Five Costly Blunders Physicians Make with Their Health Savings Accounts Understanding Health Savings Accounts (HSAs) can be crucial for managing healthcare costs. As one of the most tax-advantaged accounts, HSAs offer significant value. Yet, many… Read More
Retirement Planning
Four Ways High-Income Families Pay For College
Four Ways High-Income Families Can Pay for College Preparing to send your children to college is a big step, especially for high-income families. Despite earning a good income, you might find that traditional financial aid… Read More
Rescue Your Old 401k Now!
Rescue Your Old 401k Now! Key 2024 Updates and Solutions Today’s discussion focuses on an essential topic for your financial future: rescuing your old 401(k) plan. With significant updates that took effect on January 1,… Read More
7 Vital Personal Finance Lessons
7 Vital Personal Finance Lessons Welcome to today’s journey into the heart of personal finance. We’re not diving into stocks or telling you to max out your 401(k); instead, we’re focusing on the softer side… Read More
4 Overrated Personal Finance Topics
4 Overrated Personal Finance Topics I know, I know—this post is likely to ruffle a few feathers, but I think it’s essential to address some personal finance topics that are, in my humble opinion, a… Read More
5 Traps That Can Ruin Your Roth IRA
5 Traps That Can Ruin Your Roth IRA When it comes to managing retirement accounts, the Roth IRA is a popular choice due to its tax-free growth and withdrawal benefits. However, certain life events can… Read More
How to Make 529-To-Roth IRA Transfers
Unpacking the New 529 to Roth Transfer: Guidelines and Strategic Insights for 2024 and Beyond The introduction of the ability to transfer funds from a 529 plan to a Roth IRA marks a significant shift… Read More
Prioritize Your Retirement: Why It Matters More Than Your Kid’s College Savings!
Why You Should Prioritize Your Retirement Over Your Kids’ College Savings Today’s topic is a tough one: your retirement is more important than your kids’ college savings. As a parent of three young kids, I… Read More
You Should Not Have an IRA as a High-Income Earner!
Why High-Income Professionals Should Rethink IRAs: A Deep Dive into Simplification, Asset Protection, and Backdoor Roth IRAs While Individual Retirement Accounts (IRAs) are undoubtedly popular tools for retirement planning, they may not always be the… Read More
Am I Saving Enough for Retirement (with only a Solo-K)? Live Case Study!
Am I Saving Enough for Retirement (with only a Solo-K)? Live Case Study! Today’s topic is an important one that many of us often ponder: “Am I saving enough?” This question came from one of… Read More