Financially Speaking Blog
A Beginner’s Guide to Inflation
A Beginner’s Guide to Inflation A June 2023 Forbes article, The Price is Right: U.S. Inflation Hits Two-Year Low in May a combination of higher interest rates, easing supply chain…
Coming in 2024: New 529 Plan-to-Roth IRA Rollover Option
In December 2022, Congress passed the SECURE 2.0 Act. It introduced two new rules relating to 529 plans and student debt that will take effect in 2024. The first provision…
Don’t Underestimate these Retirement Expenses
Don’t underestimate these retirement expenses As you head toward retirement and your excitement grows, don’t forget to consider your likely retirement expenses. An AARP article, 10 Biggest Expenses in Retirement…
Financing Options to Help You Ride the Mortgage Rate Roller Coaster
The mortgage industry has been on a roller coaster ride over the last couple of years. Interest rates for fixed-rate mortgage loans were at historical lows during the beginning of…
SECURE 2.0 Act Expands Early Withdrawal Exceptions
Expanding Early Withdrawal Exceptions! Tax-advantaged retirement accounts such as 401(k) plans and IRAs are intended to promote long-term retirement savings and thus offer preferential tax treatment in return for a…
What To Include in Your Retirement Budget
As you prepare for retirement, there are a number of things you can consider when making a budget. A U.S. News and World Report article, 10 Costs to Include in…