Enhance Today | Enrich Tomorrow
As 2024 comes to a close, it’s easy to get swept up in the holiday rush. Before your calendar fills with gatherings and gift exchanges, here’s a financial checklist to help you wrap things up and start the new year…
What is the difference between an HSA and an FSA? Both the health savings account (HSA) and the healthcare flexible spending arrangement (FSA) are account types that help lower your taxes and help you save for healthcare expenses. You may…
So far, the 2024 election has provided the suspense and drama we have come to expect in presidential election years. For investors, the same questions continue to plague us as we await the winner in November. Are there signals in…
When thinking about preparing tax returns each year, many taxpayers have a binary view about the outcome that looks something like this: Owe Tax: BAD Receive Refund: GOOD While this may be the case if you are living paycheck-to-paycheck and…
When we see advertisements or receive emails and texts about being able to get “free” money with no strings attached, we typically see it as spam, too good to be true, or a way for our data to be collected….
Roth IRAs offer exceptional financial benefits for those who take advantage of them. A recent study found that just 1 in 4 households in the United States hold Roth IRAs; which represents about 1.4 trillion dollars. To refresh your memory,…
Since June 2023, when sports betting legislation was passed, I and other North Carolina residents have seen a constant stream of celebrity ads or promotions from the likes of DraftKings, FanDuel, BetMGM, ESPNBet, and Caesars. On March 11, North Carolina…
When considering your retirement income plan, Social Security will be one of the sources you rely on. For some, this may be all their income, while for others, it will be just part of what they will live on in…
Did you know the account you hold your investments in can make a meaningful difference in taxes over your investing lifetime? This is called asset location, and Vanguard has found that it can save you up to 0.60% annually in…
Whether your tax documents are filed away or in a folder on your desktop, you may be wondering, “Just how long do I really need to keep all of this?” As with many tax topics, the answer is: it depends!…
