There are many different types of Individual Retirement Arrangements (IRAs) a person can have. Some of these IRAs are employer-sponsored, such as the SIMPLE (Savings Incentive Match Plan for Employees) IRA or the SEP (Simplified […]
What is a Gift Tax? It is a federal tax imposed on certain transfers of any assets made as gifts without expecting anything in return. In 1924, the gift tax was first introduced to prevent […]
Individual Retirement Accounts (IRAs) are a great way to save and invest for retirement. One of the biggest advantages of IRAs is that they are tax-advantaged accounts. It may either allow for tax-deductible […]
We are currently in the midst of a bear market, and for those nearing or in retirement, this can be a scary time. A bear market occurs when “securities fall 20% or more from their previous […]
A prenuptial agreement is a contract that two people enter into before getting married. It defines what will happen to their assets and financial arrangements in the event of a divorce. In other words, prenuptial […]