Bob Hope once said, “When we recall Christmas past, we usually find that the simplest things – not the great occasions – give off the greatest glow of happiness.”¹ The simplest things, such as at-home Christmas activities, are the ones we are most likely to remember. Many people overspend during the holiday season because they… Continue reading At-Home Christmas Activities for the Whole Family
Many of us assume everyone enjoys the same Thanksgiving traditions across America as we do, but that’s not exactly true. There are many Thanksgiving traditions that are so popular that they’ve become synonymous with the holiday itself. However, no two American households are alike, so no two American households share the same Thanksgiving traditions. Some… Continue reading 10 Thanksgiving Traditions across America
Many investors who have left a 401(k) behind with their past employer may not think it’s a big deal. But it is. And it’s one that may be costing you more in retirement savings than you think. Capitalize recently published a white paper The True Cost of Forgotten 401(k) Accounts stating as of May 2021,… Continue reading How Much Is Your Forgotten 401(k) Costing You in Potential Savings?
The IRS has announced contribution limits for qualified retirement plans for 2022. However, there may be changes coming to the info below. In the November 3 draft of the Build Back America Act currently sitting in Congress, there are proposed provisions to curb contributions and accelerated distributions for high-balance retirement accounts. In addition, the bill… Continue reading Retirement Plan Contribution Limits for 2022
Whether you realize it or not, you have family money values. The way parents talk about money, save money, and spend money affects their children. Business Insider explains, “Often times, the way we understand and deal with money as an adult comes from watching our parents or parent-like figures handle them. These are called ‘money… Continue reading Identifying and Instilling Family Money Values
The holiday season will be here before we know it. Don’t let it sneak up on you; otherwise, you may find yourself racking up holiday debt. According to the National Retail Federation, “Retail sales during 2020’s November-December holiday season grew an unexpectedly high 8.3 percent over the same period in 2019 to $789.4 billion.”¹ Keep… Continue reading 10 Ways to Avoid Taking on Holiday Debt This Year
If you’re confused by your 401(k) plan, you aren’t alone. According to a J.P. Morgan 2021 Defined Contribution Plan Participant Survey, 401(k) investors are “overwhelmed and unsure about the various aspects of retirement planning.”¹ In fact, 52% feel they are presented with more plan information than they can absorb.² Perhaps this is why 51% of… Continue reading 5 Must-Know Details about Your 401(k) Plan
It’s the start of Q4, and many investors may be concerned about the market volatility and other factors driving the news cycle. Things might feel a bit shaky right now. But when you zoom out and look at the charts and take into account the strong underlying fundamentals, it’s not as bad as it may… Continue reading Market Commentary: Where We See Things Headed in Q4
Parents should be intentional about teaching their kids good financial habits because, if they don’t, no one else will. According to Next Gen Personal Finance, a high school personal finance curriculum company, only 16.4% of U.S. high school students are required to take a personal finance course.¹ And Nitro, a student loan educational website, recently… Continue reading 16 Tips for Encouraging Kids’ Good Financial Habits
And just like that, we’ve reached the 4th quarter, which means it is time to review where you stand financially. The good news is, there is still time to get your financial ducks in a row before the end of the year with a personal finance checklist. To make this process as easy as possible,… Continue reading 4th Quarter Personal Finance Checklist
