As a young professional, your most valuable asset is your career. While you can watch endless videos on the benefits of making Roth IRA contributions or owning real estate, at the end of the day if you’re making $400,000 instead of $70,000 before reaching...
As a financial planner, clients will frequently ask me the following question, “Should I apply extra money toward my mortgage and pay it off early?”. The answer depends on several factors such as: The status of your other financial goals Interest rate...
Do I Have To Pay Tax On A House That I Inherited? The tax rules are different depending on the type of assets that you inherit. If you inherit a house, you may or may not have a tax liability when you go to sell it. This will largely depend on whose name was on...
How Much Emergency Fund Should You Have And How To Get There If you watched the nightly news during the latest government shutdown you would have seen stories about how people struggle when they aren’t getting a paycheck. Most Americans are not immune to having a set...
We have a lot of parents that ask us if they are allowed to establish a Roth IRA on behalf of their son or daughter. You can, as long as they have earned income. This can be a very powerful wealth accumulate strategy for your children since all of the accumulation...
If you were planning on moving this year to take a new position with a new company or even a new position within your current employer, the moving process just got a little more expensive. Prior to the tax law changes that took effect January 1, 2018, companies would...
