Broker Check

PO Box 938, 2 W Oakland Ave., Ste 200, Oakland, FL 34760

(407) 395-9720
mike@laportefinancial.com
Account Access

Hot Topics

Friday, May 1, 2026

If you're nearing retirement in Oakland, Winter Garden, or Central Florida, this blog outlines six key questions to help you prepare, make informed decisions, and feel confident about what’s ahead.

Friday, May 1, 2026

Retirement is more than finances. In this blog, we share five key questions to help you stay engaged, find purpose, and make the most of your next chapter after leaving the workforce.

Wednesday, April 1, 2026

Receiving an inheritance can bring both opportunity and complexity. Learn key considerations to help Central Florida families make thoughtful, informed financial decisions.

Wednesday, April 1, 2026

April is Financial Literacy Month. Learn the key money skills every family should understand, from managing debt and budgeting to investing and retirement planning, so you can make confident financial decisions at every stage of life.

Monday, March 2, 2026

Spring is here, and if you're like most people, you're thinking about cleaning out closets, organizing the garage, or finally tackling that overgrown flower bed.But when was the last time you gave your finances the same attention?Just...

Show All

Tuesday, February 10, 2026

Tax season is here. Whether you're a family building wealth or a retiree managing income, this guide covers what Central Florida residents need to know about 2025 taxes—from Big Beautiful Bill deductions to Florida-specific benefits and sma

Monday, February 9, 2026

Whether you're planning a family trip to Disney World or finally booking that European river cruise you've been dreaming about, vacation planning can feel overwhelming. Between flights, hotels, activities, and everything in between,...

Monday, February 9, 2026

Money might not be the most romantic topic, but it's one of the most important conversations you can have with your partner. Whether you're newlyweds building your life together in Orlando, raising a family, or approaching retirement...

Tuesday, January 20, 2026

The new year is here, and if you're like most families in Oakland and the Greater Orlando area, you're juggling a lot: kids' activities, work schedules, household expenses, and somewhere in the back of your mind, that nagging feeling...

Monday, January 5, 2026

The new year is the perfect time to get ahead on your tax strategy. Discover new deductions from the 2025 tax law, retirement planning tips, and Florida-specific advantages to make 2026 your most tax-efficient year yet.

Monday, December 15, 2025

LPL Research is pleased to present Outlook 2026: The Policy Engine. Their annual update offers a thorough analysis of the economy and markets, highlighting potential implications for you. I’m pleased to bring you a few key highlights.

Thursday, November 20, 2025

December has a way of sneaking up on us. One moment you're enjoying Thanksgiving leftovers, and the next, you're staring down the final weeks of the year wondering where the time went. For many of my clients here in Florida, whether...

Monday, November 3, 2025

Nearly 70% of us will need long-term care at some point. For Florida residents over 50, understanding your options is crucial. Explore four key questions to help you decide if long-term care insurance fits your financial plan.

Friday, October 31, 2025

Finish Strong in 2025: 11 Smart Year-End Financial Moves to Set You Up for Success As the holiday season approaches and the year winds down, it’s the perfect time to take stock of your finances. A little planning before the end of the...

Friday, October 17, 2025

Halloween is full of spooky surprises—but your finances shouldn’t be. Discover six “scary stories” families face with money and the simple tricks to turn financial fears into confidence.

Monday, September 22, 2025

From hurricanes and wildfires to floods and tornadoes, natural disasters may strike with little warning and leave lasting damage in their wake. While you may not be able to prevent these events, you may take steps to manage the risks...

Friday, September 19, 2025

If you’re nearing age 65 or already enrolled in Medicare, it’s important to stay up to date on how the program is evolving. Every year brings small changes, and 2025 is no different. Whether you’re planning your first enrollment or...

Monday, August 18, 2025

Back-to-school season is always a busy time, but in 2025, it comes with a bigger-than-normal price tag. Between inflation, tariffs, and general economic uncertainty, everything from pencils to laptops may cost more this year. According...

Friday, August 1, 2025

On July 4th, President Trump signed the “One Big Beautiful Bill Act,” which includes a broad range of tax reform provisions. The provisions listed in the bill may help offer the middle- and working-class Americans much-needed tax...

Friday, July 11, 2025

The "Sandwich Generation" is composed of adults who are ‘sandwiched’ between competing financial responsibilities. Many Sandwich Gen members support their aging parents while also providing for their children (or even grandchildren)...

