The Federal Employees’ Retirement Systems (FERS) Act of 1986 created the Thrift Savings Plan (TSP) which began life on January 1st, 1987. Created to provide federal employees and uniformed service members something closely modelled to 401(k) plans available to private…
Planning a financial strategy for retirement is understandably an emotive topic. It’s a difficult prospect to consider, the chance that poor planning or bad decision making could turn your golden years into a financial struggle. Emotive subjects are a beacon…
With current interest rates so low, and so much uncertainty in the economy, clients have been asking about their student loans. Namely, does it make sense to refinance, or even consolidate, those loans? Let’s look at how student loans work…
When looking at taxes, and how much you will have to pay, it helps to look at the long (and admittedly very boring) history of taxes in the U.S: PHEW! Now that that’s over, let’s see how this affects you…
Let’s take a look at some of the data to emerge during the novel coronavirus pandemic: Many people have died due to COVID 19. More than 108,000 in the US alone at the time of this writing. Keep in mind…
Planning for a special needs child or family member can overwhelm even the most detail-oriented parent. This is made especially difficult because you often have to juggle the child’s current emotional, academic, and social needs while planning the long-term financial…
“Money won’t change you, but time will take you on…” – James Brown College Planning is probably the topic I get asked about the most, so today we’re going to look at what college planning is, and three of the…
“Give me a nickel, brother can you spare a dime? Money can drive some people out of their minds” -The O’Jays What is a rule of thumb when it comes to money? It can be a way of helping you…