Insights

The volatility in the stock market due to the COVID-19 pandemic is stirring a range of emotions, including fear in even some very experienced investors. Some of these investors might be your clients. As their financial advisor, part of your job is to help your clients look past any emotions …

You didn’t set out to home-school, yet the global pandemic is changing your career plans. We’re seeing an unprecedented disruption of K-12 schooling. As of April 14, at least 124,000 public and private schools in the U.S. have been closed in response to the growing coronavirus outbreak, acc …

In the midst of a global pandemic, your social media feeds have likely been swarmed with bad news. However, there have been some glimmers of hopes during this period of uncertainty. For instance, the CARES Act is making it easier for Americans to tap into retirement accounts during the pand …

Roth conversions can be a powerful tax and retirement planning technique. The idea behind most Roth conversions is to take money from an IRA and convert it to a Roth IRA. Essentially, you’re paying taxes today instead of paying taxes in the future.

Estate planning and end of life planning are about taking control of your situation. Death and long-term care later in life might be hard to fathom right now, but we can’t put off planning out of fear of the unknown or because it’s unpleasant. Don’t wait for life to happen to you, though.

Most people want to plan for a good life and a good retirement, so why not plan for a good end of life, too? Let’s look at four ways you can refine your estate plan, protect your assets and create a level of control and certainty for your loved ones.

Managing finances can be struggle for those with mental issues. The Social Security system’s future is uncertain. Defined benefit plans have given way to defined contribution plans. Americans are living longer. Incidences of depression and other mental health problems in older adults are gr …

Health Savings Accounts (HSAs) might be the single most powerful tax-advantaged savings vehicle in the IRS tax code. You can deduct contributions, experience tax-deferred gains and withdraw money tax free for qualified tax expenditures.

A 529 plan is a great option for families looking to save money for their child’s education. With college tuition rising so fast – up 168 percent over the last 20 years, according to U.S. News – it’s more important than ever to plan your finances carefully. 529 plans are state-sponsored and …

A few years back, I conducted and published research in the Journal of Financial Planning that showed Americans don’t understand reverse mortgages. In fact, respondents scored below 50 percent on a 10-question true-false quiz.

With Twitter celebrating its 13th birthday next month, here are 10 tweeting RIAs that are bona fide must-follows. 7. Larry Sprung Larry Sprung has a passion for helping others, both financially and emotionally. As founder and president of Mitlin Financial, this RIA shares personal finance t …