Friday, July 4, 2025

Your finances are probably one of the last places you want to experience fireworks—unless they are celebratory. With new year's resolutions firmly in the rearview mirror, the summer months allow you to revisit your financial goals and...

Tuesday, June 24, 2025

Many investors still adhere to the old adage—"sell in May and go away"—while others remain fully invested even as the summer heat waves begin. What goes unsaid is that if your asset allocation accurately reflects your risk tolerance,...

Tuesday, June 24, 2025

As we reach the halfway mark of the year, it's a prime opportunity to assess your financial planning goals and review your investment portfolio. This mid-year check-in is essential for ensuring that you stay on track to meet your...

Friday, May 16, 2025

There are often red flags you may notice that indicate your parents have reached a point where they need help with their finances. At first, your parents might be resistant to this, believing they can still manage their financial lives...

Friday, May 2, 2025

Shopping for a life insurance policy doesn’t have to be confusing and overwhelming. If you take some time to understand the basics and how it works, you can better determine the coverage that may be beneficial for you and your family’s...

Friday, April 25, 2025

Financial literacy is crucial to a solid financial future and an enjoyable retirement. No matter your age, when you understand how to manage your money and finances, you can make sound financial decisions and take the needed steps...

Friday, April 18, 2025

In a welcome development for millions of Americans relying on Social Security, the Social Security Administration has recently announced a substantial increase in retirement and disability benefits. Starting in 2025, recipients will...

Wednesday, March 19, 2025

Baseball and financial management can have more in common than meets the eye. Below, we discuss four key lessons that investors—and everyone else—can learn from America's favorite pastime. Diversification of Assets is Critical Having...

Friday, March 7, 2025

Paying your bills on time and only using a portion of your available credit may help your credit score. However, these good habits are not the only factors shaping your credit score. Your credit mix also affects your score. The credit...

Friday, February 14, 2025

Social Security is a vital component of retirement income for many. This government program provides monthly benefits and is funded primarily through payroll taxes. Understanding Social Security benefits and taxation is essential to...

Friday, February 7, 2025

Each year when tax season rolls around, it comes with the burden of figuring out how to file your taxes correctly. The good news is that there are several ways to prepare and file your taxes, depending on your needs and the complexity...

Friday, January 10, 2025

Asset management and financial wellness can help develop long-term confidence when wealth transfers from generation to generation. Understanding and implementing financial wellness techniques is essential for effectively sharing...

Friday, January 3, 2025

What if you focused on your system instead of just your goals? Setting goals for a new year can feel overwhelming. We all know that resolutions don’t last, but we also feel the energy that comes with a new year of possibilities....

Friday, December 13, 2024

When giving gifts to our children or grandchildren, we often default to the latest toys or gadgets. However, the value of these items tends to diminish over time in terms of both interest to the child and monetary value. A different...

Wednesday, December 11, 2024

Friday, December 6, 2024

Year-end charitable giving is often associated with the spirit of doing good during the holiday season. It gives the donor a feeling of satisfaction and, in some cases, a substantial tax write-off. However, one question that often...

Friday, November 22, 2024

There are often red flags you may notice that indicate your parents have reached a point where they need help with their finances. At first, your parents might be resistant to this, believing they can still manage their financial lives...

Friday, November 15, 2024

Military families often face challenges. Planning for the future is no exception. One important thing to think about is long-term care. This means making sure that you or a loved one has the help you need as you get older or when you...

Wednesday, October 16, 2024

Divorce is never easy, but it is important that estate planning continues to take precedence before and after a divorce. Depending on your situation and professional legal guidance, some estate planning items can be updated now.

Wednesday, October 2, 2024

Between work commitments, children’s schedules, and fall cleaning, how much time is left in our busy days to think about financial planning? Many of us choose to delay thinking about our finances until much later.

Monday, September 16, 2024

Modern football has evolved since the late 19th century and players, and referees, have had to adapt to many changes. Our financial advisor says being able to adapt quickly are crucial skills that can help you navigate many aspects in life.

Monday, September 9, 2024

A 529 is a tax-advantaged savings plan that gives you incentives to save money to pay for college or other higher education expenses. Here are some points to keep in mind when navigating your 529 plan.

Friday, August 9, 2024

If you're someone who tends to avoid cable news programs, you may wonder about the best way to stay up-to-date on the current economic climate. Fortunately, there are more options than ever — and thankfully, not all of them need to...

