Do you remember what year it was when a gallon of gas cost $0.63? Not everyone will, since many of us had yet been born, but the answer is 1978!   Inflation is a natural part of our economic system, which is one reason the costs of goods and services increase over time. While inflation rates vary from year to year and decade to decade, price changes create challenges for everyday people like you and me. As we lose the ability to stretch our dollars, savings rates often fall,

As 2025 enters its final stretch, it's time for specific individuals to take their annual required minimum distributions from their non-Roth IRAs and 401(k)s balances.  Commonly known as an RMD, these mandatory disbursements apply to all holders of qualified retirement accounts and begin the year the holder turns 73. However, distributions can be deferred the first year to the following  April 1st  if a holder chooses. For those not in their first year of RMD distributions, w

Are you receiving or have you received a QDRO account? Find out the essentials of how these accounts work in under 3 minutes...

What should you do with your 401(k) when you leave your job? Find out by asking yourself these questions…

Today is 05/29, which the financial community celebrates as 529 Awareness Day. See what they did there with the date and name? But what...

The last several years have seen significant changes in the bond markets, and municipal bonds issued by local state and city governments...

In our last blog post, we discussed what trusts are and how they are often used in estate planning. This week, we are focusing on a...

Trusts are a powerful financial planning tool. Learn what the basic types are and how they work.