01 Oct
October 01, 2014

On the surface converting an IRA account to a Roth account seems to make perfect sense. What a great way to pass on tax free assets to the next generation or even have tax free money that you can take out, at your discretion, during retirement. Before you rush out and convert your IRA to a Roth account, however, let’s take a closer look.

First and foremost, the president included a few proposals in his 2015 budget to

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08 Sep
September 08, 2014

The ALS Ice Bucket Challenge spread like wildfire across social media. And while we saw many young people take the challenge, we have to wonder – did they comprehend the deeper idea behind donating to ALS, or did they just have fun dumping ice water over their heads? This thought led to an array of questions about the value of charitable giving and how to teach it at a young age to ensure it evolves into a habit and not

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25 Mar
March 25, 2014

On March 9, 2009, the DOW closed at 6,547.05, its lowest close in 12 years. At this time, the value of U.S. stocks fell from $22 trillion to just $9 trillion. To put things into a more current perspective, on March 7, 2014, the Dow closed at an all time high of 16,452.72. One of the most important lessons in the five years since the all-time low point is that investors should not let emotions get the best

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10 Sep
September 10, 2013

Deciding when to claim your Social Security benefits is one of the most important financial decisions you’ll ever make.  Although you can apply for benefits as early as age 62, it’s not necessarily a wise move. Taking early retirement can have financial consequences; for example, you could end up decreasing your monthly benefit by as much as 25% for your lifetime. Once you elect to start your benefits, you generally lock them in for life.

Let’s take a look at what

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12 Jul
July 12, 2013

Some people spend more time planning their vacations than planning for retirement. But if you think about it, planning for both of these events is similar. When planning a vacation, you normally start with an ideal experience or destination in mind. Then you budget accordingly. When planning for retirement, you start by envisioning what you want your ideal retirement to look like. Do you want to retire early? Would you like to travel the world? Do you hope to

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