Wednesday, August 7, 2024

Stocks must have gotten the memo that August tends to be weak historically. July, the eighth positive month in the past nine, was quickly forgotten as the beginning of August greeted us with a selloff. The primary catalyst was August...

Friday, August 2, 2024

Although inflation is down from an all-time high, people are still pinching their family wallets—especially when it comes to back-to-school shopping.¹ Whether you're buying for one student or several (or even for yourself), you may...

Wednesday, July 31, 2024

For young professionals, the current economic climate presents a unique mix of opportunities and challenges. Recent reports, including a robust hiring spree with 275,000 jobs added in February, showcase the resilience and dynamism of...

Friday, July 26, 2024

For those unfamiliar with the “baby boom,” it is the period that stretches from 1946 to 1964, children born at the tail end of the trials and tribulations of World War II right up to the start of the Vietnam War. It is true that baby...

Friday, July 19, 2024

If you're a high earner, you may be interested in partnering with someone with similar education, income, and goals. Becoming a financial "power couple" can help you both achieve your goals sooner. Because money disputes are one of the...

Friday, July 12, 2024

As the U.S. population continues to age, the “sandwich generation” is caught in the middle, supporting both their parents and their children, whether financially, physically, or emotionally. This generation is the middle-aged...

Thursday, July 11, 2024

Friday, July 5, 2024

If recent market volatility has you questioning your opportunities for financial freedom, you are not alone. Due to rising inflation, higher interest rates, a volatile stock market, and recession fears, many investors find themselves...

Monday, June 24, 2024

With rising housing prices and interest rates, you may feel pressured to jump on the carousel to avoid being left behind. However, a home is one of the most expensive purchases most Americans will make.

Monday, June 17, 2024

If you're like some, you may have spent large parts of your working life missing the carefree summer days of your childhood. That is, of course, assuming you had a happy childhood.

Monday, June 10, 2024

Annuities can be powerful financial planning tools. Most often used as an insurance product, an annuity can also be used as an investment vehicle, as a way to turn lump-sum income into a stream of payments.

Monday, June 3, 2024

When it comes to planning for retirement, you may feel as though you've already explored all your options. From traditional and Roth IRAs to 401(k) plans, pensions, and even health savings accounts (HSAs).

Friday, May 31, 2024

529 plans are a tool for those looking to save for college for their children, grandchildren, or any family member. While most people know that they are one of the most popular saving methods for college, many myths surrounding these...

Friday, May 24, 2024

What is it? There are a number of family trusts that estate planners generally no longer use, either because they have lost certain tax benefits or because they are simply no longer a favored method of gifting. These trusts include the...

Friday, May 17, 2024

Once you are in your 60s, you are likely to focus less on growing your retirement funds than answering, "When do I retire?" And once you crack open your nest egg, how should you allocate its contents? The answer often lies in a...

Friday, May 10, 2024

To maintain good physical health, most people must exercise regularly, eat a balanced diet, and keep stress to a minimum. Achieving financial wellness is no different. It requires careful planning, smart decision-making, and consistent...

Friday, May 3, 2024

Life insurance has its benefits, and choosing a manageable life insurance policy is a critical step in your retirement planning. It can help your family cover end-of-life expenses, funeral and burial costs, and pay for estate taxes. It...

Friday, April 26, 2024

Twenty-one U.S. states, including Kentucky, Texas, and Virginia, require public schools to provide high school students with financial literacy courses.1 But even among the school systems that provide general financial education to...

Friday, April 19, 2024

Learning financial literacy, such as money management, budgeting, and investing, can seem daunting, but is no different than learning how to speak another language. Being financially literate allows you to have a better, more...

Friday, April 12, 2024

Unlike verbal literacy, financial literacy isn't often taught in schools—which means that many people may enter adulthood without having all the tools they need to make informed and effective financial decisions.[1] Fortunately,...

Friday, April 5, 2024

Financial literacy is crucial to a solid financial future and an enjoyable retirement. No matter your age, when you understand how to manage your money and finances, you can make sound financial decisions and take the needed steps...

Friday, March 29, 2024

There are two things Americans have always looked forward to: going to the ballpark for the big game and retiring after a fulfilling career. Interestingly, baseball and retirement planning have several aspects in common. Taking the...

