Today, I’d like to address an important subject … but first, I have a confession to make. Recently, I had a conversation that made me realize I had been subconsciously assuming that everyone “just knew” how to differentiate a financial advisor from a financial trader,...
Picking the right retirement vehicle can feel overwhelming. Especially as a business owner, with employees counting on you to help protect their financial futures. There’s an abundance of plans to choose from, and each has their own pros and cons. As a firm that...
Business owners have a variety of ways to save for their own retirement, and that of their employees. One option is to use a Simplified Employee Pension (SEP), where money is placed inside an Individual Retirement Account (IRA) for all plan participants. This is...
The 401(k) is one of the most well-known retirement vehicles out there. And as an employee, it’s a fantastic way to take advantage of compounding returns and create a life of financial freedom. But what about on the employer side of things? Unfortunately, that’s where...
What exactly is succession planning? At a general level, succession planning is the process through which a business readies itself for changes in leadership positions. When done correctly, it allows for the identification and development of individuals to take on,...
If you’re nearing retirement, you’re probably starting to think more seriously about where you would like to retire to? Have you considered Virginia? Many new retirees have and are making the move to one of Virginia’s retirement counties –...
Individual retirement accounts (IRAs) offer a way to save for retirement. In a general sense, IRAs are dependent on the same basic rule as the retirement account options offered by an employer. IRAs have contribution limits and allow you to withdraw cash without any...
Having a financial plan for the post-retirement years is everyone’s dream. With a long-term personal financial strategy, you can live comfortably and avoid financial issues during retirement. The thing is, no one really knows what those latter years hold until...
What is it they say? There are two things you can count on in life, death, and taxes? Paying taxes is part of the American and Virginian way. While all 50 states in the US must pay the same federal income taxes, Virginian residents benefit from favorable income tax...
Every day 10 thousand people in the US turn 65. They’re becoming the fastest-growing segment of the population. With turning 65 comes the right of passage which is retirement. As you embark upon this exciting new journey in your life, you may begin to wonder...
