What types of retirement accounts can you use (besides a Roth IRA)? By Nikita Wolff If you’re part of the 11% of adult workers in the US that are self-employed, you may be asking yourself how you can save for retirement (especially if you’ve already maxed your Roth IRA). The following accounts are those most…
What changes should you be aware of? By Jennifer Edwards, CFP® The Setting Every Community Up for Retirement Enhancement Act (known as the SECURE Act) of 2019 has gotten an upgrade. The SECURE 2.0 Act was passed at the end of December with broad bipartisan support and includes several provisions worth knowing about. SECURE 2.0…
While retirement may feel far away, it is vital to think about the future and ask yourself the right questions to plan effectively for retirement.
By Scott Bennett, CFP® Last week, the Florida State Senate and House of Representatives unanimously passed a bill that will make it the latest and largest state to mandate personal finance education for high school students as a prerequisite to graduation. It’s no secret that the current standing of financial education in America has a…
By Nikita Wolff
Every year, the imaginary clock resets and sparks motivation among the masses. Most people set New Year’s resolutions in some form or another. This most commonly takes the form of goals relating to exercise, weight loss, diet changes, or money management. Unfortunately though, about 80% of people don’t follow through on the changes they wanted…
The Public Service Loan Forgiveness (PSLF) program is a way for those who work in the public sector to get their federal student loan balance forgiven after 10 years by making 120 qualifying payments. Historically, those payments had to be made through an income-driven repayment plan like IBR, PAYE, or REPAYE. There were also rules…
Let’s look at a few things to help us move away from money shame… Upbringing: “Our research shows that the money patterns we observe in childhood are the primary source driving our financial decision-making later in life,” says Edward Horwitz, Ph.D., CFP®, associate professor of behavioral finance at Creighton University Heider College of Business.…
“Why am I so bad with money?” If you’ve had this thought, you are not alone. We are not born knowing how to manage money, yet we feel shame in not knowing what to do to improve our situation. Often this shame will lead to overspending to keep up with the Joneses. This is a…
No matter which side of the fence you’re on, I think we can all agree… Our medical system is in dire need of some changes; especially those pertaining to insurance. Do you know the average person pays $450/month for medical insurance? Of course, if you end up having a child or suffering a severe injury,…