Friday, March 22, 2024

March Madness is upon us, and for basketball fans and investors alike, it's the most exciting time of the year. As the top college basketball teams prepare to tip off the Sweet 16 and the Elite 8 at the NCAA Tournament this weekend,...

Wednesday, March 13, 2024

Your credit report contains information about your past and present credit transactions. It's used primarily by potential lenders to evaluate your creditworthiness.

Thursday, March 7, 2024

As spring approaches, the weather is starting to warm up. For the stock market, the temperature has been rising for a while now. In fact, since December 2023, the S&P 500 has not experienced a pullback of even 2%. Strong starts to...

Wednesday, March 6, 2024

A personal credit crisis is something many people fear, as it can lead to financial ruin and burden an individual with immense debt. Fortunately, steps can be taken to avoid such a crisis.

Wednesday, February 28, 2024

Regardless of the stage of life, your credit score is an essential component of your financial health when you're in retirement.

Wednesday, February 21, 2024

Retiring early as a couple is a goal shared by many, and if planned comprehensively, it may provide opportunities for travel, passion projects, and more quality time together.

Wednesday, February 14, 2024

Wealth transfer is more than just a financial transaction; it's an opportunity for families to pass on their values, wisdom, and a legacy of love.

Wednesday, February 7, 2024

Looking for ways to save "I love you" on Valentine's Day? Then you may want to consider opening a spousal individual retirement account (IRA). This gift says, "Let's grow old together comfortably," and shows your partner that you care.

Friday, February 2, 2024

Tax identity theft is a serious type of fraud that affects individuals of all ages and stages of life. To steal a person's tax identity, a scammer uses that person's Social Security number and other personal and financial information...

Wednesday, January 24, 2024

It's nice to own stocks, bonds, and other investments. Nice, that is, until it's time to fill out your federal income tax return. At that point, you may be left scratching your head.

Friday, January 19, 2024

Capital gains taxes might sound like a complex financial term reserved for Wall Street tycoons, but in reality, they touch most investors and many homeowners. Whether you're selling stocks, a piece of real estate, or that vintage...

Friday, January 12, 2024

Many IRA and retirement plan limits are indexed for inflation each year. Several of these key numbers have increased once again for 2024. How much can you save in an IRA? The maximum amount you can contribute to a traditional IRA or a...

Friday, January 5, 2024

Stocks defied the skeptics in a very unpredictable 2023. The Dow Jones finished at an all-time record high on December 28, and the S&P 500 came within a whisker of a fresh all-time high after the index rallied more than 20% for the...

Wednesday, January 3, 2024

Determining how your income impacts Social Security (SS) taxes is important for tax planning. Factors that determine how much pay SS tax you pay, depending on your circumstances.

Thursday, December 14, 2023

LPL Research recently unveiled Outlook 2024: A Turning Point, which recaps where markets have been over the last half of 2023 to help position your portfolio through midyear of 2024. It’s with pleasure that we bring you a few of...

Friday, December 8, 2023

At the end of the year, it is necessary to reflect on your financial picture, review the last 12 months, and plan for the future. With all that is involved, it can seem overwhelming. Consider breaking up the responsibilities over 12...

Wednesday, December 6, 2023

Solid gains for both stocks and bonds gave investors a November to remember. As financial markets continue to defy skeptics, I’m reminded of a quote from Warren Buffett’s long-time partner and one of the greatest investors...

Friday, December 1, 2023

If the end of the year has you in planning mode, you’re not alone—starting a new year may be a great opportunity for a review and renewal. What steps might you take for next year?  Review Asset Allocations Most...

Friday, November 24, 2023

For many of us, a new year is an opportunity for fresh starts and discovering the best versions of ourselves, but some things—like tax contributions and retirement deadlines—don't change much, if at all. And with that shiny...

Friday, November 17, 2023

What are year-end investment decisions? Year-end investment decisions may sometimes result in substantial tax savings. Tax planning may allow you to control the timing and method by which you report your income and claim your...

Thursday, November 16, 2023

Whether you are just entering your golden years or are already several years in, setting goals to stay on track and maintain your health, happiness, and finances is essential. So why not use the New Year's holiday to turn these goals...

Thursday, November 16, 2023

In Charles Dickens's timeless classic, "A Christmas Carol," Ebenezer Scrooge transforms from a miserly old man to a generous and empathetic soul. Along the way, he encounters the Ghosts of Christmas Past, Present, and Yet to Come, who...

