Posts Tagged ‘money management’
In Support of the Fiduciary Standard
It’s one of the most fundamental and dear characteristics of the work we do at Empowerment Financial Guidance: earning the trust and confidence of our clients. We strive to do this in various ways, of course, including the intangibles of demeanor, openness, and honesty. We also have been very intentional in creating a structural business…
Read MoreNotable 2024 Tax Law Changes
Each year brings adjustments to the US tax code, and this year is no exception. Some specific changes which could be helpful to you are as follows: Leftover funds in a 529 education account can now be rolled over into a Roth IRA. This reduces the concern about over-contributing to a child’s or grandchild’s 529…
Read MoreLet’s Talk About Cash
If you haven’t compared the interest rate you’re currently earning at your bank or credit union against available alternatives, now is a good time to do so. This is especially true if you hold a meaningful balance in a savings account, as we encourage you to do. Cash reserves are the first “bucket” of money…
Read MoreYour Name Here
When my favorite hockey team of my youth, the New York Islanders, moved into their new arena a couple of years ago, my college friend Jim was eager to attend. “This place is awesome!” he reported to me some 3,000 miles away. I believed him. I was a hockey player and a fan long before…
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