Are You Eligible for Any of These College-Related Federal Tax Benefits?

College students and parents deserve all the help they can get when paying for college or repaying student loans. If you're in this situation, here are three federal tax benefits that might help put a few more dollars back in your pocket. American Opportunity Credit The American Opportunity tax [...]

By |2023-03-02T14:52:53-05:00March 2nd, 2023|Investment Center|0 Comments

50 and Older? Here’s Your Chance to Catch Up on Retirement Saving

If you are age 50 or older and still working, you have a valuable opportunity to super-charge your retirement savings while managing your income tax liability. Catch-up contributions offer the chance to invest amounts over and above the standard annual limits in IRAs and workplace retirement plans. 2023 Limits In 2023, [...]

By |2023-03-02T14:52:44-05:00March 2nd, 2023|Investment Center|0 Comments

Time for a Spring Cleanup: Organizing Your Financial Records

The arrival of spring is always a good time to dust off the cobwebs that have built up in your home during the winter. It's also a good time to clean out and organize your financial records so you can quickly locate something if you need it. Keep Only What You Need [...]

By |2023-03-02T14:52:34-05:00March 2nd, 2023|Investment Center|0 Comments

Fixed for Life: What Can an Annuity Do for You?

With stock and bond markets both faltering over the past year, it's easy to see why more near-retirees have a newfound appreciation for fixed annuities — insurance contracts that guarantee a specified rate of return. A fixed annuity maintains its value regardless of market conditions, and yields on these products have risen in response [...]

By |2023-01-30T14:19:38-05:00January 30th, 2023|Investment Center|0 Comments

Debt Optimization Strategies

To help improve your financial situation, you might consider reducing your debt. Before starting any debt payoff strategy (or combination of strategies), be sure you understand the terms of your debts, including interest rates, payment requirements, and any prepayment or other penalties. Start with Understanding Minimum Payments You are generally required to [...]

By |2023-01-30T14:19:12-05:00January 30th, 2023|Investment Center|0 Comments

Key Retirement and Tax Numbers for 2023

Every year, the Internal Revenue Service announces cost-of-living adjustments that affect contribution limits for retirement plans and various tax deduction, exclusion, exemption, and threshold amounts. Here are a few of the key adjustments for 2023. Estate, Gift, and Generation-Skipping Transfer Tax The annual gift tax exclusion (and annual generation-skipping transfer tax exclusion) for [...]

By |2023-01-30T14:18:44-05:00January 30th, 2023|Investment Center|0 Comments

Year-End 2022 Tax Tips

Here are some things to consider as you weigh potential tax moves before the end of the year. Set Aside Time to Plan Effective planning requires that you have a good understanding of your current tax situation, as well as a reasonable estimate of how your circumstances might change next year. There's a real opportunity [...]

By |2022-11-17T09:50:07-05:00November 17th, 2022|Investment Center|0 Comments

Four Tips for Keeping Heating Costs Down This Winter

With the prices for gas, oil, and electricity continuing to soar across the country, consumers are facing another winter of high heating bills. According to the National Energy Assistance Directors' Association, the average cost of home heating is estimated to increase by 17.2% this season.1 Here are some tips to help you keep your heating [...]

By |2022-11-17T09:49:46-05:00November 17th, 2022|Investment Center|0 Comments

Sectors: Overweight, Underweight, or Just Right?

The U.S. stock market had a banner year in 2021, with the S&P 500 index up almost 27%. Unfortunately, stocks turned downward on the second trading day of 2022 and kept sliding into a bear market.1 Stocks in the S&P 500 are classified by 11 different business sectors, each of which responds differently to economic [...]

By |2022-11-17T09:49:21-05:00November 17th, 2022|Investment Center|0 Comments

FAFSA Opens on October 1

The Free Application for Federal Student Aid (FAFSA)for the 2023-2024 school year opens on October 1,2022. Here are some things you should know. Why file it? The FAFSA is a prerequisite for federal student loans, grants, and work-study. In addition, colleges typically require the FAFSA before distributing their own need-based aid and, in some cases, [...]

By |2022-09-28T10:08:41-04:00September 28th, 2022|Investment Center|0 Comments