Thursday, November 16, 2023

Just as every snowflake is unique, so is every person's retirement plan. Though there are some general strategies that can be helpful—contribute at least 10% of your salary; have at least one year's salary saved for retirement by...

Thursday, November 16, 2023

At the end of the year, it is necessary to reflect on your financial picture, review the last 12 months, and plan for the future. With all that is involved, it can seem overwhelming. Consider breaking up the responsibilities over 12...

Friday, November 10, 2023

A trust is a legal vehicle that protects your assets that contains instructions for your assets when you die or become incapacitated. When you set up a trust, you transfer assets from your name into your trust's name while you still...

Wednesday, November 8, 2023

The penultimate month of the year is often a time to reflect and offer thanks. And while economic and geopolitical uncertainty can overshadow the positives, there are things to be thankful for. Here is just some of what we’re...

Friday, November 3, 2023

A 401(k) plan is one of the most popular and effective techniques for saving for your retirement. A company will automatically withdraw and contribute money from each paycheck to your 401(k) plan. Some employers will even match a...

Friday, October 27, 2023

What is this strategy? If you work after you begin receiving Social Security retirement benefits, all or part of your retirement benefit may be withheld if your earnings exceed the retirement earnings test exempt amount. However,...

Friday, October 20, 2023

It is common for people to put off planning their estates. After all, no one wants to anticipate their death. In addition, many may believe that only the wealthy require estate planning or that all that is involved is tax planning,...

Friday, October 13, 2023

Have you ever thought about what would happen if you or a family member were no longer able to live independently? What if your elderly parents were no longer able to drive or perform basic activities of daily living, such as bathing...

Friday, October 6, 2023

For some people, the thought of using financial services is a scary experience. It involves planning for a future where you may not know how the economy may be, how your health may be, or what your financial needs might be. One of the...

Friday, September 29, 2023

Government shutdowns have become a recurrent feature of American politics, with their origins dating back to the late 20th century. These shutdowns, which occur when the U.S. government fails to pass a budget or spending bill, can have...

Wednesday, September 27, 2023

The government is likely to shut down on October 1, as Congress has failed to agree on some type of funding legislation for the 2024 federal fiscal year. Lawmakers are supposed to pass 12 different spending bills to fund agencies...

Friday, September 22, 2023

Having a solid life insurance policy in place is crucial for any adult who has assets, a business, or a steady income. While most adults know that having a life insurance policy is a vital piece in their financial puzzle, there are...

Friday, September 15, 2023

Many people know that life insurance is important to have, and yet not enough actually get it. Some decide they’ll get it later in life while others feel it’s a waste of money because they don’t have any health issues...

Monday, September 11, 2023

Financial markets lived up to their reputation during the month of August, which has a record for being difficult. On the first day of August, markets had to contend with a downgrade of U.S. long-term debt by the rating agency, Fitch....

Friday, September 8, 2023

How much life insurance do you need? Your life insurance needs will depend on a number of factors, including the size of your family, the nature of your financial obligations, your career stage, and your goals. For example, when you're...

Friday, September 1, 2023

Obtaining a life insurance policy is part of being an adult. But it’s also something that you can easily neglect, especially if you obtained it earlier in adulthood. While you may have been diligent in securing your life...

Tuesday, August 22, 2023

Estate planning is critical for efficiently transferring your money, property, and assets to your beneficiaries after you die. The reason people choose an estate plan is that it avoids probate. One thing to keep in mind about...

Tuesday, August 15, 2023

Building family traditions can be a great way to solidify the family bond. In fact, traditions and rituals often tell a story about your family—serving as real reminders of what helped shape your lives together. They also build...

Tuesday, August 8, 2023

Retirement planning is a constantly evolving process. Strategies that may have worked fine a few years ago may no longer be the optimal direction to continue. Your life may have taken unexpected turns, you may have different retirement...

Wednesday, August 2, 2023

Establishing and sticking to a budget is an important life skill to learn, even for college students who are focused on keeping up their grades and getting a good job when they graduate. Budgeting may help them understand how much...

Tuesday, July 18, 2023

In a 6 to 3 vote, the Supreme Court struck down the Biden administration’s student loan forgiveness plan denying a chance for at least 43 million eligible participants to eliminate up to $20,000 of their debt.Despite new actions...

Monday, July 17, 2023

At LPL Research, our 2023 investing outlook started with a theme of returning to normalcy. Considering 2022’s market volatility and the aftereffects of the pandemic, the idea of finding balance was certainly a welcomed change....

