Counteracting Capital Gains With Tax-Loss Harvesting
No investor enjoys seeing an investment decline in value. But in a taxable investment account, losses may create a planning opportunity known as tax-loss harvesting. Tax-loss harvesting is the process of selling an investment for less than you paid for it and using that realized capital loss to offset capital gains. While this strategy does […]
Choosing a Retirement Plan That Fits Your Business
A retirement plan can help a business owner do more than save for the future. The right plan can support employee retention, reduce taxable income, create long-term wealth, and make the business more competitive. But not every retirement plan works the same way. A solo business owner, a growing company with employees, a high-income professional […]
Countdown to College: A Planning Guide for Families
As a parent, you want to give your child every opportunity to build a strong future. For many families, that future includes college, trade school, or another form of post-secondary education, and college planning can help you prepare. But college planning today requires more than choosing a school. Families also need to think about admissions, […]
Should You Keep Life Insurance When You Retire?
Many people buy life insurance during their working years to protect a spouse, children, or household that depends on their income. As retirement approaches, the question often changes. Do you still need life insurance after you retire? For some retirees, the answer may be no. Children may be grown, the mortgage may be paid off, […]
Choosing a Business Structure: What Small Business Owners Should Know
Starting a business brings excitement, opportunity, and a long list of decisions. One of the most important early decisions is choosing the right business structure. The U.S. saw continued strong entrepreneurial activity in 2024, with roughly 5.2 million new business applications filed during the year. Every new business owner eventually faces the same question: Should […]
Choices for Your 401(k) at a Former Employer
Changing jobs often comes with a long to-do list: benefits, insurance, payroll, tax forms, and new workplace routines. One important item many people overlook is what to do with a 401(k) at a former employer. If you have a retirement account with a former employer, you generally have four main options. Each choice has potential […]
Changing Unhealthy Behaviors: Small Steps Toward a Healthier Future
Most people know the basics of healthy living: move your body, eat nutritious foods, get enough sleep, schedule regular checkups, avoid smoking, and limit alcohol. Changing unhealthy behaviors is often harder than knowing them. The Centers for Disease Control and Prevention recommends regular physical activity, healthy eating, adequate sleep, preventive care, and limiting alcohol as […]
Catch-Up Contributions: A Retirement Savings Opportunity After Age 50
Many Americans worry about whether they are saving enough for retirement, and catch-up contributions are one tool available after age 50. According to the 2025 EBRI/Greenwald Retirement Confidence Survey, 67% of workers said they were very or somewhat confident they would have enough money to live comfortably in retirement, but only 24% said they were […]
Caring For Aging Parents: Planning Ahead
Thanks to healthier lifestyles and advances in modern medicine, Americans are living longer. As a result, more families are beginning to think seriously about what caring for aging parents may involve. The U.S. Census Bureau reported that the population age 65 and older grew from 2010 to 2020 at the fastest rate since 1880 to […]
Do You Make Too Much for a Roth IRA?
Yes, you may still be able to fund a Roth IRA strategy even if Roth IRA income limits prevent you from making a direct Roth IRA contribution. This approach is commonly called a backdoor Roth IRA. It generally involves making a contribution to a traditional IRA and then converting those funds to a Roth IRA. […]