Is Working After Retirement Worth It? The conventional notion of retirement often conjures up images of leisurely days filled with hobbies, travel, and quality time with loved ones. However, an increasing number of retirees are exploring alternative paths, opting to extend their professional journeys or embark on new career endeavors. This decision is a multifaceted […]
A Volatile Week For Equities Ends Little Changed Equity markets were volatile last week but ended little changed as Monday’s continued selloff was nearly canceled out by strong performance Thursday and Friday. Global equities (represented by the MSCI All Country World Index) were up 0.02% while domestic stocks (represented by the S&P 500 Index) were […]
Passive vs. Non-Passive Income: Understanding the Difference When it comes to generating income, there are two primary categories: passive income and non-passive income. Understanding the difference between these two types of income is crucial for financial planning and wealth-building. In this article, we will explore the concept of passive income, its advantages, and how it […]
Understanding Inflation’s Impact on Your Retirement As you embark on the journey of retirement planning, it’s crucial to acknowledge and address a persistent economic reality – inflation. This gradual rise in the cost of goods and services can significantly diminish your purchasing power over time, posing a substantial threat to your financial stability during your […]
Unveiling the Mysteries of Zero Balance Accounts In the dynamic world of personal and business finance, managing cash flow and maintaining a healthy financial standing are paramount concerns. One financial instrument that has gained significant traction in recent years is the zero balance account. This innovative banking solution offers a differentiated approach to cash management, […]
How Does a Rollover IRA Work? When it comes to retirement planning, one of the most important decisions you’ll make is what to do with your employer-sponsored retirement plan when you change jobs or retire. One option that provides flexibility and control over your retirement savings is a Rollover Individual Retirement Account (IRA). In this […]
Common Tax Breaks for Retirees As retirees, it is crucial to take advantage of every available tax break to ensure that your hard-earned money is stretched as far as possible. With various types of retirement income being taxed differently, it’s important to pay close attention to your tax situation. In this article, we will explore […]
Understanding the ‘Will’ Concept In the realm of legal documentation, there’s hardly anything as crucial as a ‘will’. It’s a written testimony of an individual’s intention concerning their assets post their demise. This article aims to guide you through the intricate details of a will, its types, its significance, and how to draft one. What […]
Navigating the Financial Landscape: FDIC vs. NCUA Understanding the role of financial regulatory bodies is crucial when it comes to making informed decisions about where to store or invest your money. Two such entities are the Federal Deposit Insurance Corporation (FDIC) and the National Credit Union Administration (NCUA). This article will help you understand the […]
Health Savings Account (HSA) Vs. Flexible Spending Account (FSA) When it comes to planning for healthcare expenses, understanding your options is key. Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs) are two popular vehicles that can help you manage these costs. They each offer unique advantages and disadvantages, so let’s dive into the details […]