Saturday, July 1, 2023

Those who receive an inheritance with the passing of a loved one are potentially given the gift of financial freedom if they choose to manage the wealth carefully. Did you know that only about one-third of adults have a prepared will,...

Saturday, July 1, 2023

When it comes to tackling a home renovation, the backyard can be an afterthought. But more and more, homeowners are thinking about this prime living space a bit differently. In 2020, outdoor contracting professionals, like pool and spa...

Saturday, July 1, 2023

Adults caring for aging parents and children simultaneously have now become known as the "sandwich generation."  While each generation comes with its own array of financial challenges, the sandwich generation often feels...

Saturday, June 24, 2023

There are insurances you may want to consider for your college student. Whether an accident or some other unforeseen event occurs, you may help relieve some of their (or your) financial stress through these six types of insurance.

Wednesday, June 14, 2023

Vacations are an investment. A lot of planning and money goes into having the best trip possible—but should you buy travel insurance to protect yourself in the event of unforeseen changes and emergencies?

Friday, June 9, 2023

Every so often Washington likes to remind us how hard it can be to get things accomplished. The most recent example is the debt ceiling—the amount Congress can borrow to pay its bills. It seems like we have this debate every few...

Thursday, June 1, 2023

Summer is the perfect season to get outside and enjoy the sunshine, warm weather, fresh air, and a wide range of outdoor activities. Whether you are the type of person who likes to relax and enjoy sunny days or likes more fast-paced...

Thursday, June 1, 2023

Multigenerational travel can be a wonderful experience for the entire family. Children who do not get to spend much time with grandparents can enjoy one-on-one time with them, and participating in activities as a group can create...

Wednesday, May 31, 2023

Hurricane season runs from June to November, and it's also prime time for tornadoes, other wind and rainstorms, and lightning strikes.

Thursday, May 25, 2023

Those that choose to invest in the education of a family member, friend or acquaintance are investing not only in that individual’s future, but also the future of society. It is an act of generosity, forward-thinking, and love....

Thursday, May 4, 2023

When it feels like the galaxy’s forces are all working against you when it comes to your finances, fighting back may seem incredibly daunting. However, becoming a financial Jedi Master is not as hard as you think. Here are four...

Wednesday, May 3, 2023

Spring is often thought of as an uplifting time, marked by growth and renewed hope as we emerge from the long months of winter and look ahead to the rest of the year. Investors saw signs of such renewed hope in recent weeks, especially...

Wednesday, May 3, 2023

From chargrilled food to backyard games—barbecues are the epitome of summer living. Regardless of your party hosting style, throwing a barbecue doesn’t have to be challenging. In fact, you should have as much fun...

Monday, May 1, 2023

You may already be aware of the importance of having enough life insurance coverage to handle financial matters that could affect your family in the event of your death. However, determining the appropriate amount of coverage for your...

Tuesday, April 25, 2023

A 2022 Gallup Poll found that 58% of all adult Americans own stock. The top 1% owns more than half the total amount invested among those who own stock. 1 Making investing possible for your children, nieces, nephews and other loved ones...

Thursday, April 20, 2023

Thoughts from a financial professional When helping people get ready for retirement, financial professionals find the same issues come up over and over. Thinking ahead can spell the difference between a retirement with enough money and...

Thursday, April 13, 2023

Most people know that once they approach retirement age, their reward for years of work comes from Social Security payments they put money towards during their employment. Deciding when to file for your Social Security payments is...

Sunday, April 9, 2023

When people think of “myths,” they often think of such stories as Pandora’s Box (the woman who took the lid off of a jar releasing all of the world’s ills upon the world, were taxes one of them?), or the Tale of...

Thursday, April 6, 2023

The financial markets’ resilient performance during March was striking, despite pockets of uncertainty surrounding the strength of the economy—and not to mention concerns over the durability of the banking system. The...

Sunday, April 2, 2023

With April’s federal tax filing and payment deadline on the horizon, Americans are dotting their i’s and crossing their t’s as they prepare for the countdown to Tax Day. But before you rush to get that return out the...

Thursday, March 23, 2023

Spring can be a fantastic time to refresh your retirement plan and savings habits. With 2023 bringing increased limits for 401(k)s, individual retirement accounts (IRAs), Health Savings Accounts (HSAs), and other tax-advantaged...

