Did you or your child receive a refund from college? If so, that refund could be subject to taxation and a 10% penalty. The IRS could consider this refund as no longer being used for Qualifying Education Expenses. This refund would then be recharacterized as a taxable distribution. In order to a
Read MoreBreaking up with a financial advisor can be daunting, but it is not uncommon for investors to need to take this step. Building wealth requires a healthy partnership with an industry professional who aligns with your financial needs. When these needs inevitably change, the best outcome starts by tell
Read MoreWhether you’re moving out of your parent’s home for the first time or looking to relocate you’re likely considering whether you should rent or buy your next house. Many different factors will influence your decision, including: Budget Family size Pets Location Preferences It can be tough t
Read MoreWhether you’ve received a large inheritance or won the lottery, staying alert and informed is important when you have gained sudden wealth. Rather than spending the money all at once or immediately investing it, you should be thorough and thoughtful about how you spend it and reserve your weal
Read MoreCaveat emptor. Prudently adhering to the Latin phrase, “Let the buyer beware”, while shopping the financial marketplace will save you both money and disappointment. To meet your long-term objectives, clearly understanding what you’re getting when you purchase a particular investment, product o
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