Paying Off Your Mortgage Early Versus Investing Long-Term in the Market
Congratulations on that big promotion! You’re financially comfortable with a nice nest egg and now you have some extra cash coming in. So, what do you do with it? Pay down your mortgage, or invest for the long term? The thought of getting rid
Low Treasury Rates Fuel Economic Stimulus
Yields on U.S. Treasury bonds fell to historic lows in March 2020 and remain low as the Federal Reserve and markets respond to the economically devastating pandemic. These low bond yields can help boost a recovery in several ways. Treasury bonds are basically loans
The Details of the New Payroll Tax Deferral Stimulus
Back in late March, as much of normal life closed down, businesses got a boost in the form of an immediate tax break. Under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, employers were allowed to defer their share of payroll taxes for
Active Versus Passive Investing: The Pros, Cons, and Tax Implications of Each Approach
When deciding how to invest your money in order to maximize returns and minimize taxes over time, you may hear about two different strategies: active and passive investing. As the names suggest, active investing involves a more hands-on role for the portfolio manager, while
Retirement Fund Rollovers: Watch the Calendar and Follow the Rules
There are many reasons why you might want to move your retirement savings to another account. Maybe you want to invest with a company with better performance. Maybe you changed jobs and want to bring past accumulations with you to a new plan. If
What to Know About Health Savings Accounts (HSAs) in 2020
Since health savings accounts (HSAs) were introduced in 2004 as part of the Medicare Prescription Drug, Improvement and Modernization Act, they have surged in popularity as a flexible way for numerous Americans to reduce taxable income and save for future medical expenses. But since