Tuesday, March 21, 2023

Although the Roth IRA has been a part of the retirement lexicon for years when compared to other types of retirement accounts, it's quite young—it's only been in effect for 25 years. It was introduced as part of the Taxpayer...

Monday, March 13, 2023

Financial markets were shaken last week as Silicon Valley Bank (SVB), the California bank subsidiary of SVB Financial Group (SIVB), fell into FDIC receivership. SVB is the first FDIC-insured institution to fail since 2020 and the...

Thursday, March 9, 2023

As Samuel Goldwyn once said, "The harder I work…the luckier I get!" But when it comes to investing, luck may play a huge role in outcomes—no matter how hard you work. Below, we discuss some ways that luck may...

Thursday, March 9, 2023

One silver lining in the current bear market is that this could be a good time to convert assets from a traditional IRA to a Roth IRA. Converted assets are subject to federal income tax in the year of conversion, which might be a...

Thursday, March 2, 2023

Having a good credit score doesn't just get you the best interest rates. It can also reduce your auto insurance premiums, allow you to avoid security deposits, and in some cases, even help you get hired.1But what goes into your credit...

Wednesday, March 1, 2023

Financial markets have experienced quite a bit of change this year in just two short months. We started the year hopeful that stocks would benefit from a better economic and monetary policy environment by the spring, but recent...

Thursday, February 23, 2023

When you own a business, you get to deduct business expenses from your business income. This general rule applies, subject to certain limitations, whether you are a sole proprietor with employees or a self-employed freelancer...

Thursday, February 16, 2023

With healthcare costs continuing to rise, there are ways to help lower the cost of healthcare for yourself by becoming a wise consumer of healthcare. February is National Wise Health Care Consumer Month and a great time to empower...

Friday, February 10, 2023

Looking for ways to save "I love you" on Valentine's Day? Then you may want to consider opening a spousal individual retirement account (IRA). This gift says, "Let's grow old together comfortably," and shows your partner that you care...

Thursday, February 9, 2023

The Super Bowl is more than just a game. It's an American holiday. As you prepare for this fun day, you may also want to think about how to create "big wins'' in your investment strategy. Get ready for Super Bowl Sunday by checking out...

Wednesday, February 8, 2023

What is long-term care?Long-term care refers to the ongoing services and support needed by people who have chronic health conditions or disabilities. There are three levels of long-term care:Skilled care: Generally...

Thursday, February 2, 2023

Whether you’re one to set ambitious New Year’s resolutions or simply use the beginning of the year to reset on a few habits, there’s almost always some value in reflecting on the past year before looking ahead. The...

Thursday, February 2, 2023

Financial wellness is a state of being when one is in control of their finances, can cover expenses, and save for future goals. Consider financial wellness as your relationship with money; it can be either healthy or unhealthy....

Monday, January 30, 2023

Identity theft runs rampant during tax seasonHere’s what to know and how you can help protect yourself.Identity thieves often swipe your bank or credit card account numbers, birth date information or Social Security Number (SSN)...

Friday, January 20, 2023

Habits create a domino effect; once you begin a habit and stick with it, you can see the effects of it flowing into other areas of your life, for better or worse. But what if it’s easier than you think to make the healthy...

Friday, January 13, 2023

Tax preparation tools and products continue to evolve even more quickly than the federal tax code itself. Which tax prep tools are worth the hype, and which may be passed over? Below we discuss five high-tech tools to help make tax...

Monday, January 9, 2023

Regardless of whether you prepare your taxes yourself or use a professional's services, it's a good idea to gather the information and documentation you need well in advance of your actual tax filing date. Below, we've listed some key...

Friday, January 6, 2023

Change may be difficult, especially when you try to change your financial habits. The process might be easier if you take an incremental approach. Do you want to get on top of your finances this year? Are you looking for ways to...

Thursday, January 5, 2023

As you may know, Congress passed SECURE 2.0 as part of the fiscal 2023 spending package. This bipartisan retirement security legislation could present opportunities for your retirement savings strategy.Below are highlights of some of...

Thursday, January 5, 2023

We wish you a happy New Year and hope you were able to close out 2022 with friends and family.The beginning of a calendar year is often the time when the previous year’s reflections transition to a new year’s hopes. Given...

Wednesday, December 28, 2022

A resolution for every month to help you work towards financial independence Cleaning up personal finances remains one of the top resolutions every New Year. But we all know what happens to most such self-promises, so here’s a...

