...
Power of Attorney
What is Power of Attorney POAs are legal documents that allow you to name an “agent” (also sometimes referred to ...
Diversification
Diversification Definition Diversification is the process of owning different investments that tend to perform well at different times in order ...
Margin Lending
Margin Lending Definition Margin lending is the practice of borrowing money from a brokerage account while leveraging investment assets as ...
Required Minimum Distribution
What is RMD Required Minimum Distributions (RMDs) are withdrawals that the IRS requires you to take from tax-deferred accounts (such ...
