fbpx

Pooled Income Fund: A Charitable Gift That Provides Income to You

A pooled income fund is a trust with both charitable and noncharitable beneficiaries. It is established and run by a public charity, not by you. The charity "pools" the irrevocable contributions of many people, invests the money, and then distributes to you (or your designated beneficiary) a periodic income payment(usually quarterly or annually) for life, [...]

By |2022-09-06T11:44:55-04:00September 6th, 2022|Investment Center|0 Comments

Building Financial Resilience

Inflation, roller-coaster markets, global events, and life circumstances can test anyone's fortitude. You may not feel ready to handle these pressure-filled times and might worry about the potential effects on your financial well-being. Fortunately, you can take steps to build the resilience you need to help handle the turbulence and hopefully emerge even stronger. Focus [...]

By |2022-09-06T11:39:47-04:00September 6th, 2022|Investment Center|0 Comments

Uncle Sam Wants to Know About Your Gig Income

If you earn money through an app or online digital platform, you may be affected by a tax reporting change that took effect on January 1, 2022. A provision of the 2021 American Rescue Plan requires third-party payment processors to report business transactions totaling over $600 per year by issuing a Form 1099-K to the [...]

By |2022-08-10T15:52:46-04:00August 10th, 2022|Investment Center|0 Comments

Finding Forgotten Funds

As a child, you may have dreamed about finding buried treasure, but you probably realized at an early age that it was unlikely you would discover a chest full of pirate booty. However, the possibility that you have unclaimed funds or other assets waiting for you is not a fantasy. Billions of dollars in unclaimed [...]

By |2022-08-10T15:48:18-04:00August 10th, 2022|Investment Center|0 Comments

Dividends for Income and Total Returns

John D. Rockefeller, one of the wealthiest Americans in history, loved receiving stock dividends. "Do you know the only thing that gives me pleasure?" he once asked. "It's to see my dividends coming in."(1) There may be many things other than money that give you pleasure, but you can still appreciate the stabilizing role that [...]

By |2022-08-10T15:52:17-04:00August 10th, 2022|Investment Center|0 Comments

The Potential Benefits of Roth IRAs for Children

Most teenagers probably aren't thinking about saving for retirement, buying a home, or even paying for college when they start their first jobs. Yet a first job can present an ideal opportunity to explain how a Roth IRA can become a valuable savings tool in the pursuit of future goals. Rules of the Roth Minors [...]

By |2022-07-08T11:21:53-04:00July 6th, 2022|Investment Center|0 Comments

Inflation Protection for Investment Dollars

For the 12-month period ending in May 2022, the Consumer Price Index for All Urban Consumers (CPI-U) — the most widely used measure of inflation — increased 8.6%, the fastest pace in 40 years (1). The rate may trend downward as the Federal Reserve raises interest rates and supply-chain issues improve. But inflation is likely [...]

By |2022-07-11T15:56:02-04:00July 6th, 2022|Investment Center|0 Comments

Diversifying Your Portfolio with International Flair

Global economic growth is projected to drop from a 5.8% rate in 2021 to 3.3% in 2022, as the world grapples with repercussions of the Russia-Ukraine war and ever-changing conditions wrought by the pandemic. Growth forecasts of 3.3% for the United States and 2.4% for the euro area in 2022 (down from 5.6% and 5.2%, [...]

By |2022-07-08T11:13:44-04:00July 6th, 2022|Investment Center|0 Comments

What’s Your Retirement Dream Elevator Pitch?

Imagine stepping into an elevator and realizing that you're about to spend the 30-second ride with someone who could make your retirement dreams come true — if only you could explain them before the doors open again. How would you summarize your financial situation, outlook, aspirations, and plans if you had 30 seconds to make [...]

By |2022-04-29T09:35:34-04:00April 29th, 2022|Investment Center|0 Comments

Food Inflation: What’s Behind it and How to Cope

As measured by the Consumer Price Index for food at home, grocery prices increased 3.4% in 2020, a faster rate than the 20-year historical average of 2.4%.1More recently, food inflation accelerated by 6.5%during the 12 months ending in December 2021, while prices for the category that includes meat, poultry, fish, and eggs spiked 12.5%.2 Food [...]

By |2022-04-29T09:35:34-04:00April 29th, 2022|Budgeting, Investment Center|0 Comments