Monday, December 19, 2022

As you take a moment to reflect upon all of the things that bring you comfort and joy this holiday season, consider giving back to those in need. Whether you are participating in an organized fundraiser or diving headfirst into your...

Wednesday, December 14, 2022

On October 21st, the Internal Revenue Service (IRS) announced that the amount individuals can contribute to their 401(k) plans in 2023 has increased to $22,500, up from $20,500 for 2022. The IRS today also issued technical guidance...

Monday, December 12, 2022

The holidays are often filled with a lot of hustle and bustle that can make it difficult to prioritize our physical and mental health. To help you slow down and focus on your own well-being, here are some tips for having a happy and...

Thursday, December 8, 2022

Through all the challenges, newfound opportunities, and every high and low we’ve experienced during the last couple of years, it’s no surprise why we might be striving for more balance. Whether it’s about the markets...

Tuesday, December 6, 2022

If you ask someone their favorite part of the holiday season, giving or receiving gifts will likely be their response nine times out of ten. Gift-giving is a huge part of the holidays—it’s why there are entire days...

Thursday, December 1, 2022

Things to Consider Going into “The New Year" (Year-End Planning Checklist) The end of the year is necessary to reflect on your financial picture, review the last 12 months, and plan for the future. With all that is involved,...

Monday, November 21, 2022

More consumers are conducting financial transactions online and may become vulnerable to tracking, hacking, identity theft, phishing scams, and other cyberspace risks. While nothing can guarantee complete safety on the Internet,...

Tuesday, November 8, 2022

Black Friday is sometimes the largest shopping holiday of the entire year. Millions of people typically shop in stores or online on Black Friday to score the top deals on must-have holiday gifts. While it may be easy to become...

Tuesday, November 8, 2022

The way Americans shop and travel has dramatically changed over the past few years due to COVID-19. The idea of supporting ‘mom and pop shops’ has re-ignited as people realize they want a robust local economy that supports...

Tuesday, November 8, 2022

The average U.S. income tax rate stands at just over 13%—and if you're like many taxpayers, you're always looking for new tips and tricks to help reduce this percentage. There are a number of different tax planning moves you can...

Wednesday, November 2, 2022

After weeks of uncertainty, borrowers of student loans can now apply for the Biden administration’s debt relief program. Full or partial federal student loan debt cancellation of up to $20,000 is available to Federal Pell Grant...

Monday, October 24, 2022

If you hope to retire soon and are concerned about what the future may hold for your investments, you are not alone. Inflation has many retirees and soon-to-be retirees worried about outliving their savings and investments.1 What...

Thursday, October 13, 2022

Hurricane Ian was upgraded to a Category 4 storm before landfall over Florida's Gulf Coast. Ian had a maximum sustained wind speed of 155 mph and a Hurricane Warning was extended in southwestern Florida with life-threatening storm...

Tuesday, September 20, 2022

At one time, the typical American family looked like this: a breadwinner father who commuted a short distance to work and earned a very good living, and a stay-at-home mother who took care of the kids and family home with aplomb. Life...

Thursday, September 1, 2022

Retirement is an exciting time. You have worked hard all of your life and now get to take advantage of the fruits of that hard labor. While retirement is the perfect time to tackle to-do lists and all of the things you have always...

Tuesday, August 23, 2022

Many investors still adhere to the old adage—"sell in May and go away"—while others remain fully invested even as the summer heat waves begin. What goes unsaid is that if your asset allocation accurately reflects your risk...

Tuesday, August 16, 2022

Go out into your yard and dig a big hole. Every month, throw $50 into it, but don't take any money out until you're ready to buy a house, send your child to college, or retire.It sounds a little crazy, doesn't it? But that's what...

Tuesday, August 2, 2022

Labor Day is right around the corner. The weather is starting to turn a little cooler, college football returns and the kids are back in school. For me, it’s always been the kids going back to school that really marked the end of...

Monday, August 1, 2022

Investing for your retirement isn't about getting rich quick. More often, it's about having a game plan that you can live with over a long time. You wouldn't expect to be able to play the piano without learning the basics and...

Tuesday, July 19, 2022

Almost half of all adults are part of the "sandwich generation." These are adults in their 40s and 50s who are helping support or care for a parent while also supporting or caring for a child.1 Being caught between two generations of...