Financial Planning Cash is Back: Exploring Alternatives to Traditional Bank Accounts With the recent rise in short-term interest rates, cash has re-emerged as a viable asset class for portfolio construction. In March, 3 Month Treasury Bills reached a yield as high as 5%, further turning cash from a zero-yielding liquidity management tool to an attractive asset class of its own. Bank checking and savings accounts have […]
Financial Planning Are Financial Advisory Fees Tax Deductible? Before 2018, you could partly or fully deduct investment advisory fees on your federal income tax return. When the Tax Cuts and Jobs Act was passed, however, the miscellaneous itemized deduction for investment fees and expenses vanished. This deduction seldom mattered for taxpayers in the highest brackets, as they could only deduct miscellaneous items on […]
Financial Planning The Unspoken Risks of Retirement Plan Loans During times of financial hardship people are forced to think – when life hands you lemons, take a loan. We get it! High inflation and a volatile economy are pushing people to think about where they could tap into fast cash if they needed it. A quick search on the internet will show you the […]
Financial Planning How to Declutter Your Financial Life This Spring Spring is the season for cleaning out the closet and getting organized. That includes sorting out your financial life! There’s no better time than now.
Estate Planning Strategies to Help Your Child Buy a Home How to Help Your Adult Kids Buy a Home. Each strategy can have major estate, tax and family dynamic implications. Here are several different strategies you might consider.
