2020 June


CARES Act Update

The Coronavirus Aid, Relief & Economic Security Act (CARES Act), passed in early 2020, included provisions that applied to IRAs. Recently the IRS, in Notice 2020-51 dated June 23, 2020, answered questions on some of the provisions in the act and provided additional relief. The following points regarding IRAs were addressed in the Notice. Specifically, […]


Financial Planning During Retirement

It is important to start saving for retirement as soon as possible. But once you get to retirement, how can you make your money last? Even in retirement, you will need a financial plan to manage your money and assets. Be sure that plan includes the following:

A Withdrawal Strategy

Determining how much to withdraw from your […]


Savings tips for college grads

Congratulations to you on this exciting time in your life. As you look ahead and start managing your own money, here are three tips to get your finances in order:

Aim to save at least 10% of your salary

Yes, 10% sounds like a lot. You do not have to start saving at 10%, but you eventually […]


The key to sticking to a budget

Have you ever promised yourself you would stick to a budget? Then two weeks later you find that your budget is everything but a budget? Knowing your values and what is most important to you can help. How do you get started?

Name your values and what is most important to you.

Start by framing your […]