Our Insights

In today’s digital age, our online presence has become as vital as our physical belongings. Our digital footprint is extensive, spanning social media profiles to online banking, email accounts, and even cryptocurrency wallets. However, what happens to all these assets when we can no longer manage them? Enter the concept of a digital estate. Just as you would safeguard your home, car, and financial accounts, securing your digital assets is crucial. Here’s how you can take proactive steps to protect

According to Federal Reserve data, American households inherit an average of $46,200.1 These inheritance windfalls can bring a complex mix of emotions, psychological challenges, and financial decisions. While the prospect of a sudden financial gain might seem like a dream, the reality often involves navigating grief, guilt, and new responsibilities. Understanding the psychological impact of inheritance can help beneficiaries make sound financial and emotional decisions. Let’s learn more. The Emotional Rollercoaster of Inheritance When someone receives an inheritance, grief often

U.S. Markets Stocks fell in the first quarter as investors contended with economic uncertainty, inflationary concerns, and evolving tariff talks. The Standard & Poor’s 500 Index slid 4.59%, while the tech-heavy Nasdaq Composite dropped 10.42%. The Dow Jones Industrial Average fared best, sliding only 1.28%.1 January’s Black Swan Stocks rallied in January on upbeat business and economic messaging from the White House. However, tech stocks pulled markets lower later in the month on news that a Chinese start-up had developed

Understanding your tax bracket is crucial for effective financial planning in 2025 and beyond. Tax brackets are adjusted annually due to inflation and policy changes. Here, we outline the tax brackets for 2025 and some ways to reduce your taxable income. 2025 Federal Income Tax Brackets The IRS adjusts tax brackets annually based on inflation, and for 2025, here are the tax rates for different income levels:1 Single Filers: • 37% for incomes over $626,250 • 35% for incomes over

With Tax Day right around the corner on April 15, it’s easy to feel overwhelmed. Even if you’re short on time, you can still file your taxes accurately and on time with focus and preparation. These last-minute tips will help you navigate the process efficiently and avoid unnecessary stress. 1. Gather Your Documents Quickly The main task to focus on with Tax Day looming is to collect all your documents. They could include your W-2s or 1099s to report income,

When you’re running your own business, retirement planning may be the last thing on your mind. However, it’s a major financial milestone that everyone should plan for. Women already face unique considerations in retirement, such as longer lifespans. This means that a well-planned retirement strategy is even more important for female entrepreneurs.  In this article, we will share some tips to help female entrepreneurs build secure and independent financial futures. Establish a Retirement Goal Early On The first step in

It’s fascinating to see how the world of work has evolved so drastically over the past few years. With the rise of remote work, the gig economy, and technological advancements, the traditional career path—working from your early twenties until you hit retirement in your sixties—may be a thing of the past. A new trend is emerging in its place: “temporary retirement.”  But what exactly does “temporary retirement” mean, and why are more people embracing it?  What is Temporary Retirement?  Temporary

If you’ve recently received notice that your insurance rates are increasing, you’re far from alone. The average cost of car insurance has jumped more than 20% in the last year.1 The average homeowner’s insurance premium rose 7.6% in 2021 from 2020.2 The countrywide average auto insurance expenditure increased 1.4%.3  Let’s look at why rates are increasing and what you can do to help mitigate these rising rates.  Why Are Insurance Rates Rising?  Insurance rates are influenced by various factors, most

A 401(k) is designed as a retirement planning tool, but investors sometimes face unexpected financial situations that lead them to consider withdrawing funds from their 401(k) early. While a 401(k) is designed for long-term savings, you can access the funds early through hardship withdrawals and loans. However, there are consequences to this decision.  Here, we break down 401(k) hardship withdrawals and note what you should consider before accessing your retirement funds early.  What Are 401(k) Hardship Withdrawals?  A 401(k) hardship

U.S. Markets  Stocks posted solid gains in Q4 as investors navigated the presidential election, overseas unrest, and Fed rate cuts.  The Standard & Poor’s 500 Index rose 2.41%, while the Nasdaq Composite surged 6.17%. By contrast, the Dow Jones Industrial Average edged up only 0.51%.1  Back and Forth in October  Stocks slipped in October as pre-election jitters hung over trading while solid but not spectacular Q3 corporate reports failed to lift spirits.2  Middle East tensions unsettled investors early in the